Kuwait Finance House Now Using Ripple xRapid For Cross Border Transactions

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Kuwait Finance House (KFH) is one of the major banks of Kuwait, most famous for being one of the first banks to open, operating under Sharia law. KFH are a major firm within Kuwait, trading on the Kuwait Stock Exchange, with a market capitalisation of $8.2 billion as of 2016. According to reports out today, KFH are the first bank in Kuwait to have successfully trialled and completed a Ripple powered blockchain transaction, one that suggests going forward, KFH will be integrating with Ripple’s xRapid to facilitate all future cross border payments. Continue reading Kuwait Finance House Now Using Ripple xRapid For Cross Border Transactions at Crypto Daily™.
Source: Kuwait Finance House Now Using Ripple xRapid For Cross Border Transactions

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