No reputable bank would touch this Ripple crap.
Topic: Ripple Adds 10 New Financial Firms to 'Blockchain Network' - page 3. (Read 2975 times)
I said it a thousand times here.. banks don't need Ripple ICO scam coins.. or other Ripple bullshit
No reputable bank would touch this Ripple crap.
No reputable bank would touch this Ripple crap.
Definitely gonna wait until some Ripple employees comment. There doesn't yet seem to be any concrete information on whether and, if so, how banks are gonna use Ripple. From my perspective, any investment in them currently is pure speculation, although it will pay off hugely if banks do indeed manage to make use of Ripple in a meaningful way.
I want to ask what arrangement do the financial firms have with Ripple? Do they buy and hold XRP to have it as a stake on the network or do they run Ripple nodes to verify transactions? I keep reading all the news about every bank joining Ripple but there are no clear details. Maybe they are only testing it with no formal arrangement.
They get XRP fro free to build infrastructure. So something to use XRP easier for everyone.
No one knows the answer for this? I have seen 2 Ripple employees post in the forum, I hope they see this thread and give us more information about their arrangement with the banks.
If anyone of you know or have a speculation of what kind of deal they have with the banks let us know. XRP is rising quickly and we need to know the story.
Yes wait and see until there are explaining from ripple employees in this forum, will gives us good informations and answers than we just can make speculation about their business right now, unfortunately on their article they doesn't gives us large informations about the projects, should they gives the explaining about their projects on here, i think it will takes the new investors, comunity from here. If anyone of you know or have a speculation of what kind of deal they have with the banks let us know. XRP is rising quickly and we need to know the story.
I think these banks try to take advantage of blockchain technology using Ripple, they'll get cheaper swift transactions. And while they still get more money from customers their cost is decreased. Compare Ripple fees and swift fees.
Banking system is changing, they need to adopt this new system. First banks which use this blockchain technology will get one step ahead of their opponents.
Banking system is changing, they need to adopt this new system. First banks which use this blockchain technology will get one step ahead of their opponents.
No one knows the answer for this? I have seen 2 Ripple employees post in the forum, I hope they see this thread and give us more information about their arrangement with the banks.
If anyone of you know or have a speculation of what kind of deal they have with the banks let us know. XRP is rising quickly and we need to know the story.
If anyone of you know or have a speculation of what kind of deal they have with the banks let us know. XRP is rising quickly and we need to know the story.
I want to ask what arrangement do the financial firms have with Ripple? Do they buy and hold XRP to have it as a stake on the network or do they run Ripple nodes to verify transactions? I keep reading all the news about every bank joining Ripple but there are no clear details. Maybe they are only testing it with no formal arrangement.
The new partnerships find Ripple showcasing its reach and influence. New members include MUFG (Japan), BBVA (Spain), SEB (Sweden), Akbank, Yes Bank (India), Axis Bank (India), SBI Remit (Japan), Star One Credit Union (US), EZ Forex (US) and Cambridge FX (Canada).
In an interview, Ripple VP of product, Asheesh Birla explained the company is beginning to define its offerings in more collaborative terms. While its product allows for faster cross-border payments, Ripple is also creating a set of standards for banks to follow while using its underlying tech, he said.
Read the full article http://www.coindesk.com/ripple-touts-blockchain-standards-push-10-new-banks-join-network/
The new partnerships find Ripple showcasing its reach and influence. New members include MUFG (Japan), BBVA (Spain), SEB (Sweden), Akbank, Yes Bank (India), Axis Bank (India), SBI Remit (Japan), Star One Credit Union (US), EZ Forex (US) and Cambridge FX (Canada).
In an interview, Ripple VP of product, Asheesh Birla explained the company is beginning to define its offerings in more collaborative terms. While its product allows for faster cross-border payments, Ripple is also creating a set of standards for banks to follow while using its underlying tech, he said.
Read the full article http://www.coindesk.com/ripple-touts-blockchain-standards-push-10-new-banks-join-network/
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