As we know, Ripple are the kings and queens of partnerships. Their passion for adoption is hot, they want to couple up with every single entity on the planet, they do this in two ways.
First of all, seduction through Ripple’s services and technology gets partners on board, that’s something we are certain of. Secondly, XRP promises to become a real-world currency, that as an idea is being used to drive Ripple into the mainstream.
Now of course, the company are under a lot of scrutiny at the moment, with XRP at the fore of that due to is association with securities, many people however guess that once this pressure has passed (assuming XRP is not ruled as a security) the currency will continue to pull partners in, leading to Ripples eventual world domination.
Now, we are reporting on yet more moves within Ripple that point towards future potential collaboration. This stems from news of a successful test using XRP for cross border transfers, through Ripple’s services, between Ripple and Mercury FX.
According to reports, the transfers came out to be high speed and offered cost savings of up to 70%. Ripple want to be faster and cheaper than their rivals, now, with this, it seems they are.
With all of this in mind, we need to consider where the growth of Ripple puts them on the map, with such positivity driving the company, we need to focus on the scale of this company in the future. Helpfully, Youtuber CryptoBase has uploaded a video which draws conclusions between Ripple and Amazon, as companies. Note, this has got nothing to do with speculation around any partnerships.
See the video for yourself, here- https://www.youtube.com/watch?v=FBV83pY2EzQ
According to CryptoBase, in 1999 people claimed that Amazon had no potential, it was essentially worthless. Back in the 90s, Amazons stocks where worth very little, though, through persistence, the value of Amazon shot up over 1000% in a very short space of time, making way for what is not the worlds biggest online shopping platform. Headed by Bezos who is currently considered as the wealthiest person in the world right now, not bad when you think about it.
Okay, this approach by CryptoBase is a little novel yet the sentiment is great. What I think he wants to say here, is don’t write Ripple off just yet. Yes, they may be in a bit of a sorry state at the moment, but, things will clear up. Because of its user friendliness and because of Ripples customer focused approach, Ripple seems to have the edge when it comes to the pursuit for adoption.
Ripple will grow, and with its growth will come great things, at least, that’s what he’s suggesting here.
Featured Image Original Source: Flickr – Great Photo By TAKA@P.P.R.S