hooks
Another potential use case for APIs and hooks in financial services is in wholesale banking.
By using an API to connect a wholesale payment system to a blockchain network, financial institutions can facilitate faster and more secure transactions, and also monitor their own blockchain address using our hook APIs and receive a notification when a wholesale payment has been made to their address. These notifications can then be used to trigger further payments.
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See also: xrpl-hooks.readme.io.
See also: XRP Ledger.