R3, one of the world’s prominent creator of blockchain solutions for businesses, has launched Corda Settler, which allows payments obligations on Corda platform to be met through any payment system in the world – traditional or blockchain-based. XRP has been named the first cryptocurrency to be supported by Settler.

The CorDapp will also allow the unique feature of verifying the funds were received by the receiver’s account and automatically updating the blockchain accordingly. More information on the Corda Settler can be found here.

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