What do you think can Ripple fully change bank system? And we will pay online not in fiat but in XRP? How would you rate such scenario? And it will be not important $3 or no
The banks are testing Ripple and if they do not jump on board with Ripple the coin might be worthless!
Also, Ripple could be defined as a security not a crypto by US Government: This worries me! That is why exchanges will not list it!
I like Ripple but it worries me!
Banks do not test xrp some have a working agreement with Ripple Inc.
Banks create there own blockchains with protects Jasper, Ubin, LionRock and scheduled for release somteime 2018
Banks to not like to have public transactions
Banks need stable price to work with yo-yoing is unworkable
For anyone who cares, projects:
Jasper, Ubin, LionRock.
A wholesale payments solution on blockchain
•2018 is the year of production for blockchains
•Systemic value of blockchains can only be realised with cash “on-ledger”
•Cryptocurrencies and private sector e-cash initiatives have first mover advantage, but reduce transparency for Central Banks.
•R3 has a suitable solution for Central Banks to facilitate wholesale payments between known participants and advantage of blockchain
•R3 has a proven track record with groups of Banks and Central Banks
•Supported by: Bank of America, Merrill Lynch, CITI, Credit Suisse, DBS, HSBC, J,P,Morgan, MUFG, OCBC, Standard Chartered, UOB, SGX
•Led by the Monetary Authority of Singapore (MAS)
•No broadcast, need to know, uses point to point communication
•Confidential Identities, shared on a need to know basis
R3 (the guys fighting in court with ripple over the sale of 5 billion xrp at $0.0085) with, Monetary Authority of Singapore, Hong Kong Monetary Authority, Bank of Canada, Bank of America, Merrill Lynch, CITI, Credit Suisse, DBS, HSBC, J,P,Morgan, MUFG, OCBC, Standard Chartered, UOB, SGX
fasten seat belts guys and gals for the xrp crash
check sig for voting
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