SBI Ripple Asia and South Korea's DSRV Commence Joint Research on Cross-Border Payments via XRPL

SBI Ripple Asia Co., Ltd. announced on the 24th that it has started joint research with South Korean blockchain infrastructure company DSRV Labs (hereafter, DSRV) on the use of blockchain in the remittance and payment sector targeting the Japan-South Korea market. The research will explore the feasibility of implementing the XRP Ledger (XRPL) as the blockchain foundation from three perspectives: regulatory, operational, and technical. Both companies have signed a Memorandum of Understanding (MOU) and will organize discussions based on the regulatory and operational environments of Japan and South Korea, examine how to connect with existing remittance and payment infrastructures, and explore blockchain...