Ripple Names GMT as Its Israeli Representative to Benefit the Global Remittance Sector

2018-12-17 21:13

The largest financial services company in Israel, GMT< has recently been selected by Ripple to be its official representant in the country. Ripple, you probably know, is the company that created the XRP token, used in services that are focused on quick cross-border transactions. Basically, Ripple aims to turn its RippleNet into a better version of SWIFT.

Ripple has offices in many countries of the world, including India, Australia, Singapore, Luxembourg and towns like New York and London. Because of this and the essence of cross-border transactions, it is important that the company has offices and partners all around the world.

Now, the company has more than 100 financial institutions partnering with it all over the world and its Ripplenet network is already huge. GMT is now chosen by Ripple to be a part of RippleNet in the country. Basically, the company will be responsible for using its technology to improve the network and to help in the cross-border transactions.

GMT is now set to join other Ripple partners like MoneyGram, AmericanExpress, AKBANK, Earthport and others. Banks like the CIMB Group, which is the fifth largest bank in Southeast Asia and Banc Santander are also very important partners of Ripple.

Ripple has made a lot of progress this year when it comes to partnerships. The company has recently had its XRP token chosen as the first asset to be used on the Corda settlement system. Corda is the technology created by R3, a very high-profile tech conglomerate.

About GMT

GMT is a Israeli company founded in 2001 and today it sits at the top of the fintech industry of the country, being the largest company of its kind in Israel.

The company has services that cater to both the local and international markets and it is specialized in forex trading and medical insurance for tourists, as well as other businesses.

An official statement from the company has affirmed that GMT is glad to be working with Ripple for the future of Israel and of the blockchain technology, as well as cross-border transfers that can be made with transparency, speed and affordable costs.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ripple (XRP) на Currencies.ru

$ 0.5142 (-0.52%)
Объем 24H $1.163b
Изменеия 24h: -0.73 %, 7d: -0.97 %
Cегодня L: $0.5141 - H: $0.5173
Капитализация $28.432b Rank 7
Цена в час новости $ 0.3209 (60.24%)

ripple services gmt company focused used know

Источник: bitcoinexchangeguide.com

ripple services → Результатов: 100


Additional Ripple Lawsuit Asserts that XRP is a Security

Distributed ledger startup Ripple is facing another class-action lawsuit tied to the legal classification of the XRP cryptocurrency. Filed by California resident David Oconer, the complaint names Ripple Labs, XRP II (Ripple’s licensed money services business), Ripple CEO Brad Garlinghouse and 25 unnamed persons affiliated with the firms as defendants. The suit claims: “Here, the

2018-7-5 22:55


дальше еще 51 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Is Arbitrum's latest record good news for ARB's price? Metrics say...

Arbitrum active addresses registered figures of 900,000 for consecutive days ARB's market trend has continued to fall though Arbitrum is in the news today after it seemed to solidify its posThe post Is Arbitrum's latest record good news for ARB's price? Metrics say... appeared first on AMBCrypto.

XRP whales add $55 million, but the price falls again - What's happening?

XRP whales have increased their accumulation of the token over the last 14 days However, this failed to affect the altcoin's price positively XRP's price has maintained a downtrend on the chThe post XRP whales add $55 million, but the price falls again - What's happening? appeared first on AMBCrypto.

Countdown to Notcoin's Binance listing - Will NOT and TON profit from it?

78% of NOT’s total supply will be allocated to miners  TON turned bearish as its price dropped by more than 3.5% The wait for the much-hyped Notcoin [NOT] launch is about to end soon. As The post Countdown to Notcoin's Binance listing - Will NOT and TON profit from it? appeared first on AMBCrypto.

Ethereum's latest buy signal - Are ETH whales buying yet?

Ethereum’s exchange reserves hiked over the past week Most metrics suggested that ETH might continue to rally  The crypto-market has turned bullish over the last 36 hours, allowing most cThe post Ethereum's latest buy signal - Are ETH whales buying yet? appeared first on AMBCrypto.

Arcblock crypto jumps 64% in one month: Is $4.12 next?

Arcblock crypto’s price has increased by 64% in the last 30 days. Bullish pressure is significant in the token’s market. ABT, the native token of Arcblock crypto, a platform designed to The post Arcblock crypto jumps 64% in one month: Is $4.12 next? appeared first on AMBCrypto.

Ethereum ETF chances 'slim to none' as SEC considers ETH 'security'

SEC could reject spot ETH ETF application based on ‘security’ status. Mixed feelings on possible SEC’s rejection grounds as ETH price dropped.  The US SEC (Securities and Exchange ComThe post Ethereum ETF chances 'slim to none' as SEC considers ETH 'security' appeared first on AMBCrypto.