Bank of America is testing Ripple distributed ledger technology

According to CoinDesk, Bank of America has tested Ripple's distributed ledger technology. A Ripple spokesperson said that Bank of America has been part of Ripple's global payment steering group since 2016, and Ripple piloted it. . According to previous news, according to the job description on LinkedIn, as of October 10, Bank of America (BoA) has stopped accepting applications from the “Ripple Treasury Product Manager”. The position leads the Ripple project's product management team, a cross-border payment solution based on distributed ledger technology, targeted at GTS customers. The move shows that Bank of America is paying attention to Ripple in some form with more and more banks. It also applied for patents related to the technology in July.