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Ripple Losing the Central Bank Race: Experimental Bank of Canada’s “Cross Border, Cross Currency” System Runs on Corda.

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1 hour ago, Benchmark said:

1) This is an experiment

2) Ripple works with other central banks

3) The part 'losing the central bank race' is utter BS

4) Yes

5) Ethereum allowed a sh!tload of ICO-scams to wreak havoc in crypto, setting the whole place back

6) Proof of Work has met its limits

This☝️

and what if R3 and Ripple were steered towards some form of cooperation..  o wait

 

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3 hours ago, lucky said:

Corda does not have a native asset that is universally accepted, globally. Unless R3 and Ripple came to an agreement....

 

Yoshitaka Kitao October 30, 2018

"You will have to make such a project that will make R3 use XRP in earnest.When the two companies hold their hands it will be possible to cover almost all fields.In addition to international remittances, XRP There is the possibility that it will be widely used.We are discussing with SBI R3 in order to create SBI-R3 Asia similar to SBI Ripple Asia. "

 

 

 

here's the full video

at the 39:00 min mark - use subtitles (the translation is far from perfect, but it matches with the google translated article IMO)

 

Edited by VanHasen

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Quote

 

https://www.coindesk.com/r3s-new-corda-app-supports-payments-in-xrp-cryptocurrency

Distributed ledger technology provider R3 has launched the Corda Settler, an application aimed to facilitate global cryptocurrency payments within enterprise blockchains – and it’s starting with XRP.

R3 said XRP is the first globally recognized cryptocurrency to be supported by Settler, bringing the Corda and XRP ecosystems into closer alignment – something of a rapprochement considering Ripple and R3 were previously locked in a legal dispute.

“The deployment of the Corda Settler and its support for XRP as the first settlement mechanism is an important step in showing how the powerful ecosystems cultivated by two of the of the world’s most influential crypto and blockchain communities can work together,” said Richard Gendal Brown, CTO at R3, adding:

 

Ripple is winning the race.

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