As the Ripple company reports five more companies in the sphere of payment services from Europe and Asia intend to begin to use xVia technology from Ripple.
FairFX, RationalFX and Exchange4Free which are based in Great Britain, and except them the platform on currency exchange of MoneyMatch from Malaysia and the UniPay company from Georgia were among new clients of the company.
The high vice-president of Ripple Ashish Birla said that use of Ripple xVia technology will help these companies to expand the client basis:
"All these clients faced the same problem: connection and operation with banks and payment networks worldwide, it is expensive and a lot of time requires. xVia will allow us to reach more people, more efficiently and at a lower cost. It will also enable us to deliver on our commitment to give customers the most transparent, efficient and truly global money transfer experience possible using RippleNet.".
In the blog Ripple reminded that, unlike traditional international transfers, such as bank transfers, the standard API solution of xVia works without failures and does not need manual check.
The executive commercial director of FairFX James Hikman said that xVia "will allow us to attract more clients, is more effective also with smaller expenses":
Ripple will provide a new algorithm of a consensus on support of further decentralization of a network soon. Cobalt – essentially new asynchronous algorithm of a consensus directed to improving of the existing XRP protocol by means of creation of bigger flexibility during creation of the unique list of nodes.