Major Partnership in Japan from Ripple, the Issuer of XRP!

#Ripple has strengthened its presence in the Japanese market by partnering with HashKey DX to introduce #XRP Ledger-based Blockchain solutions. This strategic move aims to ensure the adoption of corporate Blockchain in Japan, with SBI Group preparing to become the first Japanese company to use XRP Ledger (XRPL) Blockchain supply chain solutions.

#Ripple 's partnership with Tokyo-based consultancy HashKey DX represents a significant milestone for blockchain adoption in Japan. The partnership will enable the introduction of XRPL enterprise solutions to the Japanese market, with a focus on supply chain finance solutions.

HashKey DX will leverage XRPL's corporate history, settlement speeds, low costs and scalability to create and deliver innovative supply chain finance solutions in Japan in collaboration with #Ripple and SBI Ripple Asia. Andy Dan, president of HashKey DX, highlighted the potential for meaningful transformation and delivery of cutting-edge solutions for Japanese businesses.

HashKey Group, which has over five years of experience in the development and implementation of Blockchain-powered supply chain finance solutions in mainland China, brings great significance to the partnership. The company has more than 4,000 registered companies, including 23 banks and 4,300 suppliers, using Blockchain services. The total trade amount recorded exceeded $7 billion, while approximately $3 billion worth of transactions were financed through the #Blockchain solution in China.

RippleX senior vice president Markus Infanger foresees a significant growth trajectory for tokenized markets, predicting a value in excess of $16 trillion will be reached.

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