This is why XRP Adoption will Surge this Year!
Ripple partnerships using xCurrent will adopt xRapid (XRP) in 2018.
xCurrent is a platform which also enables the utilization of xRapid (XRP), as I'm sure all you learned readers in the Steemit community already know, but this fact has passed-by many XRP hodlers and commentators, who have dismayed that most of partnership announcements haven't included the XRP token.
Here is an example of this kind of misinformed comment, taken from the Hackernoon website;
Source; https://hackernoon.com/4-alarming-reasons-ripple-might-not-be-what-you-think-9debc3c86985
Any of the financial institutions using xCurrent can draw upon the benefits of xRapid, namely its superior speed, scalability, low costs and increased liquidity and in all likelihood they will, as this would be a natural progression for them and we will also see many partnerships going forward that will use xRapid by itself, which won't require the xCurrent platform at all.
xRapid has a key advantage over xCurrent, as the results from Ripple's first pilot xRapid test demonstrate;
And here is the benefit of xRapid to the financial institutions currently using Ripple's xCurrent platform;
Source; https://ripple.com/insights/first-pilot-results-for-xrapid/
This also represents a massive saving, compared to Swift's dial-up method of money transfers, which is slower than getting on a plane and physically taking the money to the required destination. Come on, it's 2018!
That's not forgetting the liquidity benefit of progressing to xRapid to those financial institutions partnering with Ripple on xCurrent;
Source; https://ripple.com/solutions/source-liquidity/
Here is a shortened List of Ripple's xCurrent and xRapid partnerships to wet your lips;
Using xCurrent; Standard Chartered, Merrill Lynch, NAB (National Bank of Australia), National bank of Abu Dhabi, Mercury FX, Coinone, Bank Dhofar, SBI Virtual Currencies, Santander Bank, Cambridge Global Payments, SBI Holdings, BBVA, Siam Commercial Bank, InstaRem, IndusLnd Bank, Itau Unibanco, UAE Exchange, Lian Pay International, Credit Agricole, IDT, Deloitte....
Testing xCurrent; The Bank of England, Barclays Bank, American Express, Moneygram, Western Union, The Royal Bank of Scotland, Mitsubishi, ReiseBank, UBS, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Credit Suisse, JP Morgan, HSBC...
Testing xRapid; Barclays Bank, Santander, Moneygram, National Bank of Australia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, MercuryFX...
Source; http://rppl.info/
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Regardless of how much i feel about XRP, I cannot ignore that Ripple is doing good things. XRP will go up in value due to what ripple is doing.
Thank you and well said. XRP is the one that excites me the most.
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