Ripple may hijack the lights from Bitcoin, in Saudi Arabia and in the world

in #ripple7 years ago

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Ripple is expected to be a strong contender for Bitcoin and is expected to be out at spotlight in 2018, after rising strongly and quietly in 2017, as fears and uncertainties have prompted many investors to Bitcoin Which rose rocket-propelled some to expect to have peaked.Ripple was the second-largest gainers in 2017, after gaining more than 53% in just 24 hours on December 28th and December 29th.
Thus Rippl worked well during 2017 and formed a community in which it was able to infiltrate into both international and local banks.

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For instance Al Rajhi Bank completed the implementation of a new external financial transfer process using Blockchain technology by using Ripple, the latest banking technology in the remittance sector as the first bank in Saudi Arabia to carry out this successful operation using this technology. Headquartered in Riyadh and one of its branches in Jordan.

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"This is a banking event that emphasizes the technological integration of Al Rajhi Bank, which enriches the customer experience with bank transfers and is one of the fruits of the ongoing efforts to transform the customer experience into a digital experience," said Walid Al-Muqbel, Chief Operating Officer of the bank.

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🌹 great news.
Thanks for sharing

Bitcoin had been around quite a while now, even though ripple had lots of backer, it won't be easy for it to replace Bitcoin on the top. It won't be impossible though considering its growth rate. Thank you for the informative post.

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