Ripple partners with National Bank of Georgia to digitize economy

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Ripple partners with National Bank of Georgia to digitize economy
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Ripple doubles down on CBDC collaboration with the Republic of Georgia, introducing its partner EPAM Systems to National Bank of Georgia officials.

Ripple continues to deepen its CBDC collaboration with the Republic of Georgia by exploring ways to digitize the local economy.

Natia Turnava, the acting governor of the National Bank of Georgia, and Varlam Ebanoidze, head of the bank’s Financial and Supervisory Technology Development Department, have met with Ripple executive James Wallis to enhance cooperation in financial technology and digitalization. Ripple’s James Wallis next to EPAM’s Alistair Brown with NBG’s Varlam Ebanoidze and Natia Turnava . Source: NBG

EPAM, headquartered in Newtown, Pennsylvania, specializes in software engineering services, digital platform engineering and digital product design. The name “EPAM” is an acronym for “Effective Programming for America.”According to the official statement from the NBG, the discussion focused on exploring potential avenues for collaboration in digitalizing the Georgian economy.

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