කොමර්ෂල් බැංකුව RippleNet Blockchain තාක්ෂණය ගෝලීය ගෙවීම්
The Commercial Bank of Ceylon recently joined RippleNet, a global payments network leveraging Ripple’s Blockchain technology which facilitates both inward and regulator-enabled outward blockchain technology-powered remittances that are virtually instant and extra secure.
Joining RippleNet ensures that remittances are received instantly with an end-to-end tracing and tracking solution,that the process is transparent and tamper-proof, and that remittances of lower denominations are viable due to the lower rates that apply, the Bank said.
Ripple’s technology facilitates a simplified experience for customers by offering a straightforward remittances process with the removal of multiple steps in the regular process.Blockchain also provides the ability to move money on real time basis, leading to improved productivity.
Additionally, while traditional remittance measures require a third-party that handles the authorisation and release of the payment, blockchain removes the requirement for a middleman. This decentralised structure is one of the primary reasons the remittance process happens faster and costs less.
Notably, the Ripple’s technology possesses features that prevent any outsider access to payment data and is equipped with an anti-fraud feature that makes it more difficult for hackers to break into transactions.
Ripple’s technology connects banks and payment providers enabling one frictionless experience for sending and receiving money globally.
Source :
Free Ripple Faucet : :
The Commercial Bank of Ceylon recently joined RippleNet, a global payments network leveraging Ripple’s Blockchain technology which facilitates both inward and regulator-enabled outward blockchain technology-powered remittances that are virtually instant and extra secure.
Joining RippleNet ensures that remittances are received instantly with an end-to-end tracing and tracking solution,that the process is transparent and tamper-proof, and that remittances of lower denominations are viable due to the lower rates that apply, the Bank said.
Ripple’s technology facilitates a simplified experience for customers by offering a straightforward remittances process with the removal of multiple steps in the regular process.Blockchain also provides the ability to move money on real time basis, leading to improved productivity.
Additionally, while traditional remittance measures require a third-party that handles the authorisation and release of the payment, blockchain removes the requirement for a middleman. This decentralised structure is one of the primary reasons the remittance process happens faster and costs less.
Notably, the Ripple’s technology possesses features that prevent any outsider access to payment data and is equipped with an anti-fraud feature that makes it more difficult for hackers to break into transactions.
Ripple’s technology connects banks and payment providers enabling one frictionless experience for sending and receiving money globally.
Source :
Code:
https://www.combank.net/newweb/en/news/8-news-and-events/posts/928-combank-joins-ripplenet-for-blockchain-powered-remittancesFree Ripple Faucet : :
Code:
https://coinfaucet.io/?ref=409456
