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UAE Exchange, Unimoni goes live on Ripple’s Blockchain Network

Dubai: Finablr, a global platform for Payments and Foreign Exchange solutions, today announced that its network brands UAE Exchange and Unimoni are now on RippleNet.

The brands will use the blockchain-based platform provided by Ripple for real-time, seamless cross-border transactions to Thailand, with plans in place to extend it to other countries. With this, UAE Exchange and Unimoni become the first in their category in the Middle East to have adopted blockchain technology to process transactions.

This service has been launched first with Siam Commercial Bank, one of the largest banks in Thailand, enabling UAE Exchange and Unimoni customers around the world to transfer mone…
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