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What Announcement(s) Are You Hoping for at SWELL?


XRPeteSampras

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Okay I'll play along but it's pure speculation of course, no hard facts just gut feeling:

- Alibaba annouces it will use Ripple

- Narrower bonds with Etherium (something technically cool, may be a etherium smart contract will act as the escrow for the 55B )

- A lot of good talks with with FI's and big international companies, which we will never hear from.

Than there is the music hints... (This could have it's own topic :popcorn1:)

-  Steve Miller Band has a song called Going to Mexico..... XRP live in Mexico

- The Joker.... Online gambling 45B industry

- Come On (Let The Good Times Roll)... Prediction for a big price surge

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I'm hoping for a date on an official launch for xrp enabled payments with all of their clients

realistically, I would hope for the 55b escrow news, and banks talking about how they love xrp

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23 hours ago, 1xrp1 said:

Two use cases company may be named :

1) One of the largest media company in the world with studios and theme parks around the world.

2) One of the largest online travel booking site that requires many and quick cross border payments

Wink ...wink...you figure who they are and how XRP would benefit them.

Disneyland (or Universal Studios) - where did you come up with that?  I have heard zero rumors of Disneyland (or Universal) and Ripple working together.  What made you suggest that?

Edited by Ripcurldog
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Escrow live lockup, possibly some quality wallet service / software for consumer xrp holding (some people think lord katz was busy with that and recently tiffany also was busy asking questions about hardware wallets), some big player like moneygram using/trying ripple, future roadmap of ripple/xrp, perhaps something about codius (smartcontracts, the reason why they stopped at that moment is explained in newsarticles on the internet but i can imagine things changed at this moment), some africa/asia/china/luxembourg/europe expansion stuff

Edited by edwin90
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On 2017-10-14 at 9:51 AM, Ripple-Stiltskin said:

I think announcements about SBI and escrow lockup would be considered as “just” a confirmation of already expected news. Same for a real bank/FI case or new bank partners (already announced couple of days ago) . So I’m hoping on a mind blowing consumer use case. A partnership with a Credit Card company, Uber, Airbnb or something in that direction. 

I’ll be flabbergasted if a partnership with Swift is announced. I would be suïcidal if nothing is announced. 

XRP bridging currency exchange in the Philippines, Brazil and South Korea would really get liquidity moving...

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8 minutes ago, Ripple-Stiltskin said:

Agreed! But why are you quoting me? Just curious what triggered you in my post ( as it isn’t very special imo, but maybe I said something genius:))  

You did. I think your comment about "confirmation of already expected news" is bang on. @JoelKatz has been harping about new currency corridors they have been working on in 2017. They just announced the US-Mexico corridor. Most of us on XRP Chat have not done a lot of commentary on these new corridors so it could be a very big new opportunity. The reason I am thinking it would be big is that Ripple would be showing/demonstrating to SWIFT that XRP can do instant currency exchange while saving banks 60% in costs. This would be the biggest and best message they could send to SWIFT while every SWIFT customer starts to blush in the audience. 

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8 minutes ago, Bagheera said:

You did. I think your comment about "confirmation of already expected news" is bang on. @JoelKatz has been harping about new currency corridors they have been working on in 2017. They just announced the US-Mexico corridor. Most of us on XRP Chat have not done a lot of commentary on these new corridors so it could be a very big new opportunity. The reason I am thinking it would be big is that Ripple would be showing/demonstrating to SWIFT that XRP can do instant currency exchange while saving banks 60% in costs. This would be the biggest and best message they could send to SWIFT while every SWIFT customer starts to blush in the audience. 

Thanks and I agree again. Best way to show bankers XRP is serious business is to show them real cost reduction in place and used by competitors. They will ask themselves : wtf am I doing with an organisation that’s called Swift, but isn’t swift and is just doing funny but useless things with blockchain and bragging about it on a worthless conference? 

If it will effect XRP’s price is yet another question.

Edited by Ripple-Stiltskin
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1 minute ago, Ripple-Stiltskin said:

Thanks and I agree again. Best way to show bankers XRP is serious business is to show them real cost reduction in place and used by competitors. They will ask themselves : wtf am I doing with an organisation that’s called Swift, but isn’t swift and is just doing funny but useless things with blockchain and bragging about it on a worthless conference? 

If it will effect XRP’s price is yet another question.

Exactly, at 16:56 on the video below Dilip Rao speaks to a slide which shows 4 new corridors (India, Brazil, Mexico, Philippines) sorry, no South Korea at the time of this slide. Based on @JoelKatz comments about Ripple opening up new payment corridors this year I think among the announcements made at SWELL 2017 will be the live implementation of cross-border payment capability for banks in these corridors. 

 

 

I posted the following on August 2 and thought it might be a good time to refresh out thoughts on what could very well be Ripple’s strategy.

Setting the stage (2 unique audiences):

Ripple is implementing and showcasing a cross-border currency exchange solution in/with some of the world’s largest banks and financial government agencies. Their solution rivals all other solutions presently in use or available on the market. The solution can be used with or without XRP and to the dismay of many XRP holders, it appears that in many of these implementations/partnerships, XRP is not being initially implemented nor is it the focus of the infrastructure they are standing up across the globe.

Here, it would appear that Ripple is clearly telling XRP holders that as a company they have built a solution capable of reaching into every corner of the globe with the potential of utilizing XRP but for the time being are focused on building a global infrastructure based on deep trust and solid business relationships with the world’s largest financial entities. As a result, XRP holders don’t see the motivation for global banks to acquire XRP at this time and are wondering if Ripple is missing the bigger picture.

At the same time, Ripple is also very focused and working on a solution for cross-border exchange corridors for emerging markets and exotic currency payment providers and other financial institutions who want to minimize liquidity costs. Because payments into emerging markets often require pre-funded local currency accounts around the world, liquidity costs are high. Much to the delight of XRP holders this solution uses XRP and is powered by XRP.

Here, it would appear that Ripple is clearly telling XRP holders that as a company they are building a solution capable of reaching into every corner of the globe, however, one that uses XRP. In this case Ripple is also focused on building a global infrastructure based on deep trust and solid business relationships with some of the world’s largest outlying financial organizations. As a result, XRP holders see the motivation for these global outliers to acquire XRP and are wondering how XRP liquidity will be achieved and how Ripple could possibly bring both of these two distinct audiences together within the bigger storyline.

Introducing the players (2 unique casts):

There are 164 currencies circulating around the world across 197 countries. The Euro and USD are exchanged by 46 countries. This leaves the exchange of 162 currencies across 151 countries outside of the Euro/USD payments platform. Could XRP become the basis for their global payment platform? Read on to find out.

The first audience described above using the solution without XRP for the time being would be what I call the Euro/UDS audience. They are monolithic and slow to change and have deep ties with SWIFT and many financial government agencies. Fortunately, Ripple has been given a seat at the table and is bringing significant cost saving to this audience. Ripple has gained their trust and has established the infrastructure on which they will operate in the future. This audience is also well aware of what XRP can do for them on their new platform but all in good time.

The second audience described above using the XRP based solution would be what I call the 162 currencies audience. They use exotic currencies, do not have access to exchange liquidity, don’t use SWIFT, are eager to adopt new technology, have larger world populations than the Euro/UDS audience, work in 151 different countries around the world and want to participate in the Internet Of Money.

Story Plot Line (What Ripple is not telling XRP holders)

Ripple joins the family of global Euro/UDS players and puts in place all of the plumbing through which XRP will be able to flow in the future. Ripple then opens its arms to embrace 162 currencies and 151 countries that are not in this family so that they can transact and do business transactions via cross-border currency exchanges thus opening up massive markets and payment opportunities between these 151 countries. The Euro/UDS players see what is going on up and down and back and forth across the “corridors” and then very quickly will want to participate as a player on their stage (since they already have the plumbing in place) in order that the Euro/USD currency can participate in many new markets and does not lose its dominance as a currency on the world stage. The 162 currencies audience now has access to the Euro/USD markets.


Country/Currency source material: https://www.countries-ofthe-world.com/world-currencies.html
 

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