Ripple Struggles to Attract Global Banks
Every day, companies and consumers around the world send over $75 billion in payments through massive network of banks; Without this flow of money, as one would expect, everything simply stops. In an attempt to better serve the banks, Ripple, the San Francisco based tech company, has spent the past six years trying to rewire this global system with what it calls an “internet of value.”
In 2012, the company set out to create its streamlined, decentralized payment system using tec
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