MoneyTap, a blockchain money transfer app built by SBI Holdings and Ripple, has just gone live in Japan.
A joint venture between SBI Holdings and Ripple has moved a step closer to launching its blockchain-based payments app for consumers.
The joint venture between investment giant SBI and Ripple is forming a group to research the use of distributed ledgers in securities products.
SBI Ripple Asia will reportedly start testing its blockchain-based funds-transfer system between Japanese and South Korean banks by the end of 2017.
Having revealed the plan in March, Japan's SBI Holdings says it will roll out a Ripple DLT-based payments app for iOS and Android this autumn.
Japanese banking giant SBI Holdings announced on Monday that its in-house cryptocurrency exchange is now live.
SBI Bank LLC, a commercial bank owned by Japanese financial giant SBI Holdings, is joining blockchain banking consortium R3.
A group of Japanese banks is planning to use Ripple's blockchain-based payments technology in a smartphone app aimed at general consumers.
SBI Holdings, the financial services arm of the SBI Group, has bought a 40 percent stake in cryptocurrency hardware wallet maker CoolBitX.
South Korea's Wooribank has reportedly completed an overseas remittance test using Ripple's DLT solution.