2018-12-12 00:43 |
Ripple’s Exec, Ross D’Arcy Emphasizes On Ripple’s Effort On Frictionless, Cross-Border Payments And More
As the crypto market continues to plummet, investors are either holding on to their hope or are panicking. For the firms conducting business within the market, many seem to remain neutral with the exception of Ripple.
According to AMB Crypto, Ripple executives continue to educate users on the potential Ripple has and the efforts taken to make their objective of creating frictionless cross-border payments as real as it can get (https://ambcrypto.com/ripples-european-official-speaks-about-xrp-and-the-use-cases-of-xvia-and-xrapid/).
During an event dubbed,
“Impact Fintech 2018,” Ripple’s Sale of Director for the European branch, Ross D’Arcy touched on the different points that make both Ripple and its products effective. According to D’Arcy, simplicity is key as they “want to make exchanging value as simple as exchanging commodities.”
As for the XRP token, D’Arcy argues that Ripple is in the works to bring use cases for the token, while using blockchain technology to “better the concept of cross-border payments.” He also seems to be convinced that both Ripple’s products, xVia and xRapid, can help towards “building the liquidity needed and taking care of the end beneficiary.”
Moving forward, Ripple plans to establish more partnerships, especially from “West to East” and as per AMB Crypto, future bank partnerships may be established with those in Brazil, the Middle East, and South Asia to name the least.
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