/biz/ - Business & Finance

LINK is intrinsically worthless. Node operators can be paid in existing cryptocurrencies. Just look at the testnet right now, it only accepts ETH instead of LINK lmao. It means that ETH can easily be substituted for it, that is, if someone wants to fork the token to accept ETH (an established cryptocurrency instead of some fucking ERC20 token made with a two-man team), LINK is basically useless. That is besides the fact that everything LINK aims to do can be easily done by cryptographically signing the data from the API source.
>muh next ETH

Link, 5 months in: 35 cents (3.5x ICO)
Ethereum, 5 months in: $5.50 (17x ICO)

Uh oh, pissed stinker incoming HAHA........

LINK is intrinsically worthless. Node operators can be payed in existing cryptocurrencies. Just look at the testnet right now, it only accepts ETH instead of LINK lmao. It means that ETH can easily be substituted for it, that is, if someone wants to fork the token to accept ETH (an established cryptocurrency instead of some fucking ERC20 token made with a two-man team), LINK is basically useless. That is besides the fact that everything LINK aims to do can be easily done by cryptographically signing the data from the API source.
>muh next ETH

Link, 5 months in: 35 cents (3.5x ICO)
Ethereum, 5 months in: $5.50 (17x ICO)

Uh oh, pissed stinker incoming HAHA................

>"banks are just running pilots "

/biz/ on suicide watch hahhaaa


The Japan Bank Consortium will release a groundbreaking smartphone application called “MoneyTap”— powered by Ripple’s blockchain technology — to allow customers of the bank consortium to settle transactions instantly, 24 hours a day, seven days a week.

“MoneyTap” is the first mobile app of its kind to be developed and used by multiple, different banks in the country.

Three members of the Japan bank consortium: SBI Net Sumishin Bank, Suruga Bank and Resona Bank will be the first to go live on the mobile app in autumn of 2018. This will be followed by a staggered roll out to the rest of consortium.

The Japan bank consortium, led by SBI Ripple Asia, is comprised of 61 banks covering more than 80% of all banking assets in Japan. MoneyTap will have the potential to provide on-demand payments to the vast majority of the country through this consortium.

“MoneyTap” allows the bank consortium customers to make instant domestic payments and only requires a bank account, phone number, or QR code.

What’s more, MoneyTap helps shed the costs associated with existing banking and ATM fees that are currently applied to domestic money transfers in Japan, making those payments not just faster, but cost less overall.


https://ripple.com/insights/ripple-powered-mobile-app-provide-demand-domestic-payments-japan/

>"banks are just running pilots "

/biz/ on suicide watch hahhaaa


The Japan Bank Consortium will release a groundbreaking smartphone application called “MoneyTap”— powered by Ripple’s blockchain technology — to allow customers of the bank consortium to settle transactions instantly, 24 hours a day, seven days a week.

“MoneyTap” is the first mobile app of its kind to be developed and used by multiple, different banks in the country.

Three members of the Japan bank consortium: SBI Net Sumishin Bank, Suruga Bank and Resona Bank will be the first to go live on the mobile app in autumn of 2018. This will be followed by a staggered roll out to the rest of consortium.

The Japan bank consortium, led by SBI Ripple Asia, is comprised of 61 banks covering more than 80% of all banking assets in Japan. MoneyTap will have the potential to provide on-demand payments to the vast majority of the country through this consortium.

“MoneyTap” allows the bank consortium customers to make instant domestic payments and only requires a bank account, phone number, or QR code.

What’s more, MoneyTap helps shed the costs associated with existing banking and ATM fees that are currently applied to domestic money transfers in Japan, making those payments not just faster, but cost less overall.


https://ripple.com/insights/ripple-powered-mobile-app-provide-demand-domestic-payments-japan/

>>8037897
That index does sound like a promising idea.
Are there any regulatory hurdles or compliance issues your team will have to overcome in order to offer that investment to consumers, since you will be actively managing the proportions of their investments?
Also, I would be interested in signing up for a newsletter that contains updates on the project if possible, but I do not want to do that through the platform as I do not want to release any personal information. Is this an option?
>>8037916
I apologize anon, I don't remember. Just reverse image search it.

>>8005991
Isnt the windows platfrom an overt honeypot?
at least he is consistent

I've done my research on Ripple. Made lots of money off it. Will continue to make more. Ask my anything.