#paymentexperts

[virtualcurrencyspace]

Ripple: Aiming for the $155 Trillion“Internet of Value”

Any time you are building a business and you see a transformative opportunity, you get excited about all the adjacent opportunities, but you have to think of insertion points. But you can't boil the ocean or spread your peanut butter too thin. Today, the world sends $155 trillion across borders. If we solve this payment opportunity, we enable this Internet of Value and should have lots of other opportunities beyond that.

When Amazon started, it just focused on books. They chose a vertical, got really good at it, and expanded to other verticals. We see lots of other compelling verticals to go after in the blockchain space.

Bank liquidity is measured in the trillions of dollars. And using a digital asset to change the nature of how banks can reduce their costs and needs for liquidity is transformational in a multi-trillion dollar way. Our focus in this part of bank payments is like Amazon's initial focus on books. At some point, as we gain momentum, we will lean into other vertical markets. We think the XRP ledger is so much more performant in throughput, speed of transactions, and cost per transaction. https://www.cnbc.com/2017/09/11/ripple-ceo-brad-garlinghouse-on-bitcoin-and-xrp.html

[kpmgtoday]

PaymentExpert Forum integral to CasinoBeats Malta

“Along with the KPMG Investor Forum taking place on day one and, on the second day, the Working in Malta track – delivered in partnership with ... Delivered by KPMG Today (@KPMG_TO) Read more here Follow @KPMG_TO on Twitter to get latest updates