Author

Topic: Ripple Cheat Sheet - Partners, Banks and Important Connections (Read 2597 times)

sr. member
Activity: 1099
Merit: 267
The progress that was made until now... tremendously.
I hope youve bought,  like others, millions of xrp Wink and sold at ath Smiley Smiley Smiley Smiley and bought back and had profit left. Smiley Smiley Smiley
full member
Activity: 164
Merit: 100
How am I any more spammy than you hyping BTC in "Altcoin Discussion"?  I talk about bitcoin on this forum as well.

"We will engage in distribution strategies that we expect will result in a stable or strengthening XRP exchange rate against other currencies."

I guess we will see how the financial industry reacts to a few Chinese mining companies controlling btc. Do you think they will trust btc to properly respond to problems and issues in a timely manner?  Maybe a little control isn't a bad thing when it comes to the financial industry.



legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
agree spammy now ... info is fine ... but if your looking to get some luv for XRP ... then you're in the wrong place

PREMINE __ done __ over

as volume picks up then XRP 'gatekeepers' will flood/float out more and more of their premine.
there is absolutely no value proposition for an XRP 'investor'.
the bankers are not invested in this, it is just a wire service with legal articles attached that allows them to work with it.
XRP as a company just needs to maintain a capital range
but the asset price per unit will go down down down

XRP as a company will pay for staff by 'working the spread'
but there is no reason to pump more into the balloon than there already is
in fact they likely want as little hot air as possible to game the liquidity

and this is all short term
once the banking sector wets it's feet in digital
then it is who ever has the highest/deepest  volume (**cough** BTC)
legendary
Activity: 1260
Merit: 1000
You can spam as much marketing jibberish as you want, but nobody cares about Ripple because it's not a decentralized currency and doesn't belong on this forum.  It's the equivalent of spamming ads for Paypal.
full member
Activity: 164
Merit: 100
Then call me a dumb idiot Grin  
If I saw this list for the first time I would probably be thinking, holy shit too.... and possibly start yelling premined, whale, controlled, dumb, idiot, scam. Don't be so uptight.  Ripple has a specific plan that isn't going to kill your digital gold.

"XRP’s Role on Ripple as a Bridge Currency

Ripple enables banks to settle cross-border payments in real-time, with end-to-end transparency, and at lower costs. Banks choose to either provide liquidity for FX themselves or sourced from third-party market makers.

As Ripple adoption grows, so do the number of currencies and counterparties. Liquidity providers need to maintain accounts with each counterparty for each currency – a capital- and time-intensive endeavor that spreads liquidity thin. Further, some transactions, such as exotic currency trades, will require multiple trading parties, who each layer costs to the transaction. Thin liquidity and many intermediary trading parties make competitive pricing challenging.

Market makers can bridge any currencies directly through XRP in a trade. Similar to USD in today’s currency market, XRP allows market makers to concentrate their liquidity around fewer pairs, creating order book thickness and competitive FX rates, especially for exotic currency pairs. Unlike USD, trading through XRP does not require bank accounts, service fees, counterparty risk, or additional operational costs. By using XRP, liquidity providers can specialize in certain currency corridors, reduce operational costs, and ultimately, offer more competitive FX pricing."


"Why Ripple Distributes XRP

The creators of Ripple set out to build a more efficient distributed payment network.

Bitcoin and alt-coin systems use mining to confirm transactions and create coins. Mining consumes large amounts of electrical energy, as miners compete with each other to generate coins.

Ripple’s method of confirmation, called consensus, doesn’t need mining; therefore, it requires comparatively negligible computing power, confirmation time adapts to network latency, and transactions are immediately irreversible once confirmed.

Because Ripple’s architecture does not require mining, the creators of Ripple had a choice: distribute XRP exclusively via mining or diversify the distribution methods.

Distributing value is a powerful way to incentivize certain behaviors. Bitcoin’s mechanism, for example, led to an explosion of processing power devoted to bitcoin mining. Our goal in distributing XRP is to incentivize actions that build trust, utility and liquidity in the network.

If we distribute XRP with these goals in mind, over time we expect to see an increase in demand for XRP that more than offsets the additional supply we inject into the market. Said another way, we will engage in distribution strategies that we expect will result in a stable or strengthening XRP exchange rate against other currencies."

https://ripple.com/xrp-portal/



Coming soon:
Catalyzing Competitive FX Markets:
Ripple’s XRP Incentive for Market Makers
This paper introduces Ripple’s XRP incentive program for market makers who use XRP to offer tighter FX spreads.



So you know, I love Bitcoin but it will not be the only digital token and it won't be more than digital gold. The hype around bitcoin taking over as the world currency is bullshit made by speculators/investors trying to raise the potential market cap. Gold's 7 trillion dollar market cap should be good enough for bitcoin investors to take interest.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
i'm guessing these bankers do NOT hold ripple
they just use it to ping $, yuan, euros, jpy around at a fraction of what it was costing before

and i'm pretty sure they get that it is 90% premined/whale/orginator controlled, so HODL'n is beyond dumb.
legendary
Activity: 1260
Merit: 1000
Premined permissioned ledger scam to extort money from idiots.
hero member
Activity: 728
Merit: 500
But it seems these partnerships with other entities are not doing any good in the price of ripple. I'm still waiting though for the price to rise and be stable. Kudos.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
this is golden
added to the files
thanks
full member
Activity: 164
Merit: 100
RESELLERS/SERVICE PROVIDERS/PARTNERS

Accenture
“We have extensive relationships with the world's leading companies and governments and work with organizations of all sizes—including 89 of the Fortune Global 100 and more than three quarters of the Fortune Global 500.”

CGI Global
“CGI has a long history of shaping and driving innovation in banking and payments, helping to build SWIFT, CHAPS and other payment systems.”

Crypto Facilities
As a leader in digital asset derivatives, Crypto Facilities will create a marketplace for XRP derivatives.

D+H
“A leading provider of technology solutions to financial institutions globally, today announced that it has partnered with Ripple to deliver innovative payment capabilities by integrating Global PAYplus, its global payment services hub, with Ripple's distributed ledger technology, creating a foundation for further disruptive payments innovation.”

Earthport
“Among the FinTech50, Earthport is a regulated Financial Institution under the auspices of the UK’s Financial Conduct Authority, transforming the future of cross-border payments.”

Expertus
Clients include - Bank of Montreal, Pavilion Global Markets, Central 1, CIBC, Canada Pension Plan, Desjardins, General Electric, Hedgeserv, ICD, Laurentian Bank of Canada, Mizuho Bank, National Bank of Canada, PSP Investment, Royal Bank of Canada, Scotia Bank, Software AG, United Nations, Viacom, Dupont, First National Bank, International Air Transport Association, Investors Group, Sony, Canadian Payment Association, Manulife Bank, Western Union, Virgin Atlantic, Firma Foreign Exchange, Silicon Valley Bank, Care

IntellectEU
“10+ years of hands-on financial integration experience. International presence (USA, Belgium, Portugal, Ukraine). Servicing Financial Institutions, Corporations, and Vendors SWIFT and Ripple integration experience and partnership.”

SBI Holdings
“Ripple, global provider of financial settlement solutions, and SBI Holdings, Inc., global financial services company, today announced the creation of SBI Ripple Asia. The new company will build an engineering and sales force across Japan, China, Taiwan, Korea, and ASEAN countries to sell and install Ripple’s enterprise solutions for cross-border payments at banks across the region.”

Tas Group
“TAS Group delivers software solutions for electronic money, payment systems, capital markets and ERP.”

Volante
“Volante Technologies, a software company specialized in the integration and processing of financial messages, data and payments within institutions and corporate enterprises.”

Yantra
“Yantra Financial Technologies specializes in designing, developing and managing banking & electronic payment systems.”



BANKS

ANZ
“The fourth largest bank by market capitalisation in Australia.”

CBW Bank
“The innovative Weir, Kansas bank (it was the original institution behind BankSimple and Moven, and partners with cryptocurrency firm Ripple Labs on cross-border payments) will formally launch a new payment tool called the ONE Card this quarter. (Published Feb. 25, 2015)“
“It offers something most banks can't, and which the Federal Reserve has begun nudging the industry to build: real-time payments.
To create this capability, $12 million-asset CBW has signed agreements with all the major U.S. debit networks for the ability to use their rails to instantly credit bank accounts."

Commonwealth Bank of Australia
The number 1 bank in Australia $129.89 billion market capitalization. “The Commonwealth Bank of Australia is an Australian multinational bank with businesses across New Zealand, Fiji, Asia, USA and the United Kingdom.”

Cross River Bank
“One of the first U.S.-based banks that will use the Ripple protocol to offer its business and personal banking customers real-time international payments between the U.S. and Western Europe.”

DBS Bank
“DBS Bank is the largest bank in South East Asia by assets and among the larger banks in Asia.”

Fidor Bank
Fidor Bank is a German online bank.

Rabobank
“Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands.”

Royal Bank of Canada
“Royal Bank of Canada, is the largest bank in Canada. The bank serves over 16 million clients and has 78,000 employees worldwide.”

Royal Bank of Scotland
“The Royal Bank of Scotland has around 700 branches, mainly in Scotland though there are branches in many larger towns and cities throughout England and Wales.”

Saldo.mx
“Cross currency wallet for underserved migrant communities built on Ripple.”

Santander Bank
“Santander is the largest bank in the euro zone by market capitalization and among the top 12 banks on a global basis.”

Shanghai Huarui
“Registered in Shanghai (Pilot) Free Trade Zone with a capital of 3 billion yuan ($484 million), will mainly serve small and micro enterprises that have difficulty getting loans from large State-owned banks.”

Standard Chartered Bank
“Standard Chartered PLC is a British multinational banking and financial services company headquartered in London. It operates a network of more than 1,200 branches and outlets across more than 70 countries and employs around 87,000 people.”

TD Bank Canada
“TD Canada Trust is the personal, small business and commercial banking operation of the Toronto-Dominion Bank in Canada.”

Western Union
“The Western Union Company is an American financial services and communications company.”

Westpac
“An Australian bank and financial-services provider headquartered in Westpac Place, Sydney. It is one of Australia's "big four" banks.”



IMPORTANT CONNECTIONS

Microsoft
“Develops, manufactures, licenses, supports and sells computer software, consumer electronics and personal computers and services.”

MIT
MIT Media Lab creates disruptive technologies that happen at the edges.

GV (Google Ventures)
“GV, formerly Google Ventures, is the venture capital investment arm of Alphabet Inc.”

W3
“The World Wide Web Consortium is the main international standards organization for the World Wide Web.”

Andreessen Horowitz
“Andreessen Horowitz is a $4 billion venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz.”

CME Group
“CME Group is the world's leading and most diverse derivatives marketplace.”

IDG Capital Partners
“Founded in 1993, IDG Capital Partners was one of the first foreign venture capital firms to enter the Chinese market and focus exclusively on Chinese companies.”

Seagate
“Seagate is the global leader in data storage solutions, developing amazing products that enable people and businesses around the world to create, share and preserve their most critical memories and business data.”

Santander InnoVentures
“We aim to support the digital revolution to make sure Santander customers around the world benefit from the latest know-how and innovations across the Banking Group’s geographies.”

Susan Anthey (Advisor/Board of Directors)
“She advises governments and businesses on the design of auction-based marketplaces, notably since 2007 serving as a long-term consultant to Microsoft Corporation in a variety of roles, including chief economist.”

Michael Barr (Advisor)
“He served from 2009-2010 as the U.S. Department of the Treasury’s Assistant Secretary for Financial Institutions, and was a key architect of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.”

Donald Donahue (Advisor)
“Previously, Donahue served as the COO and then the CEO of The Depository Trust & Clearing Corporation, the principal post-trade infrastructure organization supporting U.S. securities and derivatives markets, which processes transactions worth more than $1.6 quadrillion annually.”

Karen Gifford (Advisor)
“Her work at the New York Fed included the successful defense of a claim by the Central Bank of Iran arising out of the hostage crisis for over $1 billion, and co-heading an investigation into misconduct in the sales and trading of complex leveraged derivatives at Bankers Trust.”

Karl-Theodor zu Guttenberg (Advisor)
“As youngest Defense Minister in German history, he led the most significant structural reform of the German armed forces since the Bundeswehr’s founding. During his time in office he was Germany’s most popular politician.”

Greg Kidd (Advisor)
“Prior to Promontory, he was a senior analyst at the Board of Governors of the Federal Reserve. Greg also is a co-founder of a startup fund with early round investments in Twitter, Square, Coinbase, Coin, Shift, Stockpile, Ledger X, Kabbage, 3taps, and numerous other marketplaces, messaging, and payments companies.”

Anja Manuel (Advisor)
“Anja Manuel is a Co-Founder and Partner along with former Secretary of State Condoleezza Rice, former National Security Advisor Stephen Hadley, and former Secretary of Defense Robert Gates in RiceHadleyGates LLC, a strategic consulting firm that assists senior executives at major U.S. companies in key emerging markets such as China, India and the Middle East.”

Matthew Mellon (Advisor)
“He founded Mellon Drexel, a digital telecommunications company working to issue three billion mobile wallets worldwide, is a strong advocate of digital currencies, and serves as Chairman of the Chamber of Digital Commerce.”

Mariano Belinky (Board of Directors)
“Mariano Belinky is Managing Partner at Santander InnoVentures – a FinTech venture capital fund fully-owned by Grupo Santander, investing both capital and resources in companies globally.”

Doug Chertok (Board of Directors)
“Doug has founded, advised and invested in early-stage companies for over twenty years. He also founded Vast Ventures, a seed fund investing in technology and consumer products with an IRR exceeding 90% over ten years.”

Young Guo (Board of Directors)
“Prior to joining IDG Capital, Young was a member of the Soros Fund Management in New York from 1996 to 1999, where he was involved in managing a $3 billion private equity fund.”

Chris Larsen (Board of Directors)
“Chris Larsen is CEO and co-founder of Ripple and Chairman of the Board of Directors. Prior to Ripple, Chris cofounded and served as CEO of Prosper, a peer-to-peer lending marketplace, and E-LOAN, a publicly traded online lender.”

David Schwartz (Board of Directors)
“In July of 2013, David Schwartz was elected to the Board of Directors of Ripple by the stockholders. He is currently the Chief Cryptographer at Ripple and one of the original architects of the Ripple protocol. He began work on Ripple in late 2011, investigating the use of distributed agreement protocols to solve the double spend problem in cryptographic payment systems.
Prior to joining Ripple, David Schwartz was Chief Technical Officer for WebMaster Incorporated, a Santa Clara software developer. He developed encrypted cloud storage and enterprise messaging systems for organizations like CNN and the National Security Agency (NSA). Known as “JoelKatz,” he is a respected voice in the digital currency community.”

Gene Sperling (Board of Directors)
“Gene Sperling served as National Economic Council Director and National Economic Advisor under President Clinton from 1997 to 2001 and then under President Obama from 2011 to 2014.”



OFFICE LOCATIONS

San Francisco, California
London, England
Sydney, Australia
Jump to: