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Zooplankton

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Zooplankton last won the day on March 12 2016

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  1. It would seem like XRP has the biggest potential to be a game changer in the development of ILP/RCL. There is a strong case for why a strong XRP would facilitate a seismic shift in the direction of the adoption of blockchain technology worldwide. Ripple has laid out how XRP would clearly save banks a lot of money if used. Perhaps what is less clear is the affect on the resources that would be able to be dedicated to the protocol and subsequently what that success would mean for the ecosystem if that should happen. The banks have a real opportunity at this moment to be a part of a new layer of a financial system unlike anything that's been seen before. Ripple has a team of developers that truly is top notch, however the Ripple community of developers haven't drawn the crowds that ethereum and Bitcoin enjoy. There were choices made at the beginning of Opencoin about how XRP would be allocated and we all chose to support the distribution. However I see the negative connotation associated with Ripple erased if the market making plan works because it will stimulate developer interest. If there is a rising XRP price and an incentive to build things to trade and improve RCL, everyone wins. Furthermore if banks were to support such a program they could give Ripple a huge advantage over btc and eth, while at the same time encouraging investment in these alternative technologies.
  2. I've been quiet on this board for a long time, but over the past year or so but I was inspired by Ripple's vision. I wrote my research papers for my undergrad degree on ripple's potential for the financial sector. I started working for bluzelle, writing trying to communicate the value proposition for ripple and Blockchain technology for financial institutions. I spoke with the Canadian central bank about the potential for the tech. Perhaps most importantly I have been developing trading software to take advantage of the market making platform that ripple keeps talking about. But where is it? I feel as if the leadership of ripple puts forth a great vision but doesn't give stakeholders enough follow through and consistency to see an appreciation in xrp.
  3. If banks are are to be expected to be demanding XRP doesn't that mean that the price should rise in expectation for this new demand? XRP to the moon!
  4. http://www.bloomberg.com/view/articles/2016-05-09/bitcoin-isn-t-the-answer-to-central-bank-woes
  5. So correct me if I'm wrong but ILP can accept payments in any currency because RCL will have market makers fuelled by XRP infused competitive spreads, doing the conversions? With XRP as the bridge currency? Infrastructure for the Internet of Value.
  6. http://www.coindesk.com/mits-adoption-ripple-blockchain-theory/?utm_content=buffer91295&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
  7. http://www.ibtimes.co.uk/swift-enhances-correspondent-banking-view-blockchain-roadmap-1532796 A bit old not sure if it was posted.
  8. Ripple's businesses partners want them to narrow down their focus, ILP is the response to that. Why confuse the direction of the organization when it is attracting the interest of many banks (not to mention very capable personnel).
  9. This is huge. Microsoft's developer pool will only add more depth to Ripple's expertise. Ripple and Ethereum stand out in the Azure platform and this partnership strengthens the entire ecosystem by putting R3 and those two on the same team. We knew Ripple and Ethereum were working together before, now they are on the same roster.
  10. http://www.coindesk.com/unicredit-white-paper-explores-blockchain-uses-for-bank-payments-post-trade-processes/ "One potential application, the bank writes, is that the technology could be used for interbank payments, with participating banks acting as validating nodes on a blockchain network." Sound familiar?
  11. Excellent analysis on how blockchain could change capital markets. http://www2.deloitte.com/us/en/pages/financial-services/articles/banking-industry-outlook.html
  12. It's called a derivative. You know, like the ones they announced last week.
  13. I think this sums up the answer to your question quite succinctly: "In Building Network Effects on Ripple and The Cost-Cutting Case for Banks, we discussed the value proposition for XRP as a highly efficient bridge currency that enhances network effects and market depth across currency conversions on Ripple and in the developing Internet of Value. In order to support this use case, banks and market makers that provide liquidity may need to hold XRP in significant size."
  14. https://bitnation.co/blog/using-mutual-credit-to-draw-a-map-of-financial-inter-dependence-at-a-global-scale/ "Mutual credit systems, like Ryan Fugger’s Ripple (2003), is an economic protocol that enables person-to-person trade at a global scale, through keeping track of each individuals credit or debit balance. The Resilience protocol (Nygren, 2012) describes how to map growth within mutual credit systems like Ripple. Mutual credit traces financial inter-dependence with high accuracy, and if visualized over time (Y axis), it reveals an interesting pattern, where individual nodes grow into more complex webs of financial inter-connectedness."
  15. Yes Ripple and Earthport are probably refining their messaging as time goes on. It seems news will drip out in articles like this as they paint a picture of what the future of the IoV will look like for banks.
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