There is no doubt that Ripple is a household name for any crypto enthusiast with great rippling effect as the name implies. Ripple, flaunting to be a cross-border specialist has flourished in the nooks and crannies of various sector around the world. It once completed a 10 billion transaction for a multinational China based company with merger transaction cost.
While countries like Netherlands, Saudi Arabia, Canada and others recognize Ripple directly, other world countries, one way or the other also recognize the altcoin indirectly as it tools are used by institution and individuals in the countries. Ripple’s tools like Xcurrent, xRapid, RippleNet and xVia have been a major booster for the altcoin, broadcasting and taking it to the zenith.
Ripple-hyperledger relationship is not just a mere collaboration but also an outstanding one that ushers the altcoin to having access to 200 consortium of companies.
Many of the collaborators and companies, testing the altcoin have acknowledged the supremacy of its tools, flagging that the altcoin has saved them in sundry of ways.
Musing of the achievement of Ripple, which includes its proficiency, collaboration, recognition and accolades, some have been of the opinion that the altcoin is only flaunting simulated success or lip services. Another set of people also, tagged Rippled to be an altcoin that lives up to its billings. And lastly, a large number of people perceive the company as a sleeping giant that is yet to have the recognition it deserves, and it is the world most underrated altcoin.
What The Company Is Targeting And Aiming To Become.
Just like the latter set opines, Ripple CEO, Brad Garlinghouse want people to stop underrating Ripple and make the altcoin light the world. Albeit, Ripple’s collaborations and tentacles are elegant, tremendous and countless, Garlinghouse and Ripple development team are striving at great pace so that the altcoin can attain its most befitting position –the zenith. Brad in some of his statements and actions have revealed what he aims for the altcoin to become.
While the co-head of corporate and investment banking at Deutsche Bank, Marcus Schenck, opines that banks account will disappear in 5 years time, Garlinghouse provided answer to that, stating that in next 5 years, Ripple will partner with more than half of the top banks in the world. Such statement signals that Ripple is aiming to take over bank accounts, or banks complete, once they vanish.
Even though Yi Lu talked down on Ripple’s ability in China and the fact that China is a strict zone for the viability of blockchain technology, Brad says, part of its aim is to flourish in China and “there is no going back” on that.
It is now glaring that Ripple has bigger fish to fry and it is striding fast while others are slumbering.