Welcome back and thank you once again for coming back to check out this blog post and support the content we are sharing with you guys!
A couple days ago Forbes finally decided to share a positive article that mentions Ripple. The article was titles ‘Controlling The Ledger: The World’s Largest Financial Firms Embrace Blockchain’.
The article describes how some of the world’s largest financial institutions have gone from not wanting to discuss cryptocurrencies and blockchain technology to recognising the benefits it can bring to their business, and therefore are seeking ways to develop their processes using the technology. Examples are given of PNC bank using Ripple’s blockchain software as well as Santander collecting revenue using One Pay FX, a blockchain-based foreign exchange service built on Ripple technology.
It is incredibly refreshing to see Ripple being mentioned in a positive way on Forbes, as we know the majority of these mainstream news websites tend to spread FUD when talking about Ripple and XRP.
Although this is positive, they are seriously playing down the capabilities and possibilities of Ripple and XRP. The power is not just in the technology and in the network. The beauty of XRPL, ILP, interoperability and interledger is that they are creating a network of networks, like the internet of data but for value. This is where the true value lies and what the internet of things will be built on top of.
We all know where Ripple and XRP are going, so we can all sit back and be patient, whilst waiting for everyone else to realise where we are heading!
Continue to accumulate and wait and enjoy the journey, live long and HODL guys and girls and we’ll be back to share some more content with you soon!
Written by Dominic Zohreh
Twitter – domz_invests
Instagram – domz_invests