Building an Internet of Value, Emi Yoshikawa from Ripple

May 19, 2020

Emi shared her thoughts on global payment problems and how Ripple can solve them.

With 9% growth in global migration, 34% small to medium enterprise in developed countries export internationally, internet connects the world more than ever before.

Global payment today is slow, unreliable with 6% possibility to fail, and costly with average $14 cost to send $200. Here comes the solution—XRP: 3 secs to settle a payment, $.0002/transaction and 1500 transactions per sec.

Ripple, an Internet of value, enables the world to move value like information moves today. This goal is achieved by two strategies: RippleNet and Xpring. RippleNet connects financial institutions to enable real-time payment and offer ODL (on-demand liquidity). Xpring, an open platform for money, is established on open standards, open sources, and open network.

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