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  1. The abridged model is this: 1) Ripple gets banks to use its payment technology. 2) Banks integrate Ripple's payment system into their system. 3) This helps to eliminate all the technical obstacles to banks routing payments through a crypto-currency. (Regulatory, compliance, business rules, integration effort, etcetera.) 4) Banks use the system to clear payments with each other, probably using mostly ILP. (ILP is a protocol that permits atomic, cross-ledger payments. Most importantly, it allows a "connector" to facilitate the payment even if that connector is not trusted by either the sender, the recipient, or the source and destination financial institutions.) 5) Ripple tries to make XRP the premium connector by targeting inefficient corridors. 6) If XRP can efficiently bridge X% of payments between banks that use Ripple, it will. 7) This will increase the demand for XRP as connectors need XRP to buy the destination currency for their trades. 8) If XRP is cheap to trade with other currencies, people who don't know what currency they'll need next may hold XRP. 9) If XRP is cheap to trade with other currencies, people who are willing to buy any currency they can get cheaply may hold XRP. 10) This can lead to a cycle of increasing demand. Ripple may or may not succeed. Ripple's strategy may change. But that's Ripple's plan, in summary. Or, even shorter, build a massive, level playing field in which assets can compete to bridge payments, then try to make XRP a winner on that playing field. This is an ambitious, maybe even crazy, plan. But Ripple has raised tens of millions of dollars, has over a hundred full time employees, and our successes to date speak for themselves. That is, of course, no guarantee of success.
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  3. Norinchukin Bank joined SBI Ripple Asia's consortium. The bank is well known as Japan’s largest hedge fund. http://www.sbigroup.co.jp/news/pr/2017/0403_10631.html Another public sector financial institution "Shoko Chukin Bank" also became a member of the consortium.
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  4. https://ripple.com/insights/q1-2017-xrp-markets-report/
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  5. I have been a trader and investor for the last 20 years. I started very young (the early 20's) and was lucky enough to be around traders and very experienced investors. My luck was not to only to learn from their techniques of trading but to see the emotional ups and downs around their investments. Regardless of one's experience, I have seen how the market can just simply play tricks on your mind. At the end of the day, you will play the market the way you are "wired" and where you stand economically. Whether XRP will go to $1 or $5, I can assure most of you that many will not benefit from it. This is because players will sell before the price rise, become bored, or just be greedy and take profits early. The market has a way to "clean" the markets out of weak players, and the price movement is the perfect mechanism to do it. What you see is what you hope for. The price movement mechanism is such a complex byproduct of news, speculation, liquidity, psychology and many other factors that even a potential rise of prices on any underlying asset will have so many ups and downs that it would take nerves of steel to ride it. Take for example stocks like GOOG, AMZN, and coins like BTC. Look at what they are today, and look at the fluctuations they went through to get here. Be honest, could you hold it through this kind of volatility? Doubt is one of the healthiest attributes human can have, and yet in the marketplace, it will cut your profits short. If you think that XRP will not go through the same fluctuations, I assure you that it will. If Ripple is distant to become a great company, then XRP price will go through many ups and downs. You will be bored, afraid, hopeful, and desperate. It will put you through everything your weak mind should not go through. Am I "immune" because I am writing about this? no. I could make the same mistakes that I am writing about here. This is because I may go through economic and psychological issues that could affect my decisions. I am a karma guy. I try to help everyone in my path. This post is not a criticism of anyone's trading or investing, rather just to create consciousness and awareness that our DNA will play tricks with our minds. We may think it is our shortcomings, but its human DNA and speculation. IQ does not always play a role, but experience surely does. Here is some advice: 1) The BEST cure for most guys is simply to stop following the price. Don't look at it second by second. 2) Accept that this is your RISK capital, and you can lose it. If you can not afford to lose this money, don't trade it. You will make bad decisions. 3) There are original articles, smart writers and then some that are not so intelligent. However, it is not so easy to distinguish between the two. If you are "thirsty" for knowledge and base your decision on articles, you may be susceptible to emotional trading that rarely ends up well. I wish you well and hope you will invest and speculate successfully.
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  6. Guys this role reports to me on the XRP team. All good. Not leaving! It's further proof of Ripple's commitment to XRP. Sent from my Nexus 6 using Tapatalk
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  7. Our strategy with FIs has not been to push them to use XRP or RCL. The strategy has been to offer them a solution that will get better when and if XRP can provide intermediary liquidity. Until fairly recently, mentioning XRP to an FI was a big problem. They were just unwilling to go anywhere near it. This was one of the factors driving the pivot to ILP. Recently, FIs have become more receptive to using a crypto-currency like XRP. Frankly, it's not an easy sell because XRP doesn't have bitcoin's liquidity. But it does have lower transaction cost, higher transaction speed, and greater transaction capacity. I'd love to fill in a lot more details, but unfortunately we really can't publicly discuss strategy. I do agree that based solely on publicly available information, you can't infer that these deals will directly impact XRP price or volume. And I'm not saying that to imply that I have secret information that it will. That's just a fact. And I think that one could imagine a scenario in which Ripple, the company, succeeds wildly and becomes a multibillion dollar company and yet XRP fails to ever go anywhere. However, Ripple holds a lot of XRP, and Ripple benefits significantly if there's price appreciation. The long-term success of XRP could happen some way none of us can predict. But the realistic success case is that Ripple succeeds in the payments space and then successfully promotes XRP as a vehicle currency. I have always believed that that's a long shot. But I also think the progress we made speaks for itself. If nothing else, these deals increase our reach and credibility. Also, if you look at the kind of deals we are making and compare them to the kind of deals other companies in the space are making, you will see a significant, qualitative difference. Most other companies are just doing technology experiments or proof of concepts. We're building coalitions that are working on rules and legal frameworks. We're shipping software that FIs are paying for. (Though, to be honest, we also have a lot of announcements that are largely fluff. I'll admit that.) Imagine if Ripple is shipping software to banks that they're using to verify compliance for and do routing of their international payments, banks are receptive to using crypto-currencies, banks have rules and a legal framework surrounding transactions bridged by crypto-currencies, and we're able to build pools of liquidity to and from XRP. The last piece is, I think, the only really hard one. On an unrelated note, this position is still open, though we do have at least one candidate in the pipeline: https://ripple.com/company/careers/all-jobs/#senior-product-marketing-manager-xrp-markets
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  8. Hey guys, So yeah I'm a little confused why the RMG announcement caused such a fuss. It seems at some point someone in this community connected the dots between CME and Ripple and assumed the RMG project would happen on RCL? I know for a fact Ripple never made the claim, mostly because when I was at the CME I worked on the RMG project a little bit. If I remember correctly, no fully public blockchain was ever considered for that project. As an aside, I have to commend the TRM team for choosing some really great partners to work with. Bitgo in particular was a really great move. Lastly, remember that we are laser focused on cross border payments and often we get pitched ideas and turn them down because they don't fit what we are working on. As for the CME not supporting us, we have a GREAT relationship with them and if something makes sense for us to work on we'll make it happen. That's a big organization with tons going on so I'm sure we'll have ample opportunity to work together. Hope everybody's doing well.
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  9. https://www.americanbanker.com/news/swift-exec-marjan-delatinne-defects-to-ripple The appointment, announced Wednesday, is noteworthy because until recently Delatinne led customer engagement for Swift’s global payments innovation initiative, with which Ripple’s cross-border payment system competes. “GPI could be a solution for a bank that wants to extend its investment in Swift, whereas what Ripple brings to the payment space — and its differentiator —is the fact that it goes beyond just messaging transportation," Delatinne said. "It’s providing the settlements of the transactions. So this creates a uniqueness that could be a solution of the future.” Couldn't put quotes @karlos, just left as italics for now
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  10. https://www.linkedin.com/pulse/international-banking-flocks-ripple-chandan-maddanna?published=t 🠶 In Conclusion 🠴 The above detailed points should make it very clear why institutions are increasingly adopting Ripple platform for settlements. Given the salient features and great maturity of their time-tested production-ready code, I believe this is just a beginning. I am certain that the platform will continue to see increased adoption on both private and public space, implementing myriad of use cases. Future for Fintech is bright, and in particular for Ripple, we shoudl congratulate them on their well deserved success.
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  11. Just wanted to give a big shoutout to @gatehub team. The recent price surge illustrated how critical good end user infrastructure is, and Gatehub managed to keep the lights on and the doors open the whole time (better than some other exchanges...*cough* polo *cough*). I know it is their job, but I appreciate the team still taking the time to be on the forum addressing issues and customer questions even during what was no doubt a very busy time for them. Most places would simply refer you a FAQ page or ask you to submit a support ticket. I am also not sure if the team ever sleeps...
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  12. The reminds me of a joke: A man says to his girlfriend, "XRP hit $1! Pack your bags!". She says, "That's great! Should I pack for the mountains or the beach?" He says, "I don't care, just get out!"
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  13. Thanks to @aless for posting this in the zerpbox: https://www.bloomberg.com/news/articles/2017-04-20/bbva-taps-blockchain-to-make-international-payments-in-seconds "Banco Bilbao Vizcaya Argentaria SA, Spain’s No. 2 lender, has executed its first cross-border payments through a system based on the software that supports bitcoin, the company announced Friday. Using a program built by Ripple, a San Francisco firm, BBVA has transferred about 50 euro-denominated payments to Mexico from Spain in seconds. Such transactions normally take up to four days to clear, the bank said. BBVA plans to use Ripple’s distributed ledger offering to provide corporate customers a quicker and cheaper way to pay overseas suppliers and execute other international transactions, said Alicia Pertusa, head of the lender’s Digital Transformation in Investment Banking unit. Processing payments on Ripple costs, on average, 81 percent less than the correspondent banking network that’s been used to send payments around the world for decades, according to the company."
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  14. @RDS You set your expectations high. We'll do everything we can to surpass them.
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  15. Hi All, Apologies for not being around much over the last few days. The volatility in the price has created much interest and work, both internally and externally. As for the program on Bitstamp, I think the one thing we could have done better is set expectations with respect to how much volume the programs could support. There was a budget and that budget ran out more quickly than was anticipated so the programs ended more quickly than anticipated. In the future we'll make sure to disclose that programs can end sooner should volumes increase significantly. As for whether or not it was successful, I think it's a little early to tell because of the spike in volumes across the board. In some respects it's a good problem to have, but it makes assessing the effectiveness of the program difficult to measure. For what it's worth, I do not think the announcement of the program had much, if anything, to do with the activity last weekend. The market had been building momentum for a few weeks before the spike on Sunday, and most of the activity was on Poloniex. Lastly, it was largely my call to incentivize XRP/BTC, and I had mixed feelings about it. On the one hand, XRP/BTC volume is not the goal for XRP. I've been very clear that in order for XRP to become the standard for international value transfer it will need robust fiat liquidity. Yet, it may be too early to focus solely on fiat. Currently the majority of flows into the digital asset space occur through BTC and not leveraging that felt like a possible missed opportunity. Hope that helps and as always thank you for the interest in all of this. It always feels good to know we're not alone. Hope everyone has a great weekend.
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  16. http://www.sbigroup.co.jp/english/investors/disclosure/presentation/pdf/170301presentations.pdf This myth has been going around for far too long and perpetuated in many circles. This is the documentation that XRP will be part of what is to come.
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  18. SBI Ripple Video "Japan Bank Consortium and its Ripple-powered platform" Tnx @nikb
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  19. Hi all, Ripple and XRP finally seem to be picking up some steam. And - I think I speak for almost everyone here - we want to keep it growing. That means: communicating to the new or misinformed initiating new users and projects building tools and services that make use and information dissemination easier and clearer helping or asking those who already do the above to support XRP/Ripple in new or better ways getting people excited about the future While Ripple is mostly taking the top-down approach, we also need some grassroots, bottom-up efforts from within the community. I wanted to start this thread as a central place to talk about some of these efforts. We've already seen some successes in the past couple weeks. In this top post, I'll highlight past successes, current community initiatives, and ideas that are worth exploring. Please add more ideas or news below and suggest specific threads that we can link to here and I'll update every few days. SUCCESSES: Ledger Blue & Ledger Nano S hardware wallet support: XRP support was recently added to this hardware wallet's roadmap after an XRPChat campaign. https://www.xrpchat.com/topic/3418-please-vote-to-get-xrp-added-to-ledger-blue-and-nano-s/, @TrocheUszkodzonyKompresor Add and clarify RCL gateway information on CMC: Major gateways and their XRP/fiat and XRP/crypto pairs were added as separate entries. https://www.xrpchat.com/topic/3610-another-thing-you-can-do-to-help-the-ripple-ecosystem-success/ @cmbartley CURRENT INITIATIVES: Get XRP added to tradingview.com platform: Many traders use this platform to exchange info and ideas; currently implements Poloniex charts. https://www.xrpchat.com/topic/3642-vote-to-add-rcl-markets-to-tradingview/ @RafOlP IDEAS: Coinbase support for XRP CMC and other crypto sites ad campaigns (@papa?) UI make-over for @jatchili's minimalist client
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  20. Hi guys, I just recorded an interview in which Brad Garlinghouse is spreaking at Bloomberg radio, which I want to share with you all. Since our forum doesn't support sound formats I uploaded it to dropbox.You can find the interview at this link: https://www.dropbox.com/s/cstym51kljm71ai/record20170420223525 (2).mp3?dl=0 I hope you guys appreciate this and we will have a great time at my 2 dollar party next year. Best Regards, All day changing Churchill
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  21. https://www.finextra.com/blogposting/13888/blockchain-and-the-ripple-effect-did-it-ripple Great Ripple article. Pretty much summarizes the present situation of the company. Enjoyed it a lot
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  22. Ripple and partners will be showing this off at the upcoming NACHA Payments conference: https://payments.nacha.org/faster-payments-experience-education
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  23. Bank Top 40 of Japan use most Ripple. Japanese bank top 40 uses almost all Ripple. This is bank TOP40 rank of gross assets in 2013, and red line is bank using a network of Ripple. You can easily image that a network of Ripple grows big in Japan. In Japan Olympic Games will be held in the year 2020.You'd be able to use Ripple in Japan in 2020. Banks of the world may arrange the connection with the bank of Japan for the Olympics. Many banks of the world wouldn't have the account in a Japanese bank directly yet.Such bank would use RCL and XRP. I made this list using the following document. http://www.sbigroup.co.jp/english/news/pdf/2017/0302_a_en.pdf Rippl's mark is displayed on the application of these banks. http://news.tv-asahi.co.jp/news_economy/articles/000095508.html Many people will notice to Ripple. Because if user do not know Ripple each other,each other's fees don‘t become cheaper.
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  24. I don't see it as any one single thing that was done right. Tacking on a billion USD market cap came from several different perspectives of the company, asset, and current price. Tulip mania, perhaps. As others have pointed out however, maybe XRP was significantly undervalued all this time, and the market finally corrected. I'm comfortable with that, because I think we've been putting a tremendous effort toward XRP over the past four years. I say we, to include Ripple, this community, and maybe the polo troll box too. It goes without saying, that we want the best coin for international settlement, and we're just getting started.
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  25. Well, I just got back from vacation. Apparently, that was just what XRP needed! I think it's a great idea to specifically discuss what we did wrong. When Ripple takes over the world, it will be very interesting to look at what mistakes we overcame. I could respond to everything, but that would take a novel. "ended world community grid too early" Like almost every giveaway, it was being gamed. We didn't have much choice. This is why we can't have nice things. "Pivoted and killed almost all the community." This is a tough one. I stand by every pivot we made based on the information we had at the time and even with what we know now. However, I do feel awful about the people who built on top of Ripple and who got abandoned by our strategy change. I too think somehow we could have done better, but I'm not sure how. "Failed to promote XRP as a digital currency" We didn't think it made sense to take on Bitcoin head on at its strength. I'm not sure that was a mistake, but it's hard to know what would have happened had we traveled that road. Like in the pivot argument, it certainly seems like it would have been better if we had been able to go both ways. But I suspect that if you try to do everything, you're quite likely to succeed at nothing. "that there was from the very start not a lockup or any kind of agreement on those by the founders owned XRP" Agreed! Relying on people to be rational and act in their own self-interest, surprisingly, doesn't work. Lesson learned. "I didn't like all of the company energy put into Ripple Trade and all the hoops users were made to jump through only to have it killed. Users were then passed off to Gatehub without any say in the matter." The legal situation made it virtually impossible for Ripple to provide a wallet and stay completely clean. I think it's fair to say that we didn't take on enough risk. Coinbase, for example, is a company that lets you send money through their web page to a completely anonymous destination that, for all they know, could belong to a terrorist. But nobody even thinks about that aspect as an issue -- it's bitcoins, of course you can send it to an address. We failed to anticipate that many regulatory issues would quickly be considered no big deal. You could argue that this is a mistake we continue to make to this day. "Failed to have a clear and transparent distribution plan..." I don't think we could have, since we had no idea what would work in the future. But I agree that we completely choose to take the path of revealing very little and requiring people to trust us to act in our own self-interest. We were so afraid of tying our hands too much that we left nothing but uncertainty. Miguel has convinced me that we should be equally afraid of leaving uncertainty as we are of tying our hands and should be willing to risk tying our hands a reasonable amount to provide more certainty. We can lock up on the ledger now. "NO MUGS, NOT ENOUGH T-SHIRTS" Nailed it. "Choosing javascript/node.js as language for their main API" I'm not convinced that's a mistake personally, largely because we don't know what would have gone wrong had we made another choice and we know everything that went wrong with JS. But there were definitely quite a few things that went wrong. JS is not ready for enterprise software. "i am NOT saying they did not deserve a reward, but come on, 20%!!! that's like saying... i am going to issue a new currency in my country, oh btw... i will take 20% -- just a few trillion here and there, no big deal..." I don't think this was a mistake. First of all, if XRP succeeds anyway, it's hard to see this as a mistake. And that's less than what every previous currency issuer has done. Retaining a lot of personal control makes sense when you don't know who or what might take control later. But given what happened, clearly stronger contracts between the founders was needed. "The merger with SimpleHoney" I firmly personally believe that this was an attempt by Jed to enrich his girlfriend and her friends when he sold OpenCoin to Stripe. That said, all the employees at SimpleHoney, including Joyce, appeared to be competent professionals to my judgment. If it had been intended as a legitimate acquihire, it would have been a solid one. I talked to each of the SimpleHoney employees and asked them to stay, but that didn't happen. Okay, that's enough responding. I have to go back on vacation to keep the price going up.
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  26. I have the utmost respect for @Vinnie. From a technical perspective, he's not only a highly talented software engineer, but an amazing software architect as well. And on a more personal note, he's one of the smartest, most self-consistent, honest, direct and ethical people I know. I count myself lucky for having worked under him because he taught me a lot and made me a better software engineer. I consider him, truly, to be more than a friend: he's my brother in digital arms. I won't lie: his loss was keenly felt at Ripple. Part of me me wishes he'd come back. But I firmly believe that people should look forward; not back. Vinnie chose to move on—and it was a decision I'm sure he didn't make lightly. I don't speak for him, but I don't think he'd want to come back. But I hope that he will remain involved in the Ripple and XRP community and will continue to hold our feet to the fire. Ben Kenobi became more powerful in death than Darth Vader and the Emperor could have possibly imagined. Vinnie, in leaving Ripple, has become more powerful than he ever was while an employee: Today, a number of people at Ripple, across all levels of the company, are channeling Vinnie's spirit every day—from working to uphold and expand on his legacy of technical excellence to picking up the torch on his passionate advocacy for XRP and less meetings! Again, I don't speak for Vinnie, but I think he's not coming back. But I'm not sad. Instead I'm excited and curious to see how he will channel the amazing energy, drive and skills he brought to Ripple every day.
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  28. @miguel @Tim @JoelKatz Sharing some thoughts and I hope you find some time in your busy schedule to read this. We have seen the miracle of speculation and healthy investors confidence in the last few weeks. Off course we are happy, and i am sure Ripple is too. But what sustains this confidence is fulfillment of perceived use-cases. hence, I feel it is very important to keep the connectivity of this confidence going, by making sure the expected use-cases go to production in a timely manner as expected and reported in various news. if this speculation turns into factual reality, that is when the base solidifies and Ripple enters a whole new paradigm in terms of trusted brand-name by the masses. we can work with all the governments and banks we like, but this is the true backing for any asset. Trust of the masses. So while wishing good luck, and also sharing my thoughts on how important it is to deliver. Especially because it is multi-pronged. Possible Large Mistakes 1.) If you do a great job , but under-report it - No gain 2.) If you over-report it and under deliver - No gain 3.) If you just work hard on the technical aspects & don't keep population up-to-date in a timed manner- no gain Possible smaller mistakes 1.) Bad timing - market timing for media reporting is crucial. Important needs of the hours ( parallel things that should happen to strengthen the ecosystem ) 1.) Access to masses ( XRP listed on more exchanges, clear use-cases that utilizes rcl, other derived products ) - in short XRP shoudl be accessible in many places and in various formats. This is crucial for many reasons, firstly -to support the current evaluations, secondly - to remove possibility of limited points of failure, thirdly to avoid market manipulation ( more diverse and spread out , with more providers, less impact on XRP when one point is targeted ) @Team : Please feel free to add more points , pertaining to this area. @btw thanks everyone and especially @TrocheUszkodzonyKompresor, we are no 1 on Ledger road map Trello feature request votelist . https://trello.com/b/5nQ1mdzt/ledger-roadmap Kindly, R8
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  29. Green across the board. Let's fly!
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  30. Well it looks like I will be sullying my reputation - being known for 'beating' Ripple up in text. The URL below points to a professionally crafted and exceptionally informative read for investors, partners and prospective customers - globally. -- http://www.businesswire.com/news/home/20170426005495/en/Ten-Financial-Institutions-Join-Ripple -- With this sort of press release, Ripple will become as familiar a name, as Bitcoin and Ethereum, maybe more so.
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  31. Ten New Customers Join Ripple’s Global Payment Network MUFG BBVA SEB Akbank Axis Bank YES BANK SBI Remit Cambridge Global Payments Star One Credit Union eZforex.com "Banks were chosen" - amazing! This is exactly how to market this exclusive club. The 2nd level customers should either wait a few months or alternatively they could contact SWIFT that specializes on lower-end week-long payments services... --- Ripple Insights: https://ripple.com/insights/ten-new-customers-join-ripples-global-payment-network/ Coindesk: http://www.coindesk.com/ripple-touts-blockchain-standards-push-10-new-banks-join-network/
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  32. If you check out page 16 here, two super important news: - Aranda saying Ripple works with 150(!) banks - Santander UK saying the pilot with their employees was successful. They got very positive feedback and increased volumes! https://issuu.com/level39/docs/level39_report_2017/4?ff=true&e=24575029/47534111
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  34. "eZforex.com, Inc. (eZforex), a national leader in providing foreign currency for travelers through financial institutions and cutting-edge international payments solutions, announced today that it is expanding its suite of global payments solutions to include Ripple’s BlockChain technology. Ripple, a San Francisco based company, connects banks around the world by offering real time cross border payment services to its customers using BlockChain and Distributive Ledger Technology." http://finance.yahoo.com/news/blockchain-u-financial-institutions-now-190400442.html
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  35. Vaporware is software that is being marketed but does not really exist. Not the case with Ripple by Vinnie's own admission. He has stated repeatedly that the software that he helped create is great, but is not marketed well enough. That's the opposite of vaporware. Vinnie sold all his XRP after holding for four years, for around $0.006, and the very next week it exploded. Sour grapes. I don't mind pointing out differences of opinion, but calling Ripple vaporware is a blatant lie and dishonest, and if he had been under my contract, I would sue his last bitcoin out of him.
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  36. Found by xrp noob: Short and easy to understand.
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  37. @dfault123 Stay tuned! Sent from my Nexus 6 using Tapatalk
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  38. Since this video is out. I shall quote from an anonymous source to get a fuller picture - "SBI money plaza will have 300+ offices in japan and offer POS services to retail japanese customers that utilize the same SBI Ripple backend almost everything connects and works with the central RCL platform - the core platform is public blockchain and the "regional tokens" are all private and some public."
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  39. ATB -> ReiseBank https://charts.ripple.com/#/transactions/C48EF02E1ECA569E08F31F81EA356BBA7790E1CD2F8EDFB9EF2BD4C80197BB93
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  40. Fidor->Snapswap transaction: https://charts.ripple.com/#/transactions/4F88B09740DC70A8CA7658ADD183903D47BC1A503273A9899BB216AA229BDA11
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  41. Many crypto traders use www.coinmarketcap.com to track the value of assets. Unfortunately the data for Ripple markets is not entirely up to date and they don't represent the individual markets in a discernible way. See: http://coinmarketcap.com/currencies/ripple/#markets Notice that many of the markets are listed as "Ripple Gateways", this gives the impression that these gateways are managed by Ripple which they are not (contributes to the belief that RCL is centralized). They also robs worthy gateways of advertising (where is Gatehub?). You can request that coinmarketcap label the gateways accurately and add additional gateways to their Ripple markets using this form: https://docs.google.com/forms/d/e/1FAIpQLSf0f95sPIlakbvT0AKXvJpwboNWwQjAj9ZiSdCiqpXcKmumzw/viewform (you can also simple click the link at the bottom of CMC).
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  42. Curious, what would you say our track record has been to date? How can we improve? We are aggressively engaging exchanges to list XRP. BitGo's XRP integration for a wallet API and SDK is a key enabler for several of the top exchanges. We're pumped about the work they've done to date and we are optimistic about a Q2 launch. We also see other wallet providers integrating XRP in the coming months, so stay tuned. Once more exchanges list XRP, we anticipate a few index providers to create weighted indices for better price discovery. More responsible accessibility to XRP actually helps to increase the decentralization of risk. We see more wallets, more exchanges and more liquidity, as keystones to the XRP ecosystem.
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  43. It's official- Ripple has been trialed, tested and actively used at some point by all of Canada's 'Big 5' banks including several smaller banks (including ATB's first international bank2bank transfer). The big banks are: Royal Bank of Canada (RBC), Toronto-Dominion Banks (TD), Bank of Nova Scotia, Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CIBC) According to a ranking produced by Bloomberg, in 2011, the Big Five are among the world's 20 strongest $100-billion-asset banks, with Canadian Imperial Bank of Commerce, Toronto-Dominion Bank, Royal Bank of Canada and Bank of Nova Scotia at 3rd, 4th, 6th and 18th place, respectively, while non-big five National Bank of Canada sits at 5th place. -https://en.wikipedia.org/wiki/Big_Five_(banks) RBC has undergone cross-border trials (part of R3 Test) with Ripple, joined the Steering Committee, officially adopted Ripple settlement, and publicly discussed its efforts. Toronto-Dominion Banks (TD) trialling and testing Ripple, worked with RBC and publicly discussed its efforts, maybe officially adopted. Bank of Nova Scotia has undergone cross-border trails (part of R3 Test). Bank of Montreal (BMO) has undergone cross-border trials (part of R3 Test), officially adopted Ripple settlement. Canadian Imperial Bank of Commerce (CIBC) has undergone cross-border trials (part of R3 Test), joined the Steering Committee, and officially adopted Ripple settlement The discussion of Ripple's take over started way back in Oct 29, 2015: Considering the Big 5's market share in the domestic market I am willing to confidently say that Ripple has 99% coverage, and no doubt this will influence regulators. Canadian banks also have some US presence and strong presence in the Caribbean and Latin America. When is Canada's Ripple Office opening?
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  44. @Mercury thank you! You are correct. The total includes GateHub activated wallets (currently 260 in the last 24h). The real number of wallets created by GateHub is probably higher as we only count those that we funded with 30 XRP. In the past week we have 500+ new users per day. Something is happening Anyone trying to find the stats page, here's the link: https://gatehub.net/stats
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  45. https://ripple.com/dev-blog/escrow-paychan-fix1368-will-available-3-days/ Escrow (previously called SusPay), designed for low volume, high value transactions, permits users to cryptographically escrow XRP on RCL with an expiration date using a hashlock crypto-condition. PayChan, designed for high volume, low value transactions, flowing in a single direction. The scalability of these transactions is not limited by the Ripple Consensus ledger, and they do not incur the risks typically associated with delayed settlement.
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  46. http://nacha.eventpedia.us/Event/ActivityDetail?EventActivityKEY=6146759a-bb26-4dba-99c4-c838a23f5e3f&isPreview=False The presentation is available from the page above: "Together at Last... Blockchain & same day ACH: A real Story" http://documentcenter.meetingcaddie.mobi/Events//8352cdef-b7b5-42cc-b806-71414c0e65d3/Documents/08d09e7e-3afe-4fe0-98c0-ca628fd475a7.pdf I'm sure there a lot of nice infos, for example this is the first time I see YES BANK (India's fifth largest private sector Bank).
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  47. I know there was a similar topic on February, but there are not enough votes, if we could get together and send some votes we would be on top of their roadmap. What do you have to do? Register on https://trello.com/b/5nQ1mdzt/ledger-roadmap There is a rectangle on the left with a title "Ledger Blue and Nano S applications" Thumbs up and short comment Ripple support Done I have just received the information, that Monero people voted so high, that Monero will be implemented next week. I hope Ripple community won't be worst than them.
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  48. Several thoughts... Ripple Leading Technology - Ripple is the only game in town for a globally regulated, safe, accepted crypto currency. Thanks to FinCen the tracks are laid for Ripple. Bitcoin can not be stopped (Bill Gates) and Ethereum will be a lab experiment for some time to come. Ethereum's valuation will be reduced with each bug that is found publicly, while Bitcoin will continue to rise because they have the merchants today... and an architecture that can not be stopped. Ripple Adoption - Everyone knows the world is going crypto financial... it is a fact, so whose technology will be adopted? I see only one... Ripple. Ripple Global - Everyone here will know how really really technically difficult it is to properly acquire, hold and trade/exchange with crypto currencies, today.The banks, and new fintechs will be required to manage accounts for 'mom and pop', merchants, and a large number of the businesses transacting. Certainly there will be organizations that have their own expertise. Ripple is beginning to show adoption success with the establishment (and yes I did read Vinnie's suggestion to read the fine print of SBI Page 36) acceptable positions on crypto financial in the press. Because Ripple is regulated and because it holds the XRP transport, the company will morph into a global entity. I had thought that this would happen with partnerships with MS or IBM, but I am now thinking that a) that would change the attitude towards crypto and it is this new view that needs to prevail; b ) there is not enough time to restructure their organizations, c) Ripple, if it can raise the value of XRP could fund the required investment in skills and infrastructure... themselves. I have certainly been critical of Ripple management, for a ton of good reasons, but at the same time these are the guys who must ensure that organization survives financially; that the company stays relevant in the press; and that the technology stays relevant and accepted, in the business channels that they currently have. These guys also have to worry about violations that could be directed towards the Directors of the company. I have read carefully the GlassDoor reviews and they suggest a mix... great innovative company; limited business acumen. In reflecting on these reviews, one can see that this is somewhat inevitable in this space when building a disruptive technology. In closing, these thoughts seem relevant: The Joel Katz post (above) seemed accurate and useful. The WarPaul post of maybe yesterday seemed hugely welcom re: BitGo wallet and more global Exchange representation I would cut Vinnie some slack. Developers are usually in the dark (literally and figuratively) for a long time. They bring ideas, energy and commitment... without these guys doing the heavy lifting in the early days, the rest of the organization will perish. The developers are asked to do one thing only... develop a killer technology that meets to the vision. Switching company/marketing visions in mid-stream can be devasting to the developer's moral. Ripple has switched several times. Full circle... to be successful Ripple must: Have 'business hooks' into the existing banking system. It looks like this is based on ILP. To compete with Bitcoin and Ethereum, Ripple must have a viable crypto token that enables transport for nation-state currencies Lead... and not follow banks. I used to think that organizations (banks and Telco's) could adapt to change, but I no longer that is true. They often get replaced because they did not see the new world in front of them. In this regard, I now think Ripple needs to become the global Fintech operating company equal to how Google evolved. If I were Ripple management, I would reach out to Vinnie... to see if there is a way to keep him working on tech that advances Ripple's interests. It may be that Vinnie just needs his own company or development group to pursue their own goals which may have synergy with Ripple products. The key is to keep moving forward.
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  49. I've been at Ripple for four years, and it's honestly the best job I've ever had: I get to work with some very smart people on something that I find very interesting and which I believe is important. I'm not going anywhere, sorry!
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  50. You may be right @fatcat, I'm happy to bet the fiat equivalent of 10K XRP that on this day in 2018 (01:54 am on March 27th, 2018 GMT) the unit USD price according to www.coinmarkertcap.com will be higher than it is at this very moment: $0.009663. If the price is lower than $0.009663 www.coinmarketcap.com (assuming no errors on that site) I will pay you the fiat equivalent of 10,000 XRP on that day, if the price is higher than $0.009663 then you will pay me the fiat equivalent of 10,000 XRP on that day. If it is the same, then the bet is a wash. If CMC fails, is offline, or there is a clear website error verified by an independent 3rd party then we will use the reference price from cyptofacilities instead. If you agree we can figure out how to lock up 20,000 XRP using escrow as collateral. Let me know.
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