Ripple Causes Waves Following Successful xRapid Trial
The Ripple naysayers may be forced to eat their words following a successful trial of the company’s highly touted xRapid technology. After partnering with financial institutions such as Viamericas and Mercury FX, Ripple was able to prove that its XRP coin can facilitate faster and more cost effective cross-border payments in an efficient way. Using the xRapid platform, businesses were able to send money from country to country in less time than conventional methods.
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this said jese lund ibm chef of blockchain on reddit : This means that banks who don't like XRP or XLM or other cryptos (and most do not) will have the opportunity to utilize digital tokens from issuers who they determine to trust. IBM is actively working with commercial banks and central banks around the world to issue these tokens now, and we are making tremendous progress. Stellar will be the place within the IBM Blockchain Platform where these assets live, because they must live on a publicly accessible network to be truly useful and universally transferable, which is further facilitated by the distributed asset exchange and order book that exists within the Stellar network, which means as more assets become available on the Stellar network (whether issued through IBM's token management system or otherwise), entirely new forms of primary and secondary markets will begin to emerge. This is the really exciting set of use cases that we'll tackle next for financial services, but for now, we had to start with cash and FX.
Hi, I asked the following on Reddit but didn't get a good response. Can you tell me specifically, is there any evidence "on the ground" in Japan for promotional material or evidence of a campaign to promote the launch of the SBI virtual currency exchange to the greater public in July? Are there any TV or radio advertisements, email campaigns, posters in ........ banks etc.? If you walk into an SBI bank is the opening of this exchange being promoted (Do SBI have banks)?
Also, can you confirm that you are signed up or not and have received your "postcard"? Thanks.
As of right now, only the SBI FX trade site is being promoted (not VC Trade). I'm sure they have a campaign planned, but nothing on the web, TV, billboards or print yet. When I see it, I'll be sure to show everyone.
Sorry Adiran, I don't know about a postcard.
the HAKA that the ALL BLACKS perform is a traditional way of challenging your opponent before battle, interesting fact, the New Zealand National rugby side the ALL BLACKS are the most winningest team in history, cheers for the valuable info you provide Eri, until next time, hei kona ra (goodbye)
The cost savings amount to around 5% of volume, which may not sound like much but could be a companies entire yearly growth/profit. Let's not forget that the real gem is in unlocking the NOSTRO/VOSTRO capital for investment and crediting the stress tests required by regulators.
Alpha 65 - I have many obligations here. Clients which requires travel, a small business and 4cats! Ha! I have no idea how long I can keep this up. There is a strong support from very kind people, so it keeps me going.
crypto Eri so true but the a tempt was a good one, at least we know which works best for now. I wonder if voice recorders ie note buddy, mixnote or voice recorder can do transactions? Have a great day 🖖🤓✌
Thanks again Eri , I love your posts because not only are they extremely informative , but I always leave with a smile. So thank you so much again , and may the blue bird of happiness always ride on your shoulder. Cheers John
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