Dilip Rao, Ripple APAC
Ripple has announced the opening of a new office in Singapore to support its customer base across Asia-Pacific markets.
Dilip Rao, managing director for Ripple APAC, said, "Singapore is leading the charge when it comes to streamlining money exchange, remittance and payments systems. In fact, one of the key themes raised during the Prime Minister's recent National Day Rally was the importance of digitizing payments in the country's aim to become a Smart Nation.
"Our new office can support this ambition and equally brings us closer to our customer base across the Asia-Pacific region, enabling banks, payment providers and corporates to make instant payments into-and-out of the country using blockchain."