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RE: Ripple Cryptocurrency Aims to Make Global Assets Liquid 💰💰💰
Thanks for the write up. And indeed, the Ripple's "currency future" is a confusing topic. IIRC XRP is implemented - as a platform - by Japanese banks. I think they even build their own cryptocurrency for inside transfers on top of Ripple tech. So why not to use XRP directly? And more importantly... where XRP should be actually used by common folk? Or is that what XLM is for? (Not that I have anything agains XRP. Just trying to understand it.)
Thanks for you valueable inputs @mrakodrap. Yes, right now things are confusing and we are not certain where XRP will be used by common people. For that we have to wait and watch.
I am not aware about what Japan has done regarding XRP so I won't be able to comment about that. Though, thanks for your heads-up, I will research further about that.
Here are some articles about Ripple tech @ Japanese banks:
https://ripple.com/insights/forty-seven-japanese-banks-move-towards-commercial-phase-using-ripple/
https://www.cryptocoinsnews.com/japan-banks-blockchain-digital-currencies/
So for now, the Pilot program is using Ripple, however on second url they state:
Yes, your first comment makes perfect sense as per the links shared by you. If they are adapting Ripple then they should not be making another currency. But we are small players, we can't understand their big plans may be ☺️