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Ripple partner SBI Holdings to collaborate with Japan’s SMBC
Summary: Japan's financial institution, Sumitomo Mitsui Banking Corporation (SMBC) recently partnered with SBI Holdings to create a Blockchain financial service platform, reports ambcrypto. To reduce operational costs, SBI holdings partnered with Fukushima Bank to use Ripple's MoneyTap. Further reports state the SMBC will be investing in R3's Corda platform in Japan as well. By Claudia Rivera
Japan's financial institution, Sumitomo Mitsui Banking Corporation (SMBC) recently partnered with SBI Holdings to create a Blockchain financial service platform, reports ambcrypto.
To reduce operational costs, SBI holdings partnered with Fukushima Bank to use Ripple's MoneyTap. Further reports state the SMBC will be investing in R3's Corda platform in Japan as well.
By Claudia Rivera
Tags: HOLDINGS,JAPAN MONEY,TAPSBI
Link: Ripple partner SBI Holdings to collaborate with Japan’s SMBC [Copy]