Ripple News Update
Although Ripple prices are enmeshed in the market-wide cryptocurrency slump, shrewd investors might have noticed a positive signal buried amid the noise.
What am I talking about? Well, there was a report that SWIFT, Ripple’s main rival, is talking up its efforts in distributed ledger technology (DLT). For the uninitiated, DLT is the core innovation underlying Bitcoin, Ripple, Ethereum…basically, all the cryptocurrencies in existence.
Ripple wants to disrupt SWIFT by using these distributed ledger innovations. That’s why it is comical to see SWIFT claiming proficiency in DLT. It’s not their strong suit! The mere fact they are.
Written by Gaurav S. Iyer, IFC @ https://www.profitconfidential.com/cryptocurrency/ripple/xrp-price-prediction-swift-tries-combat-growing-xrp-threat/ March 9, 2018 Gaurav S. Iyer, IFC