Ripple Spoke About Its Strategy Of Changing Cross-Border Payments
Co-founder and Executive Director of Ripple spoke about his vision of how crypto-technology and the blockchain would change the global payment system.
At the conference Crypto Finance in Half Moon Bay, California, Chris Larsen said that, in his opinion, payments were blockchain supplements, and mentioned how Ripple would use XRP to make payments all around the world.
xRapid is a RippleNet component that allows payment providers to reduce the cost and liquidity of global payments.
Larsen says that xRapid and the blockchain-based software solutions are designed to create not only a fast and inexpensive system, but also a reliable system.