Ripple Blockchain Network Adds China Payments Provider
China-based payment service LianLian has said it will use Ripple's xCurrent blockchain solution for cross-border transactions.
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Chinese payment provider LianLian International is joining RippleNet, the payment network that uses Ripple's blockchain technology to facilitate cross-border transactions.
Arthur Zhu, CEO of LianLian International, said in a statement:
According to Ripple, the partnership with LianLian will enable existing RippleNet members to connect with the Chinese market.
With the news, LianLian becomes the latest member of RippleNet, which according to a previous CoinDesk report, now has over 100 customers using its xCurrent solution.
Disclaimer: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in Ripple.
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