A french bank in Ripple tech !

Hourra !

Never thought this could happen ....

https://www.capital.fr/entreprises-marches/credit-agricole-se-lance-dans-la-blockchain-avec-le-turbulent-ripple-1268808

The Credit agricole is a french bank , initially created for the agricultural world in 1884 , they are going to test the ripple tech for their salary transfers to employees and the Suisse border , so instead of them waiting for their pay for four days it would take minutes :)

How wonsderful of a french bank to notice the existence of this tech ....

Ok its not the samellest bank , they became internationl in 1990 holding Crédit agricole S.A. and they made in 2015 around 33 billion .

But it is a first step in the french banking world :)

Here is the translation of the first part of the article that says it all :

"This is a first in France: Crédit Agricole has announced that it will test for six months one of the services of Ripple, one of the most prominent companies blockchain sector. Ripple is primarily aimed at banks and promises to improve international remittances by speeding up their processes and reducing their fees. Crédit Agricole's experience will focus on the transfer of salaries in Swiss francs from its 90,000 cross-border customers working in Switzerland. The goal is to reduce delays before a transfer is effective. "We talk about a few minutes instead of several days," says the banking group."

Story to follow in six months !