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Ripple breaks ground in Japan, SBI Group to use XRPL for supply chain solutions

Ripple breaks ground in Japan, SBI Group to use XRPL for supply chain solutions

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Source: Coin Telegraph

Ripple has partnered with HashKey DX to introduce XRP Ledger-based blockchain solutions to the Japanese market.

SBI Group will become the first Japanese corporation to use XRP Ledger (XRPL) blockchain supply chain solutions as Ripple looks to drive enterprise blockchain solution use cases in Japan.

SBI will break new ground in Japan after Ripple announced it has entered a strategic partnership with Tokyo-based consulting firm HashKey DX. The latter is set to introduce XRPL enterprise solutions to the Japanese market.

HashKey will collaborate with Ripple and SBI Ripple Asia, a joint venture between SBI Holdings and Ripple, to build and introduce supply chain finance solutions in the country. The tools will be built on the XRPL, the decentralized blockchain network initially developed by Ripple Labs.

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Author: Gareth Jenkinson