UK Foreign Exchange Firm Joins Ripple Blockchain RippleNet

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Moneynetint, a UK-based provider of foreign exchange services for the corporate sector has integrated and deployed decentralized payments using Ripple blockchain network RippleNet.

Based in London with a focus on payment services for corporate clients, Moneynetint revealed an ongoing collaboration with San Francisco-based blockchain industry giant Ripple on Tuesday.

The payments platform, which provides cross-border money transfers and currency exchange services, said it has completed the integration phase with Ripple and has now fully deployed the blockchain solution with payments received from other RippleNet members elsewhere, in a press release shared with CCN.

RippleNet is Ripple’s enterprise blockchain network with over 100 members including banks, payment providers and remittance operators globally. See more for yourself here.