How a bitcoin rival could create a global supermoney
A report from EraNova Institute, home of the Smart Green Deal™
See our report in American Banker. Written in 2014, it forecast the rapid rise of Ripple — from obscurity to the world’s number-two cryptocurrency with a market cap in the 10’s of billions.
Favored by the banking community, Ripple enables the near-instant, direct transfer of money between any two parties regardless of currency type — U.S. dollar, euro, renminbi, Indian rupee, yen, gold.
Such technology helps create a sustainable future by shrinking transaction costs and speeding positive actions of every kind.
An up-and-coming rival to Ripple, which we also support, is Stellar, now the number-five cryptocurrency. Yet another is IOTA, the leading contender for monetizing the internet of things (IoT) and using the least energy to power escalating transactions.
