First we see compnanied leaving R3 and moving back to Ripple The Bank of Tokyo-Mitsubishi UFJ (BTMU), the banking arm of the Mitsubishi UFJ Financial Group (MUFG) has joined Ripple in its endeavor to establish an international blockchain payments network of global banks. Bank of Santander also left.
Griffin explained that the pilot showcases how banks could use Ripple's Connect product and its Interledger protocol to send transactions between each other, as well as any other bank running the software, both domestically and internationally.
As a result of the successful test, Griffin said some banks involved are now committed to moving to production deployment of the RC Cloud in 2017.
"Several banks are planning to go into production around Autumn," Emi Yoshikawa, director of joint venture partnerships at Ripple, added. "They will now begin discussing the rules and standards between banks."
It`s only a matter of time now..... Buy the waiting is killing me...
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