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Ripple The Future Of Cryptos - Investment - Nairaland

Nairaland ForumNairaland GeneralInvestmentRipple The Future Of Cryptos (841 Views)

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Ripple The Future Of Cryptos by redeyes2016(op): 9:17am On Dec 24, 2017
Another cryptocurrency that's been very
impressive of late is Ripple. Its token, the
XRP, has galloped higher by more than
12,000% since the year began.
As with Ethereum, the buzz here is all about
the company's blockchain technology. But
unlike Ethereum, which is partnering with a
number of industries, Ripple is focused on
becoming the go-to blockchain for the
financial-services industry. The company's
blockchain offers the ability to rapidly proof
payments and transactions, which could
drastically improve the time it takes for
settlement. In particular, Ripple's blockchain
may offer the potential for instantaneous
cross-border payments and transactions .
In June 2016, Ripple announced that four
major banks were testing out its distributed
ledger technology in some small capacity:
Canadian Imperial Bank of Commerce , UBS ,
Banco Santander (NYSE:SAN ), and Unicredit .
But it wasn't until Nov. 2017 that Ripple really
put itself on the radar. American Express
(NYSE:AXP ) and Banco Santander announced
that they were partnering to test Ripple's
blockchain in non-card cross-border payments
across AmEx's FX International Payment
network to U.K. Santander accounts. These
payments are expected to process instantly.
What's more, it looks like the XRP is going to
play a vital role in the growth of Ripple's
blockchain. In particular, it could be used as
an intermediary in cross-border transactions
that allows for one currency, say Japanese
yen, to be exchanged to another currency, like
the euro, instantly. Ripple is certainly worth
keeping a close eye on, and it looks to be far
more intriguing than bitcoin. Currently it exchanges at the rate of 1rip=1.14 use, can teach you how to earn ripple if you are interested.
Re: Ripple The Future Of Cryptos by opeyemix: 10:46am On Dec 24, 2017
How can i contact you?
Re: Ripple The Future Of Cryptos by hemanewton: 12:31pm On Dec 24, 2017
I am interested sir,...this is my email address chukwuemmanuel@gmail.com. Thanks
Re: Ripple The Future Of Cryptos by redeyes2016(op): 2:20pm On Dec 24, 2017
opeyemix:
How can i contact you?
(zero-9-03-two-3606-12)
Re: Ripple The Future Of Cryptos by carolgold(f): 3:37pm On Dec 24, 2017
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