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Ripple Unveils RippleNet Expansion With 14 New Banks

Ripple Unveils RippleNet Expansion With 14 New Banks

Ripple Unveils RippleNet Expansion With 14 New Banks

The head of global banking at Ripple, Marjan Delatinne, said that the network of banks and financial institutions of the company, RippleNet, is expanding at an alarming rate, but in a good way of course!
Delatinne spoke in an interview with Bobsguide discussing the impact blockchain technology can have on the world of finance as well as on the world as a whole. Delatinne said that 14 banks and new financial institutions have given the green light to RippleNet over the past few weeks alone.
Ripple recently revealed that it adds up to three financial institutions a week, on average. In addition, they said they recorded more online transactions in the first quarter of this year compared to 2018. The company did not update the total number of companies that joined its network since the disclosure of more than 200 customers at the end of last year.
Delatinne said that the future of blockchain technology focuses primarily on liquidity and will first begin to achieve its biggest mark in smaller countries where capital transfer is difficult.

REFERENCES
Hampton, Nikolai (5 September 2016). " Ripple Unveils RippleNet Expansion With 14 New Banks". Computerworld. IDG. Archived from the original on 6 September 2016. Retrieved 5 September 2016.
Harney, Alexandra; Stecklow, Steve (16 November 2017). " Ripple Unveils RippleNet Expansion With 14 New Banks". Reuters. Retrieved 6 September2018.
Krause, Elliott (5 July 2018). " Ripple Unveils RippleNet Expansion With 14 New Banks. Archived from the original on 9 July 2018. Retrieved 8 July 2018.