Royal Bank of Canada starts blockchain trial with Ripple

RBC and Ripple are now working on a limited production PoC with the goal of evaluating how the distributed ledger trial could impact other areas of the banks business if more widely implemented.

Notably, the release comes amid a broader push by Ripple to promote awareness about its partnerships with financial incumbents, following on the heels of a report that aimed to promote the cost savings enterprise users could achieve with its technology.