Ripple's Enterprise Blockchain Network Adds a New Bank

Bank Dhofar, an Oman-based financial investment management company, has joined RippleNet, a move the bank says enables it to provide global cross-border payments using Ripple's blockchain technology, a press release states. The move is the latest that finds Bank Dhofar among an early set of blockchain movers in the Middle East. Earlier this year, Bank Dhofar joined Bankchain, a consortium of over 27 banks that was launched in February 2017 to explore blockchain solutions for the banking sector.

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