Now this is a story that I want to hear an update from. Saudi Arabia has millions of migrant workers who remit money to different countries. If Ripple is successful in this regard, it's a game changer. ETHA Remittance Solutions has their work cut out for them, lol.
BTW, the article you're reading is more than half a year old!
It doesn't matter. These developments are moving parts of one large whole. You see, Global remittances is big, it's projected to be around $6.5 trillion by 2030 because we are becoming more and more interconnected. Every local event or incident around the world will soon be distrupting our daily lives.
ETHA Solutions understand this and they are fixing the technological gap between traditional finance and the blockchain future.
What about JPMORGAN COIN? Even though it's a bank, yet they're making their own cryptocurrency instead of going for Ripple. Maybe all banks will do that in future by creating their own blockchain, instead of using Ripple!
Long ago there was Netware with NCP IPX and SPX and also NetBIOS/NetBEUI. There was also AppleTalk, Rendezvous/Bonjour, UUCP, BITNET and kermit. Now? We mostly use the TCP/IP protocol. Back then no one knows for certain which will be the dominant protocol for the Internet. But everybody is welcome to throw their lot. ETHA Remittance solution is also throwing their lot with remittance solution.
