Is Ripple and XRP ready for mass bank adoption?

Is Ripple and XRP ready for mass bank adoption?

The recently concluded Swell event by Ripple provides deep insights on what is Ripple doing and how its going to fare against SWIFT.

  • They announce prior to SWELL that they reached 100 bank signups.
  • First movers are in a panel and discussed their experience with RippleNet technology and how it impacted their business.
  • It announced prior to Swell that Cuallix is the first company to use XRP to facilitate money transfer to and from Mexico and USA.
  • Melinda and Bill Gates Foundation partnered with Ripple in developing an open source software called Mojaloop to provide a standard in payments for interoperability between different ledgers and platforms. This was announced in the separate event by SWIFT called SIBOS. 🙂
  • Brad Garlinghouse answered that the company will exert much more effort to provide XRP much more value that it currently is.

Question is: Is Ripple and XRP ready for mass bank adoption?

 

 

 

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