SBI Holdings Chairman Says Ripple (XRP) Is Next Global Standard Of Money

in mgsc •  last year 

As we are heading to the end of 2018, so many good news which are coming day by day. This time the great news is for XRP holders. CEO of SBI Group and chairman of SBI Holding, Yoshitaka Kitao at a major Blockchain Conference in Japan, said that XRP will soon become the global standard of cryptocurrency and money. He believes that blockchain technology will maintain its rapid growth trend.

Is Next Global Standard Of Money.jpg

Yoshitaka Kitao explained that why he thinks XRP has great future. He thinks that it because of effectiveness and proficiency of Ripple tool, financial transactions are done seamlessly. At the same time he also mentioned the fact that XRP can reslove the cross border transaction problem.

Kitao noted that XRP is the only tool with “battle-tested” solution that can help augment banking transactions and operations. As so many big country's big banks are already patterned with ripple now its the time for asia specially india to come on board.

So now the main question is as we all know that XRP is not a fully decentralized coin so for that reason do you think that investor will invest their money for long time. I know XRP has a great future but i believe that's the big disadvantage of XRP.

Do you think this kind of news will boost up the XRP coin. What's your thoughts on this? Share your opinion by commenting on this post.


Dhanjyoti Kalita

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Thanks bro. I will definitely bring more content like this

Yes. XRP has a great future

Woww, great news. Even I heard this. I hope ripple will come strong again

Yes bro i believe the same

SBI Holdings is the main monetary administration organization in Japan. Their backup, SBI Securities, is Japan's biggest online securities organization with in excess of 4 million investment funds. SBI Virtual Currencies propelled in beta on January 30. The trade is intended to give a regarded and solid trade for the two its institutional clients and individual advanced resource purchasers in Japan.