Panel " Let's send the money!" at Paris Fintech Forum 2019

SWIFT hat nach 40 Jahren sein geschlossenes, unilaterales Nachrichtensystem kürzlich um ein ID-Feld zur Zahlungsverfolgung erweitert und bezeichnet dies als revolutionär

Demgegenüber haben wir xRapid - ein bilaterales Nachrichtensystem in einem offenen Netzwerk, welches mittels XRP Vermögenswerte überträgt.

Garlinghouse (Ripple) versteht die ganze Entwicklung hin zum "Internet der Werte" und vergleicht SWIFT mit AOL, die mit dem immer dezentralisierteren Internet untergingen:

"When we talk about what the SWIFT network is today, it's a closed network. It has a lot of members on it - for sure - but AOL had a lot of members. And when we moved into the age of the Internet, and a decentralized, democratic network ... I think what you're seeing introduced with blockchain technologies ... and it's not just Ripple.

When we think about interoperability, we think about interoperability between many blockchains ... and I think that the future we see is certainly one of many networks; interoperable networks. And reducing the friction of those payments to close-to-zero.

And I think you're going to see a lot of innovation spawn from that. Apart from Ripple; part of the entire ecosystem ...

... It's (SWIFT GPI) a step forward when you're switching from - if I may - horse and buggy, to 'hey, can we make the horse and buggy go faster?' Sure, but if we can just move to a Ferrari, let's do that."

Leibbrandt (SWIFT) spricht die Angst seitens der Banken an, die sich mit XRP (oder mit Cryptos generell) einem unnötigen Volatilitätsrisiko ausgesetzt sehen. Diesem wird von Garlinghouse wie folgt begegnet:

"Volatility is just a mathematical calculation of time, times volatility. If you hold fiat, for, say, an average SWIFT transaction takes in the order of magnitude, two days; that's about a hundred and eighty thousand seconds.

An XRP transaction is three seconds.

So, if you take a low-volatility asset, times a long duration (fiat), or a high-volatility asset times a short amount of time, it turns out that, mathematically, there's less volatility risk in an XRP transaction than there is in a fiat transaction."

Die Körpersprache spricht Bände.

"Ripple is hiring."

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Gruß!™

Time is the school in which we learn,
Time is the fire in which we burn.

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