61 Japanese Banks Tap Ripple Blockchain Consumer Payments App

A consortium of 61 Japanese banks, comprising over 80% of the country’s banking assets, are gearing toward the launch of a retail consumer payments app using Ripple blockchain technology. Titled “MoneyTap”, the new smartphone application will enable customers of 61 banks to settle instant domestic transactions in Japan using San Francisco-based FinTech startup Ripple’s blockchain
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