Binance Square
LIVE
LIVE
Crypto De Nostradame
Bullish
--19.6k views
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. $BTC $XRP

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.
$BTC $XRP

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Replies 3
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator

Explore More From Creator

--
The USA opened an investigation against artificial intelligence giants OpenAI, Nvidia and Microsoft The US Department of Justice and the Federal Trade Commission launched an investigation into technology giants OpenAI, Nvidia and Microsoft, three major players in the artificial intelligence industry. The US Department of Justice (DOJ) and the Federal Trade Commission (#FTC ) agreed to share duties in investigating three major players in the artificial intelligence industry. Under the agreement, regulators will conduct antitrust investigations into the dominant roles that Microsoft, OpenAI and Nvidia play in the artificial intelligence industry. According to reports, the US Department of Justice (DOJ) will investigate whether Nvidia, the largest manufacturer of artificial intelligence chips and with almost 80 percent market share in this field, violated antitrust laws.  The Federal Trade Commission (FTC) will investigate Microsoft, which invested $13 billion in the company with OpenAI, which made a splash with #ChatGPT , Sora, Dall-E and the latest GPT-4o model. The Biden administration continues to curb the power of big technology companies through regulatory agencies. After both institutions made a similar deal 5 years ago, they investigated Google, Apple, Amazon and Meta and sued them all for allegedly violating antitrust laws. Nvidia, #Microsoft and #OpenAI were flying under the radar, but with the emergence of productive artificial intelligence in 2022, the view in this direction has also changed. Regulators have been trying to rein in companies in the artificial intelligence space lately. The FTC had launched an investigation into whether OpenAI harmed consumers through data collection. The FTC has also launched a broad investigation into strategic partnerships between tech giants and AI start-ups, including Microsoft's investment in #OpenAI and Google and Amazon's investments in Anthropic, another small AI company . $BTC $ETH
--
Ripple Announces New Stablecoin and RWA Tokenization Strategies at Money 20/20 Europe 2024. In her speech at the Money 20/20 event, Monica Long highlighted the growing interest in tokenizing real-world assets among Ripple's asset custody customers. This increased demand marks a significant shift in the management and trading of assets; #Blockchain technology is used to increase liquidity, transparency and security. This innovation allows traditional assets such as real estate and commodities to be represented on the blockchain, enabling more efficient and secure transactions. Monica Long also detailed that Ripple's entry into the stablecoin market is an important strategic move for the company. In April this year, #Ripple announced that it was developing a USD-pegged stablecoin that would run on both #XRP Ledger and #Ethereum . This stablecoin will be backed by US dollar deposits and other cash equivalents, ensuring transparency and trust with monthly audits by third-party auditors. The introduction of this stablecoin aims to provide a stable digital asset that can be easily integrated into various financial services, improving cross-border payment solutions. Ripple's collaboration with Zoniqx represents another major step forward in the digital asset space. Zoniqx, a leader in digital asset management, will collaborate with Ripple to offer advanced tokenization services on #XRP Ledger. This partnership aims to leverage the capabilities of the XRP Ledger, allowing for more efficient management and trading of real-world assets. These tokenization services will provide access to a wide range of assets and increased liquidity, which could potentially reshape the financial landscape. $BTC $XRP
--

Trending Articles

View More
Sitemap
Cookie Preferences
Platform T&Cs