Major Credit Card Issuer In Argentina Partners With Blockchain-Based Credit Network

As blockchain technology continues to make its way into the mainstream, a number of established companies and industries are looking at ways to integrate it into existing infrastructures. Financial institutions in particular are interested in leveraging blockchain technology to boost inclusion and growth.

One latest example of this is one of the biggest credit card issuers in Argentina Naranja signing a memorandum of understanding (MOU) with Ripio Credit Network (RCN) to explore the possibility of using blockchain technology to record different credit lines.

Just latest example of Blockchain’s potential in emerging markets.