Ripple Scaling Up

XRP (Ripple) is running the market this week on supporting news regarding development and further penetration of the financial industry. More then over XRP we are exciting over Ripple Payment Protocol which is going more and more “public”. Recently a new wave of banks opened up to pilot projects on Ripple Protocol, among them: MUFG,BBVA, SEB, Akbank, Axis Bank, YES BANK, SBI Remit, Cambridge Global Payments, Star One Credit Union…

Why do they have the advantage? “The world’s largest banks have been the first to adopt Ripple’s technology, and the network effect from our customer base is accelerating,” said Ripple CEO Brad Garlinghouse. “People know Ripple is the only Blockchain solution for payments that is proven in the real world, and it’s driving demand from financial institutions of all kinds and sizes because they want to stay ahead of the curve.”

We will discuss technical solutions that Ripple Protocol provides in the next week. Our market making algorithm is being developed for implementation between several gateways within the network, so we are directly exposed and also prepared for the increased volume of transactions.