Bank of America and Ripple in Talks over Collaboration - CoinNess.com

[Jie He]

Reported by bittpress, Bank of America (BoA) may be collaborating with Ripple (XRP) soon.

[cola-jere]

Banks/financial institutions see the blockchain as a secure and excellent immutable transaction ledger. Crypto currency is just one of the many applications.

Also, they will not give the power that they have to the masses - allowing people to transact p2p and bypassing them in the process.

It's all about control.

[asriloni]

Banks/financial institutions see the blockchain as a secure and excellent immutable transaction ledger. Crypto currency is just one of the many applications.

Also, they will not give the power that they have to the masses - allowing people to transact p2p and bypassing them in the process.

It's all about control.

The bankers never interesting with crypto. the blockchain gives a lot of advantages to the economic system which eliminated the 3rd party. They will only use blockchain to cut the maintenance cost and no more. But remember the bankers are not stupid person. They know what they will be doing with it.

[gegewojinnian18]

This may be a hype, I hate XRP coins, which are traitors of cryptocurrencies. It can only be called a digital currency, not a cryptocurrency. This is a concentrated coin, but banks want to use it to change the cryptocurrency market.

[Little_king]

Xrp is working their way out to make interbank and intercountry transfer more reliable and fast with easy convert at instance to any fiat through banks and their are making their way up in the cryptocurrency space with the great work.