Ripple: XRP Payment Pilots Cut Fees by 40-70 Percent https://www.coindesk.com/ripple-xrp-payment-pilots-saw-40-70-percent-fee-saving
Distributed ledger startup Ripple published the results of its xRapid pilot programs on Thursday,
The report focused on the company's offering centered around the cryptocurrency XRP, stating that pilot-takers saw significant savings on fees as well as overall transaction times. The company has announced a number of partnerships in recent months with companies piloting xRapid as well as xCurrent, another offering that does not utilize XRP.
Head of product Asheesh Birla told CoinDesk that the company looked at seven pilot projects, finding that the results were fairly similar across the board. As a result, the startup aggregated the data into the 40-70 percent savings released in its report on Thursday. He also noted that transactions across borders only took a few minutes, compared to a period of several days for traditional payments of that kind.
The platforms piloting xRapid recognized that speed, he said, adding "they were like, 'Wow, this entire thing is happening in a matter of seconds all the way through,' and that's just not possible given the way the current legacy financial system works."
I think xrp have good future
I Think this finanical revolution makes new word and xrp is best platform to transfer money in banks
its good idea for XRP anD it coause high in price of this token 🙏🙏
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