You are viewing a single comment's thread from:

RE: A Ripple In China | XRP

in #cryptocurrency7 years ago (edited)

According to Forbes China's economy will overtake the U.S. in 2018 so it is a smart move from Ripple. They are partnering with 75 banks in Europe, North America, the Middle East and Asia. In July 2016, Canada’s ATB Financial sent C$1,000 to Germany’s ReiseBank over a platform developed by Ripple, which they claimed was the first real-money international transfer using blockchain technology. It took only 20 seconds to complete, compared to the several days most international bank transfers take to clear. The Bank of England is now in this game as well: its FinTech Accelerator is trialling Ripple’s technology to make cross-border payments and currency transactions more immediate. According to Treacher, this collaboration marks the first instance of a central bank exploring blockchain technology. And there are also ­several trials aimed at increasing the speed and transparency with which property purchases are recorded officially recognised.I am investing as well a lot now in Chinese Cryptos like NEO or Yoyow I think they will do very well in the future because of the fast growing e-commerce sector there strong economy and there are a lot people who will support there Chinese tokens.

Coin Marketplace

STEEM 0.17
TRX 0.13
JST 0.027
BTC 58430.35
ETH 2623.36
USDT 1.00
SBD 2.42