Jump to content

SBI Kitao CEO reveals the plan for lauching SBI R3 Asia


Amigo
 Share

Recommended Posts

I've got this feeling that releasing the details of the R3 settlement is just a matter of weeks, if not days, and we can warm our jets when that happens...

Link to comment
Share on other sites

They're building the framework. The plumbing for XRP usage. 

When the faucets turn on, this is going to be massive. 

Those behind the scenes and with inside knowledge must be excited beyond belief. 

Link to comment
Share on other sites

I've got this feeling that releasing the details of the R3 settlement is just a matter of weeks, if not days, and we can warm our jets when that happens...

Following @gendal on Twitter and its obvious that with r3 there is mind shift regarding crypto in general
Link to comment
Share on other sites

On 11/1/2018 at 12:05 AM, lucky said:

I've got this feeling that releasing the details of the R3 settlement is just a matter of weeks, if not days, and we can warm our jets when that happens...

Why do you think those details would be public knowledge at any point though?

Link to comment
Share on other sites

49 minutes ago, xp3215233 said:

Why do you think those details would be public knowledge at any point though?

The original agreement involved distribution of 5 bn XRP to R3, and subsequent redistribution from R3 to R3’s partners (banks).

It is possible that parties have settled to continue with that plan, in part or in whole. That would be massive news, and something they will make public at a strategic moment. (most probably: when the final distribution to banks is fully known).

Edited by Guest
Link to comment
Share on other sites

8 hours ago, lucky said:

The original agreement involved distribution of 5 bn XRP to R3, and subsequent redistribution from R3 to R3’s partners (banks).

It is possible that parties have settled to continue with that plan, in part or in whole. That would be massive news, and something they will make public at a strategic moment. (most probably: when the final distribution to banks is fully known).

As soon as all that escrow is released the better. Having that huge supply of XRP looming in the background as a potential downward pressure on price is not great. 

Obviously it needs to be released in stages as a way of expanding the XRP ecosystem, but long term it would be nice to know that there is a finite supply of XRP actively in the system .

Edited by XRPHornets
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.