Indepth study of ripple

in Steem Schools3 years ago

When we look back on these days in history we will remember the year the world as we knew it disappeared . It made us question how far were we willing to give up our freedom in the face of a pandemic that is not the most deadly humanity has ever faced, but it has by far been the most destructive in the sense that it has been ruthless to the poor. The families that were barely surviving now had a slim chance of surviving . We have seen so much death and anger and that is the saddest consequence of the hard lock down and total freeze the world took way back when we were watching Italy struck with a high death toll. But the thing is this is all part of the reset the great transfer of money it was one of the subjects that got its own time to be planed and it was called exactly what it is . THE GREAT RESET . Now the good news is we are the most advanced human beings to have walked the earth yet , that is not by luck or chance , it is the product of evolution and the fact that we are now moving into a time where we will have more time with less troubles giving us the break we need to find inner peace and tranquility .

XRP is the coin that will be linking and enabling all liquidity to be traded according to the value witch is determined majorly by the ancient basic rule of supply is fueled by demand, like the crypto industry it is mostly controlled by that rule. That being said I am not ignorant to the whales out there manipulating the market with the amount of BTC they hold .

XRP WHERE DOES THIS BECOME REALITY
.

It is RippleNet that has started the rise and rise of XRP . I will elaborate more but for now we have to look into haw the company Ripple has done extraordinary things to promote XRP . Ripple had over 100 contracts with central banks around the world before the law suit and that number was over 300+ according to Ripple on the 02 of February 2021.
this is all possible thanks to the changes made to the terminology by Ripple sometime around October 2019 .before Ripple offered three classes of services xRapid, xCurrent and Via. xRapid was the service that got the crypto investors interested in the company cause of the use of xrp as a intermediator for payments.. The only service offered by Ripple today is RippleNet . RippleNet is a network that brings banks and other organizations into the world of Defi RippleNet makes use of a stable platform to allow xrp to act as a intermediators for cross border payments , trading transactions, financial contracts and remittances. RippleNET does this at a tiny fraction of the price bitcoin transactions but not only is it cheap they achieve this in as fast as 3 seconds making it the closes to immediate payment in the world.
the following are only a few of the partners Ripple have secured ;
Bank of America
since 016 there have been rumors with the executives only confirming these rumors lately
American express and Santander
these partners have been official since November 2017 the price when up by 35% in a intra-day trade. But due to ignorance to the use of xrp it was only a pump and dump
SBI Holdings
since 2016 SBI partnered with R3 to streamline remittances together with the assistance of 47 banks they are working towards the solution presented by ripple for a RC platform.
MoneyGram
They are one of the Premium partners of Ripple as it is one of the few payment platforms that utilize xrp
National Bank of Fujairah PJSC
a Sharia compliant, partly state owened , They partnered with Ripple March 2020 the first remittance link to be formed with India's IndusLnd Bank
MoneyMatch
Standard Chartered Bank [SCB]
Westpac Institutional Bank
Bank of Australia
Royal Bank of Canada
UniCredit
Reisbank
ATB
National Bank of Abu Dhabi
UBS
MUFG Bank
DBS

these are but a few partners and it shows the posiblity of what xrp will be achieving to facilitate all the transactions of these partners xrp will be involved with every single transaction in the world. There have also been rumored connections to comos stellar and FLR has been oficialy anounced but these are all logical conections to make as these are the companies who are bringing inter-blockchain payments to the table and all have a direct affect on the ability of xrp to be the one world intermediator for all the financial transactions world wide .

XRP has the potential to be the new Bitcoin call it BTC2.0 it is inevitable that this will be the future . But for now Ripple are still fighting the SEC and trying to take the mantle from the S.W.I.F.T system .

only time will tell and the price of xrp 10$ 100$ 1000$ 10000$ till then we just wait patiently for the gravy train to come into the station

till next time tooooooo the mooooooon lambo

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