Countless banks around the world are already testing distributed ledger systems in proof-of-concept trials. Chris Larsen Read Quote
We don’t think the blockchain can do most of what’s been ascribed to it. But we’re entering the Internet of value – and that is very much underhyped. Chris Larsen Read Quote
The Ripple network is a protocol. It’s like HTTP for money. Users, merchants, anyone can use it for free without a license. Chris Larsen Read Quote
A lot of financial technology is foolhardy. Saying, ‘We’re going to kill banks. We’re going to disrupt everything,’ ignores some realities. Chris Larsen Read Quote
A distributed ledger is basically a shared database that allows institutions to directly send and receive money in a trustworthy fashion without a middleman. As a result, we have the capacity to connect the world’s payment systems for the first time.That’s a big deal. Chris Larsen Read Quote
Banking now is like sending a letter: you send it, you don’t know if it reached there. Ripple is more like sending an iMessage: you send it, and you immediately know. Chris Larsen Read Quote
Banks can send big corporate payments through existing channels or send a small payment through Ripple. They don’t have to rip out existing infrastructure; they can use Ripple to make the transactions more profitable or more efficient. Chris Larsen Read Quote
2016 has proven to be the year where the most forward-thinking financial institutions are actually using blockchain technologies for payments and settlement rather than as an experiment. Chris Larsen Read Quote
We saw for a time that digital currencies were radioactive to banks, but that’s not the case anymore. Chris Larsen Read Quote
You can hold your Bitcoin in Ripple. We want to be agnostic to any currency, whether that be a virtual currency, political currencies, or peer-to-peer currencies. Chris Larsen Read Quote
