SBI Ripple Asia and DAYLI Financial Group partner to bring Ripple solutions to South Korea
SBI Ripple Asia, that manages the consortium of Japanese banks using Ripple's blockchain-based cross-border payments solution, partnered on September 11th 2017 with DAYLI Intelligence, a subsidiary of DAYLI Financial Group and a provider of blockchain solutions for financial institutions.
This partnership aims to bring Ripple’s enterprise blockchain solutions to the South Korean market. It will focus on enabling instant cross-border payments between customers in Japan and South Korea, in addition to other global markets. The added value of payments solution powered by blockchain would be round-the-clock settlements with significant savings to banks and consumers across the region.