Author

Topic: Bank of America and Ripple in Talks over Collaboration - CoinNess.com (Read 127 times)

copper member
Activity: 224
Merit: 0
Xrp is working their way out to make interbank and intercountry transfer more reliable and fast with easy convert at instance to any fiat through banks and their are making their way up in the cryptocurrency space with the great work.
member
Activity: 385
Merit: 10
This may be a hype, I hate XRP coins, which are traitors of cryptocurrencies. It can only be called a digital currency, not a cryptocurrency. This is a concentrated coin, but banks want to use it to change the cryptocurrency market.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Banks/financial institutions see the blockchain as a secure and excellent immutable transaction ledger. Crypto currency is just one of the many applications.

Also, they will not give the power that they have to the masses - allowing people to transact p2p and bypassing them in the process.

It's all about control.
The bankers never interesting with crypto. the blockchain gives a lot of advantages to the economic system which eliminated the 3rd party. They will only use blockchain to cut the maintenance cost and no more. But remember the bankers are not stupid person. They know what they will be doing with it.
full member
Activity: 665
Merit: 107
Banks/financial institutions see the blockchain as a secure and excellent immutable transaction ledger. Crypto currency is just one of the many applications.

Also, they will not give the power that they have to the masses - allowing people to transact p2p and bypassing them in the process.

It's all about control.
newbie
Activity: 11
Merit: 0

Reported by bittpress, Bank of America (BoA) may be collaborating with Ripple (XRP) soon.
Jump to: