Indus bank and Ripple tie-up

in cryptocurrency •  7 years ago 

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  • When it comes to adoption of Blockchain then centralized versions of Blockchain are first to be tested by any organization or government.
  • Because that word centralized give government and other organization a hope that it's something similar to them.
  • May be that us the reason why ripple is experimented by most of the banks for performing their transaction at a cost lower than current norms.
  • Indusind an indian bank Join hands with ripple to facilitate payment into and out of the India.
  • In similar way ripple is likely to be welcomed in other developing countries for providing a cheap alternative for making international transactions.
  • In 2017, India saw a total of $65 billion move into the country.

Source


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You got a 7.63% upvote from @dailyupvotes courtesy of @singhrajat!

Good news, thanks for your nice article. Grow up.

Who should grow up, ripple or me 😁

  ·  7 years ago (edited)

For both dear @singhrajat.

Ripple is getting some real good news as of late. I really do think the investment by many of the well established corporate entities will have a huge impact on the staying power of Ripple. However, still not convinced that Ripple's structure best accomplishes what blockchain looked to accomplish. Do you see Ripple's rise as good for the cryptocurrency market as a whole?

I consider Ripple as bridge between cryptocurrency and rest of the world, as everyone is familiar with centralized organisations and always want to go with it. May be they feel safe with centralized. So an org like ripple can introduce cryptocurrency and its benifites to which will slowly result in adoption of Blockchain and it's decentralized version. So I guess its good for future of crypto

Not a bad thought, I guess I hadn't thought about that. I probably just get to engrained in the idea of what the blockchain is meant to be and don't like the idea of essentially creating a private federal reserve but, if it does get more people adopting cryptocurrency then maybe it is for the best.

Ripple to the moon, at least we can hope

Ripple is at 60 Rs now so better buy in a lot now eh.

Yes your right, because with its increasing acceptance it's prices are likely to go to moon ☺

hmm,good job.

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Great post!! I appreciate all of the information and I plan to be putting together a post about Ripple in the near future. If you get a chance, check out my post I just made about Nexus. I would be interested in your feedback. Thanks!! #Upvoted

https://steemit.com/bitcoin/@cool-mike/nexus-the-future-of-cryptocurrency