Now, quicker Gulf #remittances with #blockchain push.
Mumbai : Indians working in the Gulf will have a more efficient method for transferring #money from #bank accounts to #India with UAE-based RAKBANK and several others joining Ripple's network. #Ripple #XRP, a currency network and a real-time gross #settlement system (RTGS), enables instant money transfers by plugging banks into the #RippleNet — the world's first blockchain-based remittance system...