BBVA Taps Blockchain to Make International Payments in Seconds

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Blockchain may lastly be moving out of the lab and into the marketplace.

Banco Santander SA’s U.K. division began utilizing Ripple’s cross-border payment app internally.But Ripple might never ever become a true option unless BBVA and other partners start accepting payments from one another on its network. Getting rivals as complex and conservative as banks to sign up with forces is no mean task. “We are talking to several organizations,

“stated Marcus Treacher, Ripple’s worldwide head of strategic accounts.”Settlements are ongoing.”


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