The National Bank of Kuwait (NBK) began using blockchain solutions from California-based startup Ripple to transfer funds to Jordan. However, it is unknown wheater it is xCurrent and xRapid.
National Bank of Kuwait online service customers can use this service. According to the NBK, this offer is an “innovative, secure and reliable service in the field of money transfer”.
Note that in the future the NBK plans to make remittances using Ripple technology to other countries.
Last year the Central Bank of Kuwait banned the banking sector and companies under the supervision of the regulator to trade Bitcoin.