Ripple (XRPUSD)

[europa7]

Ripple Joins Forces with HashKey DX to Introduce XRP Ledger-Powered Enterprise Solutions in Japan
https://group.hashkey.com/en/newsroom/ripple-joins-forces-with-hashkey-dx

(excerpt...see linked article for more details...)

"...HashKey Group has achieved significant success with its blockchain-powered supply chain finance solutions, which have seen widespread adoption in mainland China. The solution was launched in July 2019, and has currently more than 4,000 companies registered, including 23 banks and 4,300 suppliers. The total trade amount recorded exceeds 7 billion USD, with financing transactions nearing 3 billion USD within the solution.

Leveraging this success, HashKey DX will partner with Ripple and SBI Ripple Asia, a joint venture between SBI Holdings and Ripple, to introduce these supply chain finance solutions to Japan. These solutions will be built on the XRPL, a decentralized layer 1 blockchain renowned for its decade-long reliability and stability in tokenizing and exchanging crypto-native and real-world assets.

As part of this partnership, SBI Group companies will be the first Japanese corporations to utilize this supply chain finance solution. Looking ahead, the three companies will explore further collaboration on various enterprise blockchain use cases that will leverage the robust capabilities of the XRPL..."

https://group.hashkey.com/en

Ripple enters supply chain finance venture with SBI Group and HashKey DX
https://www.finextra.com/newsarticle/44065/ripple-enters-supply-chain-finance-venture-with-sbi-group-and-hashkey-dx