Ripple - Is this good for them? 28 global banks to test Swift blockchain application
At an upcoming Sibos conference in October in Toronto, banks who have been testing the use of blockchain technology on SWIFT nostro accounts will reveal the results and discuss how this will impact the future of banking moving forward in this important space.
Basically, how I interpret this is, banks are realizing they need to get involved with blockchain's ledger recording utility before they are left in the dust.
My question to the steemit community who are definitely more wise than I am is, how will this effect Ripple and where they are already at with this technology.
Does this put them in "top dog" in the banking world's offleash dog park or does it mean they will get caught up with and subsequently made less valuable?
Thoughts? Should we all be scooping up more XRP or selling off what we already have?