$0.92179 -13.77%
XRP · 205w

Now, quicker Gulf remittances with blockchain push

Some more good press. Notice how RippleNet will work in harmony with India's Immediate Payment Systems. *RippleNet's advantage is that once the lenders plug into the network, their customers can send money to banks in any country, which is part of the network. Once the money is sent to the Indian partner, funds can be subsequently transferred to any bank immediately using local networks like the Immediate Payment Systems. "We see an opportunity to globalise India Stack. For instance, it would be possible for banks to set up applications where customers can send money without account details by using Aadhaar as an identifier," said Rao.* Article: https://timesofindia.indiatimes.com/business/india-business/now-quicker-gulf-remittances-with-blockchain-push/articleshow/61028805.cms?utm_source=twitter.com&utm_medium=social&utm_campaign=TOIMobile India Stack: http://indiastack.org/about/
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