DividendGamer Posted December 5, 2018 Share Posted December 5, 2018 Just saw this and wanted to make sure more people were aware of it. https://www.google.com/amp/s/zycrypto.com/swift-embraces-blockchain-introduces-new-electronic-payment-system-to-reduce-delays-and-knockout-ripple/amp/ Link to comment Share on other sites More sharing options...
Guest Posted December 5, 2018 Share Posted December 5, 2018 Knockout Ripple? With an electronic payment system? Someone hasn't been doing his research. Link to comment Share on other sites More sharing options...
Zerp_Legend Posted December 5, 2018 Share Posted December 5, 2018 Swift is helping ripple by making their system better / more accessible and Corda + ripple = swift killer sophievu, Cesar1810 and ZerpTidalWave 2 1 Link to comment Share on other sites More sharing options...
peanut56 Posted December 5, 2018 Share Posted December 5, 2018 (edited) Sounds like an Xcurrent competitor. I heard they were working on this, however it still does not free Nastro accounts. It also doesn't seem to have a plan for a neutral international liquidity asset. So yes it is competition. Will it out perform ripple? It is a possibility in the sense that if it works so much better than Xcurrent then ripple as a company could go bankrupt. However, it may be to late. This scenario is why ripple holds so much XRP; a way to weather the storm. Edited December 5, 2018 by peanut56 mandelbaum 1 Link to comment Share on other sites More sharing options...
Guest Posted December 5, 2018 Share Posted December 5, 2018 Just now, peanut56 said: Sounds like an Xcurrent competitor. I heard they were working on this, however it still does not free Nastro accounts. It also doesn't seem to have a plan for a neutral international liquidity asset. So yes it is competition, will it know out ripple. It is a possibility in the sense that if it works so much better than Xcurrent then ripple as a company could go bankrupt. However, it may be to late. This scenario is why ripple holds so much XRP; a way to weather the storm. PayPal is an electronic payment system. Is that competition? Link to comment Share on other sites More sharing options...
mandelbaum Posted December 5, 2018 Share Posted December 5, 2018 It´s electronic? Wow. Deeznutz 1 Link to comment Share on other sites More sharing options...
peanut56 Posted December 5, 2018 Share Posted December 5, 2018 I don't know if you were referring to me or not. In a way everything involved with payments can be competition, however it can also be complementary. Link to comment Share on other sites More sharing options...
scoobysi Posted December 5, 2018 Share Posted December 5, 2018 6 minutes ago, peanut56 said: It is a possibility in the sense that if it works so much better than Xcurrent then ripple as a company could go bankrupt. At the risk of giving it too large like the cocky CEOs we love to laugh at, it would take waaaay more than that to send Ripple anywhere near a cash flow that could even snigger in bankruptcies direction? Link to comment Share on other sites More sharing options...
Guest Posted December 5, 2018 Share Posted December 5, 2018 Anything with the word Electronic in its name is harking back to mechanical days. This sounds like a faster horse that eats less. Link to comment Share on other sites More sharing options...
Guest Posted December 5, 2018 Share Posted December 5, 2018 11 minutes ago, peanut56 said: I don't know if you were referring to me or not. In a way everything involved with payments can be competition, however it can also be complementary. It's rather the journalist that I am referring to. xCurrent is a messaging system. PayPal is a payment system. This article is garbage. Link to comment Share on other sites More sharing options...
Uloveme Posted December 5, 2018 Share Posted December 5, 2018 (edited) https://www.swift.com/news-events/news/14-major-banks-join-swift-gpi-pre-validation-pilot-focused-on-error-detection When looking at the news from Swift themselves I really don't see how this ever could be a threat to xRapid. Again, FUD articles spreading bull shat. The timing is also too perfect with the R3 announcement. Tell me I am crazy, but this is just some desperate way to cause FUD for XRP. They are losing and they can't stop it. Just quit. Edited December 5, 2018 by Uloveme Link to comment Share on other sites More sharing options...
Trickery Posted December 5, 2018 Share Posted December 5, 2018 I'm gonna duct tape a camera to my phone to make a smartphone Deeznutz 1 Link to comment Share on other sites More sharing options...
peanut56 Posted December 5, 2018 Share Posted December 5, 2018 (edited) So this is the only thing I saw. From the above article that could be a concern. Than the question is, what is the implementation process? "Next year, the gpi pre-validation service will be complemented by a new investigation and reconciliation service that will facilitate the settlement of any remaining payment inquiries and investigations." Sounds the old horse is being juiced. Once that happens it's only a matter of time until it wakes up one day and can't walk. Then it must be put down for humane reason. I say when its time, put in a pasture and let graze so it can enjoy its retirement. Edited December 5, 2018 by peanut56 my english and typing skills are horrible. Link to comment Share on other sites More sharing options...
Roaring_Twenties Posted December 5, 2018 Share Posted December 5, 2018 Electronic Blockchain-based Payment System. I don’t know… I’m not the sharpest tool in our crypto shed. I see all the great talent Ripple has moving cross-border payments into the bleeding edge of technology and proven performance, and I just don’t feel threatened by news of SWIFT rolling out an ‘electronic blockchain-based payment system’. Maybe if the article included the performance aspects and compared SWIFT’s new system to RippleNet with XRP in terms of access, speed, certainty and cost; then it could mean something. But an article that says they rolled out a new system and doesn’t do the performance comparison doesn’t come across to me as being upfront and well-informed. For me, the article comes across as SWIFT is responding with a little fear and perhaps desperation. I would be just as impressed if SWIFT would have launched a Super High Intensity Transfer System for cross-border payments. At least then they’d have a system with an acronym everyone could remember. Deeznutz, Trickery and Moonraker 3 Link to comment Share on other sites More sharing options...
btemtd Posted December 6, 2018 Share Posted December 6, 2018 dudes its hyper ledger Difference between Hyperledger and Ripple There is no currency for Hyperledger, but Ripple has XRP currency. The governance of Hyperledger is Linux Foundation and Ripple Labs of Ripple. The state of Hyperledger is key-value database, but there is no state for Ripple. The platform for Hyperledger is General purpose Blockchain and Payments Blockchain of Ripple. The consensus algorithm used in Hyperledger is pluggable PBFT and Ripple use Ripple protocol. Hyperldger uses private network and Ripple uses public network. Ripple is proved to be the best cryptocurrency of 2018 . It is one of those companies that are regularly updating their blockchain for the mutual benefit of the investors. Hyperledger has announced that the Ripple is among those companies that have joined its Blockchain Consortium. To know more about Hyperledger you can watch below shared videolink : https://qr.ae/TUtsfD sophievu 1 Link to comment Share on other sites More sharing options...
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