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Showing posts from December, 2017

The Fundamental Value of XRP

Much of the public discussion about digital assets today revolves around price. Companies hope for a pop on an initial offering to raise funds, investors seek to ride an asset for a long-term payday, or consumers try to time market moves for a quick buck. But while this emphasis on price may be appropriate for most assets, it does a disservice to XRP. The ultimate merit of XRP lies not necessarily in its price, but in its institutional value and use cases.  XRP  is the only digital asset custom-built for enterprises to facilitate the transfer of value. This aligns with Ripple’s vision to create a global  Internet of Value , by acting as a reliable, on-demand option to source liquidity and send cross-border payments. Ordinarily, a company managing a cross-border payment would send money through traditional accounts that take three to five days to settle. Alternatively, a company can speed up this transaction by pre-funding nostro accounts in the recipient’s coun...

Ripple (XRP) – Why BTC Might Want To Start Getting a Little Terrified

Our recent article ‘Could Ripple XRP Be About to Hit Mainstream Retailers,’ was received with some controversy. In that article, however, we simply looked objectively at how over 2017, Ripple (XRP) executives have been positioned in a way which is suggestive of a future attempt to dominate various world retail payment markets. Fast forwarding just 24-hours and it looks like this might already be happening. After initially partnering with Singapore bank Standard Chartered and UEA Rakbank on November 22nd, Axis bank in India has begun rolling out Ripple based instant retail payment channels. What should perhaps be of more concern to Bitcoin, however, is the fact that Ripple (XRP) isn’t satisfied with just monopolizing the Indian retail market. To top that, Ripple XRP now also wants a slice of cryptocurrency exchange Coinbase. Will a Change.org Petition Soon See Ripple be Given the Spotlight on Coinbase? At present, people looking to buy Ripple XRP can only do so by either buyin...