Siam Commercial Bank (SCB) Collaborates with Ripple

le A collaboration has been made between Siam Commercial Bank (SCB) and Ripple in an effort in establishing a blockchain-powered mobile application. The senior vice president of SCB, Arthit Sriumporn explained, “It is so difficult to send and receive money today. People must physically go to a bank branch, fill out long and complicated forms and wait for payments to be received—with no transparency.”

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