Blockchain & Banks



If you’ve ever wanted to empty your bank account with just a couple of clicks (and send it all overseas), you’re in luck.

Santander, a Spanish mega-bank, has just announced the launch of an international payment app for retail customers, which will use xCurrent, a blockchain technology owned by Ripple—one of Bitcoin’s main competitors.

In a statement yesterday, Santander said that this first-of-a-kind app makes them the, “First bank to roll out a blockchain-based international payments service to retail customers in multiple countries simultaneously.”

RELATED: Bitcoin Expert Warns Banks Will Enter The Crypto Market And Cause Massive Price Surge 

This a smart choice by Santander because Ripple is seen as one of the most legitimate crypto-currencies (it’s less decentralised than the others—and is backed by some of the world’s major financial institutions). The move will also benefit Ripple; improving its public perception, increasing investor confidence and making it more likely to be accepted by consumers. Potentially, it might even become a mainstream form of financial transaction, beating Bitcoin to the finish-line.

The app, called One Pay FX, will be available initially in Spain, the United Kingdom, Brazil and Poland before being rolled-out to other countries later in the year. The blockchain software xCurrent will be used to power end-to-end tracking of payments and instant settlements around the world.






Video: Why do BANKS like BLOCKCHAIN? - VisualPolitik EN

Banks Are Using Blockchain To Power International Payments
Banks Are Using Blockchain To Power International Payments images

2019 year
2019 year - Banks Are Using Blockchain To Power International Payments pictures

Banks Are Using Blockchain To Power International Payments advise
Banks Are Using Blockchain To Power International Payments forecasting photo

Banks Are Using Blockchain To Power International Payments pictures
Banks Are Using Blockchain To Power International Payments photo

Banks Are Using Blockchain To Power International Payments Banks Are Using Blockchain To Power International Payments new pictures
Banks Are Using Blockchain To Power International Payments new picture

foto Banks Are Using Blockchain To Power International Payments
pics Banks Are Using Blockchain To Power International Payments

Watch Banks Are Using Blockchain To Power International Payments video
Watch Banks Are Using Blockchain To Power International Payments video

Communication on this topic: Banks Are Using Blockchain To Power International , banks-are-using-blockchain-to-power-international/
Communication on this topic: Banks Are Using Blockchain To Power International , banks-are-using-blockchain-to-power-international/ , banks-are-using-blockchain-to-power-international/

Related News


Tommy Hilfiger Heads To Shanghai For TommyNow Fall 2019
Q: I like having a few frozen meals at the ready for when I work late. Which are the best
Homemade Canned Diced Tomatoes
10 etenswaren die veel calorieën bevatten, maar eigenlijk heel erg goed voor je zijn
40 Philippians 4:13 Tattoo Designs For Men – Bible Verse Ink Ideas
The Snake Diet Is the Latest Insane Weight Loss Trend You Definitely Should Not Try
Star Wars Characters Reimagined As Special Edition Cars
Phillip Lim To Collaborate With Target InSeptember
What Will Replace Zelnorm
Rear-Foot Elevated Split Squat with Overhead Press
10 Celebrity Parents Who Don’t Believe in Giving Their KidsPresents
The Simple Reason Your Hair Products Arent Working
16 Easy Ways to Get Your House Ready for Spring
How to tell if you’re headed to the top



Date: 16.12.2018, 01:57 / Views: 92371