SBI and Tobu Top Tours Tokenize Japan Prepaid Payments on XRP Ledger
The companies are issuing tokens on XRP Ledger (public blockchain for asset transfers) for Japan’s prepaid payments market, which the source says is worth 30 trillion yen.
XRP
Summary
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Terms & Concepts
XRP Ledger: A public blockchain designed for transferring and settling digital assets.
Tokenization: The process of representing real-world value or rights as blockchain-based digital tokens.
Prepaid payments: Payment value loaded in advance for later spending, often used in cards, vouchers, or travel services.