The influx of Ripple’s (XRP) blockchain technology has been changing the traditional global financial system. Banks and payments services companies continue to advance their relationship with ripple – more than 100 private and public companies have announced testing ripple products (xCurrent, xRapid and xVia) in order to improve their transaction costs and times for domestic and cross-border payments.
Indeed, the Chinese and Indian financial sectors are looking toward ripple’s products to advance their payment systems – both countries have officially warned their citizens from cryptocurrency trading. In fact, China has completely banned domestic and international blockchain …
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