Ripple Addresses RippleNet Updates: Multi-Hop, On-Demand Liquidity, And Customer Integration – XRP Boost In Price Expected
Ripple has been doing great this year, and besides bagging more partnerships and collaborations, it’s also gaining more recognition and adoption of its products.
The San Francisco-based company has also been boosting its digital asset XRP. The coin has been also boosted by Wietse Wind and XRPL Labs.
Ripple releases an interesting interview
Ripple has just released an extended cut of the interview with Craig DeWitt, director of product management.
This exciting interview addresses essential updates that are being made to RippleNet, multi-hop, on-demand liquidity, and customer integration.
The interview triggered tons of excitement in the crypto space and Ripple enthusiasts along with the XRP army of fans, manifested their support on Twitter.
— Ripple (@Ripple) June 14, 2019
The community was beyond excited after seeing this interview.
Someone highlighted that “You’ll be able to choose the quote that is the cheapest or fastest depending on the settlement mechanism you use…In the markets where #XRP is available, it’s #XRP!”
Another follower said, “That’s not the best bit. The best bit is where it can take days to set up. Technically the world could be connected in just a few days if the banks really wanted to.”
One other commenter praised Ripple and said: “I really hope that people can see what Ripple is doing to payments and how value flows. Their technology is revolutionary and promises to change the way the world transacts.”
A person noted that “this is bigger than what I initially thought. @ 0:30 seconds he says “facilitating payments with counterparties you don’t have direct relationships with” What does this mean? If you have facebook coin you can send/ make a payment to something that uses JPM coin?”
The thing is that XRP acts as a bridge asset able to bridge between the Facebook and JPM blockchains using Inter Ledger Protocol.
Hello!Compared to other crypto coins XRP is far more usefull then another one else available serving the big liquidity providers as bank institutions who only serve big, medium and small banks institutions or other liquidity providers. Why XRP is so undervalued? 1K steady need!
— Filipe Pereira (@FilipeForex) June 15, 2019
People are positive that XRP is going to skyrocket soon. We’ve already addressed some expert opinions which say that now is the best time to invest in XRP.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.