Ripple: The Future of Banking Industry

The Ripple XRP coin is not like Bitcoin it has completely different role and has very sophisticated goal behind its presence which is to accelerate the transfer of fund through banks and eliminate the complexity of traditional conversion and its slowness. The most wonderful things for financial institutions is to reduce cost and rise the margin of profit which is provided by technologies of developer of this famous digital currency.

Currently this currency is available at near 20 cents and its value is likely to rise dramatically in the coming months. Of course its value has been affected by the Bitcoin crisis in China which occurred in September and continues its disappointing result. Falling from 25 cents to 20 cents we can say that it is very small if compare from other currency which lost good proportion of their value.

After being ranked 4th , the Ripple coin now ranked 3rd superior to newly born coin in 2017 which is the Bitcoin Cash.

Investing in this currency is attractive to those who are interested in real time digital currency as it is promoting a technology that will change the world of banking and the financial system in the world significantly.

Please upvote the post if you like this article. And also follow for more updates and knowledge about cryptoworld.
THANK YOU