Commonwealth Bank of Australia to Partner with Ripple Network

Commonwealth Bank of Australia to Partner with Ripple Network

The Commonwealth Bank of Australia is on the verge of becoming one of the first banking institutions in the world to use the Ripple network. The plas to adopt Ripple network for payment settlements between its subsidiaries was announced by David Whiteing, the Chief Information Officer of Commonwealth Bank of Australia. He was speaking at an even hosted by AIIA (Australian Information Industry Association). With this announcement, the Sydney based bank has surpassed its rivals in London, Hong Kong and New York to become the first one to make use of a digital currency network. Some of the....


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