It’s certainly not ridiculous to believe that the cryptocurrency Ripple could bring big changes to the global Financial Services market.
Not sure what is Ripple or what makes it special?
With the National Bank of Abu Dhabi recently adopting Ripple Cryptocurrency software, this seems a great time to mine Lord Google for some data:
·Ripple has the third-largest market cap in the cryptocurrency industry.
·Ripple is designed for seamless transactions which can be settled by banks in real time, resulting in lower transaction fees for both banks and customers.
·Ripple seems poised to become a favorite among financial institutions.
·Ripple is focused on facilitating cross-border transactions and may be used to complete transfers across multiple distributed ledgers.
Read more here: https://briandcolwell.com/2017/06/the-ripple-effect-internationalizing-the-banking-industry/.