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WrathofKahneman

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WrathofKahneman last won the day on February 11

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  1. So it seems Ripple has a new partner in Egypt named Fawry, notable because Fawry is a large payment company in the region that is working closely with the National Bank of Egypt. There is no mention of XRP use yet, so it would only be RippleNet, but it looks like they were either announced or just assumed to be a partner at the recent Ripple Swell:MENA event.
  2. Update: The National Bank of Kuwait, in a 2019 Sustainability report uploaded Aug 2020, mentions that their Ripple powered remittance app is named "NBK Direct Remit" and after rolling out in Jordan, they intend to make it available in Egypt. It is just RippleNet, and not XRP I believe. source: https://www.nbk.com/dam/jcr:184b410a-1bf0-4f19-911d-925fee75d053/Sustainability Report Eng A4-23082020-9.pdf
  3. So Ripple must block any Australian traffic going to PayID.org, meaning the NPP essentially won the argument. Have I understood this correctly? If so, it is only for the website and not the protocol itself?
  4. Small note. On July 4, 2020, Egypt's banks switched to the IBAN standard for routing bank payments. This follows their registration with SWIFT in May. It helps connect Egypt's financial system to the rest of the globe, especially the EU. Hopefully it creates better conditions for Ripple use. https://www.salaamgateway.com/story/banks-in-egypt-switch-to-iban-standard-to-ease-cross-border-transactions
  5. David said that companies have been reluctant to use ODL for retail. Hopefully it was just a test, but agreed; the drop itself has not been explained.
  6. Briefly, in the latest Ripple Insight, Ripple talked about staying the course with ODL, but pivoting away from treasuries to small payments https://ripple.com/insights/staying-the-course-in-remittances-and-sme-payments/ Birla commented And then Schwartz chimed in Long story short, it is surmised that MGI was moving large sized treasury chunks around in testing and now that it's over, ODL dropped as smaller payments are targeted, which raises the question of why not both?
  7. Hi @Jot7684 Your question is a good one, and one without a clear answer to my mind though others surely know more. I would suggest this thread in which the CEO of FlashFX answers the questions he can. If I recall, the imbalances are discussed somewhere around page 5.
  8. This is really curious news. A Sumitomo tie-up is great - I wonder what the structure of the funds will look like, particularly if it involves SBI's RC Cloud somehow? Likewise, the FX Coin news is interesting - both banks are invested in it and it will use XRP for remittance, but how does it fit in with SBI Remit and/or MoneyTap? Fwiw, my hunch is that the "domestic" & "overseas" remittance means remittance into and out of Japan, not a domestic rail. TL,DR: good news but suggests there is something more to come. --Edit- remembered something: The fund is the Open Le
  9. Some have noted that when they have looked at his Linkedin page in the past, "present" has not been specified. Does he update it monthly? I do not know if anyone has checked at that interval. We only know two things right now: Miguel Vias' LinkedIn profile page lists a recent end date for his position at Ripple instead of saying "to present". According to some who have looked in the past ,Miguel Vias' LinkedIn profile page has always listed a recent end date for his position at Ripple instead of saying "to present" as well. Until something more definitive comes out, we
  10. @LeonidasH found a great Ripple mention on MOBI's page, the large Mobility Open Blockchange Initiative. He writes: Further mobile involvement. Not front & center, but the page was recently added and the emphasis seems to persist in the background, at least. Check out his article. https://www.xrparcade.com/news/ripple-joins-vast-mobility-coalition/ The XRPchat thread is here: Also worth noting that Marjan Delatinne was slated to speak at mobile tradeshow until it was cancelled do to pandemic.
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