many banks could most likely develop their own internal blockchain tech.
goldman sachs has ownership in this patent:
https://www.google.com/patents/US20160260169
western union is also developing their own blockchain technology.
ripple however has a patent regarding consensus ledgers / payment processing:
https://www.google.com/patents/EP3054405A1
unsure how much ground ripple's patent covers. if it only involves a specific type of process, other banks could develop something different enough to get their own patent. knowing exactly what ripple's patent involves would provide a clearer idea of just how valuable they really are.
I get you. But things like this are shared for months:
"Forty Seven Japanese Banks Move Towards Commercial Phase Using Ripple"
"Bank of England" "Santander and Reisebank"
"National Bank of Abu Dhabi: First Middle East Bank to Use Ripple for Cross-Border Payments"
According to them, so many banks in but none of them made a move to actually purchase the currency they will be exchanging. All we see is a pump after the hype and consquent dump afterwards.
Look buddy! They pumped LTC... a useless copycat! Now look here, a coin with future! So this is