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7 international banks to begin cross-border payments with Ripple in 2018

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Guest

would like a native translation of this 

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3 minutes ago, lucky said:

One dollar this year

If these noble group of biggest international banks will be using Ripple for just 5% of their transfers, then $1 is a very low guess.

And we though it would take 2-5 years for the "Parity Day"...

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Guest

am i missing something? is this diff type of hype/news to previous banking/consortia announcements? if so, how?

cheers

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3 minutes ago, zerpdigger said:

am i missing something? is this diff type of hype/news to previous banking/consortia announcements? if so, how?

cheers

Unlike others mentioning SOON, this one provides a definitive timeline. Its also international vs regional implying this has cleared several milestones and barriers (different systems, regulations, requirements, etc.). When this goes live it should incentives the other consortium's to go live (if not already done) because there is 1) someone to trade with, 2) proof it will work, 3) fear of being left behind- the article said the cost saving s will be passed onto customers implying a business risk of being left out (market share)

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