#Goldman #Sachs expert Andrew Lokenauth stated in his statements that Ripple will go public after the SEC lawsuit.
Goldman Sachs expert Andrew Lokenauth believes that #XRP will set a precedent as a public cryptocurrency once the Ripple foundation can resolve its issues with the US Securities and Exchange Commission (SEC).
đź“ŚCase Conclusion and Expert's Comment
“Ripple will redefine online payments, and once the SEC case is settled, Ripple will go public and go public , ” Lokenauth said on the subject . used his words.
On the other hand, Lokenauth states that the main benefits of using the Ripple protocol include fast transactions and reduced risk. So, according to the expert name, Ripple is replacing SWIFT, which has expensive and slow transactions.
đź“ŚFuture Prospects for Ripple
Speaking to Cryptopolitan.com, the expert said that XRP uses the Ripple protocol and can provide a much faster and cheaper infrastructure for interbank payments. Thus, Ripple will provide financial institutions and companies with a fast and efficient mechanism to move money around the world.
In addition to these, the expert says that eventually #SWIFT will also use #Blockchain technology. According to Lokenauth, #Ripple will have a unique position at this point.
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