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Everything posted by Zooplankton

  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
  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 wh
  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
  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.
  16. This was news to me: Earthport, for example, is dedicating its efforts to establishing relationships with XRP traders so that the government-issued currencies clients are looking to transfer abroad can be bought and sold quickly on both sides of the trade.
  17. I don't get it. The news is that large financial institutions will hold a lot of XRP and they need tools to mitigate risk. How is this not massive news?
  18. You can close it but it's not mobile friendly. On a tablet or PC it should have an X. It's a report on ripple and blockchain, worth checking out too ;).
  19. Check out my first blog post for Bluzelle on capital markets: http://bluzelle.com/step-step-blockchain-can-benefit-capital-markets/
  20. So now financial institutions will need to hold large amounts of xrp? Don't worry guys I can sell mine.... For $10 each.
  21. I agree that is a possibility, but that article doesn't say whether the 17% is invested in Ripple or the new company.
  22. I think the announcement was very clear. I was very pleased with the news and I'm sure there will be a lot more written about it.
  23. I think you both have it wrong, Ripple owns 20B that won't be distributed and 17% of that is 3.4 B, for 25 million equals a price of .007. Basically the price on the news.
  24. I don't think the fact that XRP is distributed is a bad thing, it's a trade off for the long term success of the protocol.
  25. Ripple has listened to the community and now in essence XRP could be available to the public (investors) before shares of Ripple Two cheers for ripple!
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