Japanese SBI Holdings releases financial report, notes Ripple as potential cross-border payment

Financial giant SBI Holdings of Japan has reportedly released its financial report of nine-month on Jan 31. In the report, which was for the period ending of 31 Dec 2018, the SBI has said that Ripple has the potential of being a cross-border option for payment. As major strategical part, the SBI has hinted on implementing the Ripple(XRP) and R3 the blockchain consortium technologies so that is could enable financial standards as per global standards like trading finance and cross-border payments.