Ripple’s blockchain technology and currency are not just persuading the cryptosphere of how useful they are, but they are also enticing some of the world’s biggest firms that would not have come close to the blockchain tech otherwise. If you are an investor you should keep a close eye on Ripple, let us tell you why.
Recently Banco Santander announced the release of OnePay FX which is a blockchain app intended to make international transactions quicker, safer, cheaper. And it’s based on Ripple’s technology (it also uses the coin sometimes).
The partnership with Banco Santander is a huge deal. This is the bank considered to be the world’s best as of today, and it has a presence everywhere in Europe and the Americas.
Santander will use Ripple’s blockchain and platform to carry out its international transfers, improve their customer service dramatically and save a ton of money on the way. This makes Ripple an essential player in this field as one of the very few crypto coins that have managed to find its way to the mainstream and provide a real-life service for actual people and actual firms. Keep in mind that the financial industry is very conservative and very averse to change.
If Ripple has persuaded them to adopt their platform and the coin (to some extent, to very little extent as of now) to do things differently, it’s because the service they are providing is precious indeed. And new partnerships with some of the big world players keep getting announced frequently. Read more from globalcoinreport.com…
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