Ripple & Earthport Joint Product
Key to the successful rollout of Ripple‘s frictionless distributed ledger protocol to send money globally are Ripple partners, such as CGI, a Canadian IT consulting and systems integration company, or Earthport, a company under U.K. law “enabling its clients to harness the benefits of new payments innovation and better service their customers needs world-wide.”
San Francisco-based Ripple, now serving more than 100 financial institutions around the globe, can’t provide all the system implementations by itself. Ripple offers the product, collaborations with partners such as CGI and Earthport offer the IT specialists and technicians contracted to go to the clients and set it all up for them.
While CGI and Earthport can’t divulge any information about ongoing Ripple pilots, Earthport was the enabler that made Santander U.K. back in 2016 the first bank to use blockchain to make faster and cheaper international payments.
What Earthport can share is just-finalized information on its collaboration with Ripple, as seen below.
Download the full Earthport & Ripple Joint Product PDF here.
Note: Ripple’s native digital token XRP is not used in any capacity related to the Earthport distributed ledger gateway. This just-announced pioneer honor belongs to Cuallix, world’s first financial institution to use a digital asset to reduce liquidity costs.