Author

Topic: Banks transfer fiat via XRP on Ripple protocol (Read 511 times)

sr. member
Activity: 364
Merit: 250
The 4th industrial revolution!
So? What's the big deal?

Yea I agree with this.  Please evaluate for us your reason why we should like to hear about this story on ft?
newbie
Activity: 14
Merit: 0
So? What's the big deal?
newbie
Activity: 28
Merit: 0
"Instead of transacting via local currency accounts at correspondent banks around the world, the banks convert funds to Ripple's own digital currency, known as XRP, then complete an exchange almost instantly."

http://app.ft.com/cms/s/541414c0-3834-11e6-a780-b48ed7b6126f.html

The link requires subscription to FT, not really useful.
full member
Activity: 140
Merit: 100
"Instead of transacting via local currency accounts at correspondent banks around the world, the banks convert funds to Ripple's own digital currency, known as XRP, then complete an exchange almost instantly."

http://app.ft.com/cms/s/541414c0-3834-11e6-a780-b48ed7b6126f.html
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