The representative of a major German software company SAP has spoken about the upcoming upgrades. Falk Rieker is sure that best expansion policy is collaborating with other institutions and picking up some of their strategic decisions.
That is why the company followed the example of their long-term partner, a Canadian bank ATB, and decided to research the potential of the Ripple cross-border payment technology.
Overall, it took 2 companies 10 days to prepare for the upgrade, and after that the first trial transaction between Canada and Germany was conducted. The transaction was successful and took less than a minute.
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