MUFG, Banco Bradesco to Use Blockchain for Cross-Border Payments

MUFG Bank and Banco Bradesco will use distributed ledger technology from Ripple, a San Francisco-based software vendor specializing in global real-time settlements, to create a new cross-border payment service between Japan and Brazil. A recently-signed memorandum of understanding between Tokyo-based MUFG and São Paulo-based Bradesco extended an existing 2017 collaboration agreement, although the relationship between the ...Read More

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