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xrpmoonboiz

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  1. xrpmoonboiz

    China and the gang of four

    Great post - love connecting dots!
  2. And this definitely can be updated, but enjoy this rabbit hole too...
  3. I wrote this in January, but do you really want to dive in? Here you go...
  4. I definitely agree with you that we should challenge things as it helps us to have a better understanding of things. In regards to banks having branches all over the world (Santander has 250 in Brazil according to Google btw), my main point, which I didn't do a great job in explaining, was simply that these banks which are using Ripple's software are all over the world. I know for me sometimes it's easy to just think "Oh Santander, they're HQ is in Spain, that's cool" without stopping to think about every branch all over the world. And to your last point, I think today was a step in the right direction. Obviously Lian Lian is only using xCurrent, but the interconnectedness in China is massive. Currently in the beginning process of writing a new article surrounding China. Love the dialogue!
  5. Appreciate it! Definitely makes you think...now to find the next dot to dig into...
  6. “You can't connect the dots looking forward; you can only connect them looking backwards." I've been sitting on this post for a couple of days, but finally decided to post it tonight. As always, just connecting dots together by using public information - this isn't my way of saying anything will happen, just information that I found incredibly interesting that I'd like to share and hear your thoughts on. After my post connecting many dots to Ripple, I decided to look backwards and take a deeper dive into what I think could make sense for a possible partnership using xRapid. A few weeks ago I reread the article that said dLocal was using Ripple and another article saying they were partnered with AliPay, among others. Ant Financial is part of Alibaba and operates AliPay. Alibaba is massive. Ant Financial is massive (most valuable fintech in the world). AliPay is massive. I don’t think we can even comprehend how many people are intertwined with Alibaba, so I decided to start with AliPay to see what I could find. Here’s an example of what I found: The Ripple website gives a simple breakdown of how xRapid works. Payment providers use xRapid to send XRP to banks, who then pay the beneficiaries in their currency. Here is a nice illustration: https://ripple.com/solutions/source-liquidity/ We know how big AliPay is in China, but in 2017 AliPay AGGRESSIVELY partnered with payment providers all over the world, integrating AliPay into their existing software. For example, dLocal in South America. This partnership allows Chinese buyers to make purchases from South American merchants using AliPay. AliPay deducts the amount of a payment from the buyer’s account in real-time in CNY and settles the payment to the merchant in a foreign currency. Below are some of the payment providers that AliPay has partnered with that pertain to this article - there are MANY more: Zapper - dominant payment provider in UK and South Africa dLocal - payment provider for South America who already uses Ripple (new office in India, but not related to this article) Stripe - payment provider with global partnership with AliPay Wirecard - payment provider in Germany NAPAS - Vietnam Quest Payment Systems - Australia AliPay obviously is used in China, and it is available to Chinese visitors in Japan as well. Time for my favorite part: connecting dots between AliPay, payment providers in certain countries or regions, and banks using Ripple in those countries. These are just some examples, there are many more. US/Global - AliPay partnered with Stripe. Many banks have partnered with Ripple and they have locations throughout the world. Brazil - AliPay partnered with dLocal. Santander has partnered with Ripple and has a branch in Brazil. South Africa - AliPay partnered with Zapper. Standard Chartered has partnered with Ripple and has a branch in South Africa. UK - Alipay partnered with Zapper. Standard Chartered has partnered with Ripple and is based in the UK. Interesting tidbit - Standard Chartered Bank got its name when the Standard Bank of British South Africa merged with Chartered Bank of India, Australia and China (went by The Chartered and was incorporated in London) in 1969 France - AliPay partnered with multiple payment providers in Europe. Multiple banks partnered with Ripple have locations in France. Germany - AliPay has partnered with Wirecard. ReiseBank has partnered with Ripple. Australia - AliPay has partnered with Quest Payment Systems. NAB and Westpac Banking Corp have partnered with Ripple. Vietnam - AliPay partnered with NAPAS. Multiple banks partnered with Ripple are in Vietnam. China - AliPay accepted. Shanghai Huarui Bank is partnered with Ripple. Japan - AliPay accepted. MUFG banking arm The Bank of Tokyo-Mitsubishi UFJ partnered with Ripple. The next part I stumbled upon is right in front of our eyes. On Ripple’s website you can go to the XRP page, and if you scroll down to the Distributed section it has a map with white dots that are blinking. Notice the countries where these dots are: the US, Brazil, South Africa, the UK, France, Germany, Australia, Papua New Guinea, Vietnam, China, and Japan. And these banks I mentioned above are just some examples of the banks that are in these countries. Let’s look at the number of branches of these banks: Santander: ~650 retail banks Standard Chartered: More than 1,200 branches Reisebank: More than 100 locations in Germany and also partnered with Western Union NAB: 1,590 branches as of 2014 WestPac: 1,429 branches as of 2015 Shanghai Huarui: A couple of locations, but this is big because banks need approval from the China Banking Regulatory Commission before engaging in cross-border business Tokyo-Mitsubishi: 868 branches as of 2009 This is what makes this so massive. Is the map a stretch? Maybe. But maybe not. Would not put it past Ripple to slip something like this in front of us. This is just some preliminary research, but from what I can tell, AliPay is partnered with payment providers all around the world, meaning merchants all around the world can accept AliPay. xRapid fits perfectly for AliPay - XRP is sent to the payout banks all over the world whenever a customer uses AliPay, and the payout banks then send the desired currency to the beneficiaries. AliPay is the largest mobile payment platform in the world with over 520,000,000 users, and they are quickly partnering with every payment provider they can in order for their customers to be able to make payments all over the world. Edit: corrected typos
  7. xrpmoonboiz

    Connecting Some Dots...

    Here you go...just fit this in somewhere...just kidding please don't
  8. xrpmoonboiz

    Connecting Some Dots...

    Seeing as MoneyGram is using XRP and works with 400 banks...I think we should just leave this infographic as the last one
  9. xrpmoonboiz

    Connecting Some Dots...

    Unreal work. I'm digging into a ton of new information, but I think it would be too much to add into an infographic, and I'm not quite sure how the integrations between payment providers work. For instance, in November of 2016 Digital River World Payments partnered with ACI Worlwide and integrated their software. Then in December 2016 Digital River partnered with dLocal and integrated their software, and in 2017 dLocal implemented Ripple. Not a tech guy at all, so would Ripple's software then be used by Digital River and ACI Worldwide since they all integrated software? Digital River got acquired, but ACI has a client list that includes hp, ibm, intuit, oracle, microsoft, amex, mastercard, swift, visa, accela, moneygram, ach payment solutions, at&t, b of a merchant services, first data (work with Alipay in north america), and master pass by master card. Earthport is also very interesting, check this out - https://www.earthport.com/wp-content/uploads/2015/08/EP-July2017-FY17-Year-End.pdf You could also just make a new infographic that just says "China" and have Ripple be connected to it. In the fall of 2017 China's central bank said they would require all third part payment companies to channel payments through a clearing house starting in June of this year. Banks must also connect to the clearing house. Starting in June, payment firms will have to clear their transactions through the clearing house, which in turn will connect to the receiving banks.We know China's central bank has met with Ripple, and the biggest third party payment providers use dLocal.
  10. xrpmoonboiz

    Connecting Some Dots...

    Somebody made it based on my post, which was put together from articles I dug through. So yes, these are all connected. Obviously my post was just the tip of the iceberg, and I left out so much on purpose, but as I'm digging further into things...I don't think we understand just how big this could become.
  11. xrpmoonboiz

    Connecting Some Dots...

    All of these are very true, haven't even really begun to begin connecting the Silicon Valley dots other than in that first paragraph. Still working through stuff and will continue updating the original post
  12. xrpmoonboiz

    Connecting Some Dots...

    Yeah, tonight I've got a lot more work to do to see what else is out there
  13. xrpmoonboiz

    Connecting Some Dots...

    Love it - I hope you didn't spend a ton of time making it because I've got some new research that adds to the complexity a little bit. I'll keep updating my original post with edits as I add them
  14. xrpmoonboiz

    Connecting Some Dots...

    Absolutely! I didn't know what their business relationship was like now that it's not a subsidiary, so I didn't want to mention it. But we all know SBI Holding's thoughts on Ripple and XRP...
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