Kuwait Central Bank Taps Ripple for Blockchain Remittance Service

The National Bank of Kuwait has launched a product they’re calling “NBK Direct Remit,” a blockchain-based product which uses RippleNet for cross-border payments from within the Middle Eastern nation. The initial launch of the product only supports payments to nearby Jordan, but they intend to launch in at least 15 more countries soon. According to The post Kuwait Central Bank Taps Ripple for Blockchain Remittance Service appeared first on CCN

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