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#Post#: 401--------------------------------------------------
Global Banking Giant Says XRP Ledger Is a Potential ‘Game
Changer
DIR By: diuk
Date: September 23, 2019, 6:43 am
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A newly discovered institutional-grade report from banking giant
HSBC labels the XRP ledger as a potential game-changer that
could help “cut across corporate boundaries and existing market
structures.”
The report is the latest in the company’s “game changers”
series, and analyzes how distributed ledger technology (DLT)
could lower costs and risks in the world of finance.
It cites the XRP ledger as a compelling application for DLT in
the capital markets that central banks could use to power
real-time transactions.
“DLT can streamline end-to-end value transfers, reducing costs,
operational risks and settlement periods. For example, Ripple’s
XRP ledger provides real-time cross-border settlements, using
tokens that represent central bank currencies.”
HTML https://dailyhodl.com/2019/09/23/global-banking-giant-says-xrp-ledger-is-a-potential-game-changer/
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