A company specialized in processing international financial payments with blockchain technology.
Ripple chooses Dubai International Financial as its regional headquarters
Aref Amiri and Gupta during the announcement of the inauguration of the regional headquarters of "Ripple".
From the source
The Dubai International Financial Center announced yesterday the inauguration of the regional headquarters of Ripple, which specializes in handling international financial payments using blockchain technology. The company will start its operations in the region from the financial center.
A statement issued yesterday stated that the company's choice of the DIFC comes in view of the innovative legislation it applies, as well as the wide network and prestigious reputation that it enjoys as a global financial center, and this step confirms the efforts of both sides in shaping the future of the global financial sector.
Global platform
The CEO of the DIFC Authority, Arif Amiri, said that the center is an ideal global platform that helps companies specializing in financial technology, and through its advanced laws and legislation, to cooperate with other companies located in the financial center, as these companies are considered part of the largest system Finance in the region, which greatly contributes to the process of developing the financial sector locally, regionally and internationally.
Amiri added: “During the recovery phase from the global pandemic, we noticed the global trend towards the digital agenda, which confirms that Ripple, along with more than 230 companies working in the financial technology sector in the financial center, will have a pivotal role in the future of the sector. Financial ».
He continued: “We welcome (Ripple), one of the most innovative companies, which is a distinctive addition to us in the financial center. It is a world-famous company in providing innovative solutions to the financial sector, to be our ideal partner. ) In Dubai, the UAE and the region in general, and to contribute to achieving the goals of the UAE Strategy for Digital Transactions 2021 (Blockchain).
Dealers base
For his part, Naveen Gupta, director of Ripple in the Middle East, North Africa and South Asia, said that Ripple has a large customer base in the region, which encouraged us to open a regional headquarters in the Dubai International Financial Center that would meet their needs and provide solutions Blockchain technologies are innovative and unique to them, as well as enabling our relationship with financial companies in the region.
Innovative financial services
The company "Ripple" was established in 2012 according to a vision that works to provide innovative financial solutions and services that contribute to the transfer and transfer of funds quickly and the standards of information transfer that we are witnessing.
The company offers its clients through its network "RippleNet" the ease of transferring and processing their money in a timely, reliable, and cost-efficient manner, with comprehensive knowledge of operations wherever they are around the world. Hundreds of financial companies in more than 45 countries rely on this network. It makes it one of the leading providers of blockchain technology solutions for processing payments.
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