SBI Group’s “strategic” partnership with Ripple and R3 could reshape the payments industry as a whole

Opinion:

SBI Group is a humungous financial services company based in Japan, which has investments in sectors like Information Technology, Biotechnology, life science, mobile/wireless, environment, and energy.

SBI Holdings, Inc., together with its subsidiaries, engages in the online financial service businesses and investment activities in Japan and internationally.

The most important and well-known in the cryptocurrency realm is the joint venture partnerships with the likes or Ripple or R3 and many more.

SBI Holdings has completed a circle of partnerships which might seem random on the surface but has more to it. These partners include Ripple, a U.S. based company that is trying to disrupt the banking and financial sector as a whole through its blockchain-based payment products and solutions, and R3, an enterprise blockchain software company which is involved in research and development of DLT.

SBI + Ripple

Ripple has over 200 partnerships with various banks and financial players…

Read Full Story : AMBCrypto

2019-02-03 17:20:11