Banks’ “Blockchain-Based” Payment Systems Are Not Really Blockchain, Ripple’s Schwartz Says

2018-6-14 12:12

Banks that use Ripple’s xCurrent technology for cross-border payments are not actually dealing with distributed ledger technology, according to a Ripple representative.

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ripple banks technology actually payments cross-border dealing

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More Banks Join Ripple to Enjoy Zero Fee Service Based on Ripple Network

The number of banks joining the Ripple network keeps increasing by the day, continuous awareness pulls more financial institutions to sign on to Ripple platform as it widens its coverage.   According to reports, other banks and payment processing platforms who have realized the values of Ripple decentralized financial tools and how much cost could […] The post More Banks Join Ripple to Enjoy Zero Fee Service Based on Ripple Network appeared first on ZyCrypto.

2019-1-8 00:30


Ripple: Blockchain is About Growth Not Cost Savings

A Ripple Executive has downplayed the cost-savings of blockchain technology over traditional banking arguing that growth is a stronger message for attracting business clients, including banks. Blockchain: Next Evolution of the Internet Danny Aranda, Managing Director of Strategic Growth at Ripple, discussed how the firm attracts banks to their payment solutions and how they work.

2018-6-14 10:00


Ripper: Banks can not apply to Blockchain for future cross-border loans in the future

Ripple chief cryptographer David Schwartz claims that banks are unlikely to deploy blockchain to process international payments, citing low scalability and privacy problems, Reuters reports June 13. In an interview with Reuters, Schwartz argued that despite the fact that banks acknowledge blockchain technology’s potential in reducing transaction times and costs, the technology is still not

2018-6-14 09:20