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This blog post is Part One of a double feature for Thursday, January 11, 2018. Red across the board in crypto. The latest xRapid news. Big XRP purchases. The first escrow release. The addition of DMM to the list of XRP exchanges. My latest blog covers all this and other information you need to know. I hope you enjoy the read - please leave all comments below. Feel free to share my blog with a friend or on any other media or platform & thank you for doing so! Blog announcements on other media: Twitter Reddit r/Ripple Reddit r/CryptoCurrency Reddit r/CryptoMarkets Reddit r/xrp Reddit r/RippleTalk Bitcointalk - alt coin sub forum Bitcointalk - XRP speculation thread
TransferWise is a money transfer company. It's infrastructure "has an extra trick up its sleeve, something it calls 'intelligent currency routing." Could this 'intelligent currency routing' be XRP/ILP? Full article on TransferWise's newest product, The Borderless Account: https://techcrunch.com/2018/01/08/transferwise-card/
I would think by now Ripple should be working with all these trendy and popular online-only banks and payment transfer providers like Revolut, Monzo, N26, TransferWise, etc. But they aren't. Is Ripple competing with them? How are these fintech startups already providing instant transfers? They are also targeting the remittance/payments industry. It seems like they don't need to use Ripple software or XRP. On Ripple.com, I see "slow", "expensive", "unacceptable" and "unreliable" on the homepage referring to today's payments infrastructure, but none of those keywords are applicable to those modern online fintech apps that offer an almost flawless user experience. So I guess Ripple is directly/indirectly competing with them? I am aware that Revolut will be introducing Bitcoin, ETH, and Litecoin on their platform in the near future, but they don't look like they need XRP for "settlement"... I'm just confused.