SBI Holdings Chairman Says Ripple (XRP) Is Next Global Standard Of Cryptocurrency And Money
At the seminar tagged “The Japan Blockchain Conference” which took place on 27th of June, the CEO displayed much belief for the blockchain technology as one that will maintain its rapid growth trend and optimize the global financial system.
The chairman of the SBI Holdings has been keeping tab on the cryptocurrency since January 2016 before the rally of XRP that resulted into the high valuation of the coin when it surpassed $50 billion.
Since the gesture, SBI Holdings had dragged financial institutions in South Korea, amongst which Kookmin and Shinhan, the two largest commercial banks in the country, to deploying Ripple tool to better cross-border transactions.
The conference also featured bigwig like cofounder of Ethereum and creator of Cardano Charles Hoskinson, Bitcoin.com CEO, Roger Ver and other topnotch entrepreneur in the blockchain sector.
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