SBC Becomes the First Bank on RippleNet to Use Multi-Hop Feature

Ripple announced via a post on its “Insights” blog that Thailand’s first domestic bank Siam Commercial Bank (SBC) has become the first financial institution on RippleNet to use the ‘Multi-Hop’ feature. The blockchain startup tweeted this: “@scb_thailand will be the first to use ‘multi-hop’, a key feature on RippleNet that allows financial institutions to forward …