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2ndtimearound

Multi-hop means SWIFT GPI is already obsolete

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On 10/1/2018 at 4:30 PM, Hohenheim said:

The Boss at Mercury Fx thinks so too.. :)


Alastair Constance, CEO of MercuryFX, says his company is jumping on board with xRapid because the product has evolved in two key ways: “There’s never been a dispute about speed or trust in an economic case,” he says. “But it’s become a lot more user-friendly, and also its geography has expanded. I’m getting the feeling that many others are primed to jump on the XRP ledger now. The bottom line is I can make a payment that takes me two days and costs me $50, or make it in a few seconds for 5 cents. It’s a no-brainer. I think this will quietly replace the SWIFT network.

What's the source on this? You have a link to the conversation or article where he stated this?

Edited by doopers
Clarification

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