Leading fintech company of Israel uses technology Ripple

The Israeli retailer GMT, specializing in remittances, uses a Ripple blockchain solution. This is stated in a press release.

At the same time, Ripple appointed the GMT as its official representative in Israel. Note that GMT has not yet clarified which startup product it intends to use – xCurrent or xRapid.

“This partnership strengthens the leading position of GMT in the Israeli fintech industry, and also allows us to work side by side with leading global companies, ” says the message GMT.

Representatives of the company are confident that, thanks to cooperation with the Californian startup, GMT will take part in "creating a global financial system using advanced technologies."

Previously, Ripple partners were the UAE Exchange payment company based in the United Arab Emirates and a division of the South Korean stock exchange Coinone .

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