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Sharing my findings as I couldn't find them all at xrpchat.

There is some good stuff happening (in my opinion) regarding the progress towards real blockchain adoption in general (which I assume is profitable for XRP usecase adoption too).

First let's again view what a survey by WEF World Economic Forum with "over 800 executives and experts from the information and communications technology sector" says:


Shift 16: Bitcoin and the Blockchain
The tipping point: 10% of global gross domestic product (GDP) stored on blockchain technology
Expected date: 2027
By 2025: 58% of respondents expected this tipping point to have occurred

Positive impacts
–Increased financial inclusion in emerging markets, as financial services on the blockchain gain critical mass
–Disintermediation of financial institutions, as new services and value exchanges are created directly on the blockchain
–An explosion in tradable assets, as all kinds of value exchange can be hosted on the blockchain
–Better property records in emerging markets, and the ability to make everything a tradable asset
–Contacts and legal services increasingly tied to code linked to the blockchain, to be used as unbreakable escrow orprogrammatically designed smart contracts
–Increased transparency, as the blockchain is essentially a global ledger storing all transactions

From Ripple insight:


In this case, the tipping point is defined as ten percent of global GDP being stored on distributed ledgers.
That’s a lot of value. Ten percent of global GDP today is roughly $8 trillion.

Original PDF by WEF
Ripple Insight regarding this survey

Of course this is an averaged estamation based on the responses and the survey was done in 2015.
Stuff already seems progressing quicker than expected (incl for Ripple).

It shows the expectations the respondents in the ICT sector have.

Blockchain ISO standards developments

There are ISO standards being developed for "blockchain and distributed ledger technologies".
Such standards are necessary (imo) for real worldwide adoption. Currently the stages of those ISO standards are 'Preparatory' (stage 20.00) at most.

Here is an overview of participating and observing countries:

This standard is an initiative by Australia. From the roadmap for blockchain standards of Standards Australia (march 2017):


Over the course of a number of years there has been growing use and application of blockchain technologies across a number of sectors of the Australian economy and globally. This includes in the financial services sector, government services and supply chain management. Whilst this technological developments and use-rates have increased, confidence in the technology is also gradually growing. The development of International Standards to support privacy, security, identity, smart contract, governance and other matters related to blockchain technology may contribute to further establishing market confidence in the use and application of the technology.
In April 2016 Standards Australia submitted a New Field of Technical Activity (NFTA) proposal on behalf of Australia for the International Organization for Standardization (ISO) to consider developing standards to support blockchain technology. The proposal for an NFTA to the ISO was intended to establish a new ISO technical committee for blockchain. The new committee would be responsible for supporting innovation and competition by covering blockchain standards topics including interoperability, terminology, privacy, security and auditing.

Small overview of roadmap here.

So even though the current status is 'Preparatory' at most, the ISO standards ARE being developed at this moment.


Boiling fintech in Luxembourg; Infrachain


On November 23, 2016 [..] Luxembourg Prime Minister Xavier Bettel announced the launch of the "Infrachain" project.
This initiative will eventually bring together various private and public actors in order to very concretely understand
the possibilities offered by blockchain technology, considered revolutionary.

From website:


INFRACHAIN has its origines as a Luxembourgish non-profit organization supported by the Luxembourg government and created by the emerging Blockchain-industry. We now strive to become a European non-profit organization putting in place community driven governance for operational Blockchain use.

We are a Blockchain community, non-profit organization, committed to create an on-top governance framework allowing Blockchain applications to become operational in the current regulatory environment.

Based on this observation and in order to accelerate the adoption of Blockchain, Infrachain has been created. This project aims at leapfrogging the adoption curve of Blockchain by creating a community-driven permissioned-Blockchain network. Infrachain provides Blockchain services to all aspects of the economy (Fintech, Healthcare, Public services, Supply chain management, etc.).


Infrachain is bridging the gap between a still young and not yet mature technology and the centralized view of regulators and organizations.
Our main objective is to bring blockchains ecosystems the same level of governance and compliance than classical environments while keeping the 3rd party distributed trust intact, even in private chains.

Q1 2018 introduction paper

Now lets view Infrachains members page:




This shows that big players in the industry like Ant Financial are actively busy progressing to realworld usage / adoption. Also interesting Ant Financial is active in Luxembourg it seems. Talking about Ant Financial, their brand Alipay has some plans. Exciting blockchain/fintech times ahead imo.

For speculation; Snapswap, KPMG, Telindus, Deloitte have some connections to Ripple.

SnapSwap USA (a Ripple gateway) stopped but the key executive was Denis Kiselev, which is still active at SnapSwap International S.A. in Luxembourg.
KPMG slide mentioned Mastercard tested
Ripple payments blockchain solution (just noticed the slide author is Unilever, big Dutch company that had 52.7 billion euro turnover in 2016)
Telindus has a Ripple validator running
Deloitte (37.8 billion usd turnover) senior manager for innovations talking Ripple here and here. Maybe he is in the community somewhere.

Also in Japan the selfregulated Japanese Cryptocurrency Exchange Association was created which fits above progress (ISO standards under development / Infrachain trying to accelerate blockchain adoption by community created regulation).

Good to see these initiatives which should help accelerate blockchain and/or crypto use by setting standards & guidelines at a moment there is still some regulatory unclarity.

Edited by edwin90
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10 hours ago, panmores said:

Amazing work, @edwin90

What might this mean for Ripple & XRP?

As big players seem interested in accelerating blockchain adoption this might help moving a lot of value in general into blockchain. So no testing or doubting but real worldwide use with lot of value on the move. Big players are a bit cautious at the moment because blockchain is new territory so some standards, best practices (for security for example), a smooth ecosystem and regulatory clarity will help big players to really use blockchain in their business

Like the WEF survey, some people expect about 10% of GDP into blockchain. If just a little part flows through xrp ledger that would be noticable in volume and demand i guess.

Also lets not forget the W3C Web Payments standard that makes mobile payments (through ILP or other solutions) easier, another sign of maturing fintech.

In summary: both Ripple and XRP benefit from a matured industry with standards, clarity and adoption

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