**80% of Japanese Banks Have Partnered with Ripple, Study Reveals**

**80% of Japanese Banks Have Partnered with Ripple, Study Reveals**

80% of Japanese Banks Partnered with Ripple A recent study by Dr. Hossein Hassani, PhD, from Webster University in Austria, has found that "80% (60 Banks) of the Japanese banking system have reportedly partnered with Ripple (XRP)." This number is a significant increase from the previous year, when only 20% of Japanese banks were reported to be using Ripple's technology. Dr. Hassani's study also found that Japanese banks have been highly proactive in adopting blockchain technology. "This study demonstrates the increasing importance of blockchain in the Japanese traditional banking system," he writes. "Notably, the adoption of Ripple's blockchain solutions by these Japanese banks, which are generally conservative in adopting new technologies, is remarkable." The adoption of Ripple's technology by Japanese banks is a testament to the growing appeal of blockchain technology in the financial sector. Ripple's blockchain solutions provide banks with a faster, more secure, and more efficient way to process payments. This can help banks save money, improve customer service, and reduce risk. The study's findings are also significant because they suggest that Japanese banks are leading the way in the adoption of blockchain technology. This could help Japan become a global leader in the development and use of blockchain technology.