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Ripple Payments


Duke67

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I think that re-branding ODL to Ripple Payments is a very good idea.

It’s simple. It delivers a clear message. It clearly communicates what are you going to provide.

When you try to come with innovation in such a conservative and highly competitive industry as banking is, you are naturally facing challenges at many levels, like what is the nature of the innovation, how is the innovation seen by the potential users, how is it seen by industry peers, how does it fall within the legislative frame, is it an innovation at all, how to put the innovation’s new language into the industry that already is established, etc… It may seem to be simple, but it definitely is not.

When the xRapid was announced I recall that it was somehow making a sense. Then the On-Demand Liquidity was even far more clearer with an added hint (!) - nice. But this latest name is even better.

Ripple Payments.

Clear. Simple. Amazing. Brilliant.

Finally!

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They changed the name like 3 time....wtf.....which one is going to be next year...

you cannot just change the name of your product every couple of years....it is stupid, makes you insecure, undecided  etc....

Completely unprofessional.

 

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4 hours ago, mambli said:

They changed the name like 3 time....wtf.....which one is going to be next year...

you cannot just change the name of your product every couple of years....it is stupid, makes you insecure, undecided  etc....

Completely unprofessional.

 

Let's hope that it isn't already already a trade mark in Australia etc!

Edited by WarChest
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I thought the big selling point was fast settlement as opposed to just payments, so if anything that name is less clear than before. Everyone does fast payment, not many do fast settlement, but Ripple does. But good marketing trumps the technicalities I suppose.

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1 hour ago, at3n said:

I thought the big selling point was fast settlement as opposed to just payments, so if anything that name is less clear than before. Everyone does fast payment, not many do fast settlement, but Ripple does. But good marketing trumps the technicalities I suppose.

Good point. But would not "Ripple Settlements" sound like some debt collection company? Let's not forget it's also about market education, maybe after 2 more years...

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