All the money between banks. Ripple does nothing? lolololololol. Swift is a Model T. Ripple and the XRP ledger is a Lamborghini.
why do you think the corrupt SEC is fighting tooth and nail to stop some little worthless crypto? Because they are stalling so the banks and Swift can figure out a way to implement their own technology and play catch up to Ripple’s technology. On the XRP ledger you can move money in seconds for pennies. Ever move Bitcoin? It takes hours to get three confirmations and it costs a fortune in fees.
Dude, swift is the industry standard.
“Interbank Financial Telecommunications (SWIFT) is the global standard for payment and ... SWIFT continues to retain its dominant position in the market”
swift is 100% using link. Swift is going to use link for swiftbonds as well. They did a pilot years and years ago.
At last week’s Smarter Securities hosted by Swift, the world’s leading provider of secure financial messaging services, Chainlink Co-founder Sergey Nazarov sat down with Swift’s Director of Capital Markets Strategy, Matthieu de Heering, for a one-on-one conversation about the post-trade...
chainlinktoday.com
nobody uses ripple, nobody is going to use ripple. The sec is fighting ripple because the ceo is a scammer. He was using xrp tokens for his own pocket money and he and ripple labs manipuled the market and caused the massive pump
blockchain as a currency is not what the benefit of blockchain enables. No smart person or entity is going to transfer a deflationary asset unless they are washing money. banks are not going to send xrp. Financial instruments are not going to settle in xrp
banks are going to settle contracts in usd, euro, yen, whatever the contract is specified for. These contracts are going to be settled via LINKS oracle network. Link is also going to verify proof of reserve.
The contract….or transfer is called to action/settlement….swift, or idsa, or insurance products are going to “call” to link oracles to get the data feed, verify the data, and verify the funds are actually there. These chainlink nodes can only be payed in link.
smart contracts are going to literally change the world. Everything is going to be automated, verified, secure, and secret if needed… on the blockchain.
sending an exhange 100 bucks is not the end game. Xrp will follow other basic currency coins in price action. It will never ever “moon” again.