Ripple, the 3rd largest cryptocurrency on the market currently, has made so many partnerships with different firms since its existence. It’s major difference from other traditional firms is it’s ability to tap from thethe potential of digital assets and blockchain technology to achieve its goals. With its new partnership with Indian Kotak Mahindra Bank shows that it is getting closer towards achieving its goals.
Ripple’s services is gradually becoming the talk of the town in many countries as many financial service providers now shows growing interest in what it has to offers.
Every specialists in the different departments of the financial sectors ranging from the remittance providers to money transmitters and even actual banks, they all want to be part and parcel of this technology. Although, it’s not yet certain whether Ripple will provide solutions to the needs of all these organizations.
All these trials are still underway, ripple continues to pave way by themselves in many other foreign countries. India is one among the latest countries added to the list of countries that has partnered with this technology which has great potentials in future.
With this newly incorporated partnership, it is possible to achieve positive change for India’s economy as a whole and it will open up new opportunities for blockchain companies.