Quote from: ðºÞæ on March 06, 2018, 12:15:30 AM

Quote from: ankutsa_temp on March 05, 2018, 11:10:41 PM

Hi,

can you give more details about "contractual agreement R3" ? What is it ?

A massive mess, will be a court battle for years.
https://www.reuters.com/article/us-r3-ripple-lawsuit/u-s-blockchain-startups-r3-and-ripple-in-legal-battle-idUSKCN1BJ27I

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R3, a startup backed by a group of banks that is also vying to build blockchain toolswhich create a tamper-proof record of transactionsto improve money transfers.

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R3 is a consortium of aligned interests pushing distributed ledger and blockchain technologies to solve real-world problems with payments, settlements, regulatory burdens, etc.

R3 used to be in Ripples camp and now they are part of project ubin
https://www2.deloitte.com/content/dam/Deloitte/sg/Documents/financial-services/sg-fsi-project-ubin-report.pdf

Umm, wrong. The court "battle" was settled recently and in fact, R3 has declared XRP the best digital asset for their 200+ customers to settle payments with. haha.

I'm disappointed as I spent some time on your original post and couldn't verify anything. Ripple, the payments company is on pace to be the largest fintech company in the world and are absolutely crushing it. XRP is the fastest, cheapest and most secure digital asset available and has the necessary liquidity to effectively handle small remittences- their target use case at the moment. Ripple is solving a massive, real-world problem and XRP is a necessary tool to solve that. They are becoming more and more decentralized from XRP and evidence of this is easily seen when looking at the XRP ledger- currently only 7% of the XRP Ledger is influenced by Ripple and 27% of the UNL's and its dropping.

I'll ask you, what other digital asset CAN SOLVE for the internet of value?