- Nov 12, 2012
- 1,568
- 893
Centralized or not, ripple is growing.
When XRP will officialy be used for transaction after the testing period i think the market cap will get much higher than what it is and even bypass ETH at the second position.
https://www.ccn.com/western-union-confirms-ripple-blockchain-trial-will-feature-xrp-integration/
We’ve been testing different products with Western Union for a while,” Ripple said. “We’re excited about our work towards a pilot implementation of xRapid, which uses XRP in payment flows.”
Western Union CTO Sheri Rhodes told Yahoo Finance that the 167-year-old firm, which was first founded as a telegraph company, is interested in blockchain technology for a variety of reasons:
“We continue to explore possible blockchain applications for our business, and we are piloting some settlement tests with Ripple for certain corridors. For blockchain in general, we’re looking at areas such as transaction processing and settlement, working capital optimization, regulatory technology, and digital identity. We have a strong platform and system that work well today, but we continue to explore and test whether these technologies could potentially reduce costs and improve the customer experience,” Rhodes said.
When XRP will officialy be used for transaction after the testing period i think the market cap will get much higher than what it is and even bypass ETH at the second position.
https://www.ccn.com/western-union-confirms-ripple-blockchain-trial-will-feature-xrp-integration/
We’ve been testing different products with Western Union for a while,” Ripple said. “We’re excited about our work towards a pilot implementation of xRapid, which uses XRP in payment flows.”
Western Union CTO Sheri Rhodes told Yahoo Finance that the 167-year-old firm, which was first founded as a telegraph company, is interested in blockchain technology for a variety of reasons:
“We continue to explore possible blockchain applications for our business, and we are piloting some settlement tests with Ripple for certain corridors. For blockchain in general, we’re looking at areas such as transaction processing and settlement, working capital optimization, regulatory technology, and digital identity. We have a strong platform and system that work well today, but we continue to explore and test whether these technologies could potentially reduce costs and improve the customer experience,” Rhodes said.
