Ripple CTO Reveals What Real Success Story Is for Company

XRP not for banks? Ripple CTO reveals what real success is

shared his thoughts on Ripple's growth strategy and a pretty measured view of traditional banks in the company's future. In particular, Schwartz talked about the limitations of traditional financial institutions. He said that banks are slow and conservative, so they are not designed to adopt new technologies quickly.

Schwartz thinks that smaller or newer companies can grow a lot and do some cool stuff with Ripple's tech. In this way, the success story will probably come from partnerships with companies that are ready to try new ways of doing payments and financial technology.Similarly, Schwartz said, such an approach will make Ripple a key player in their growth. It is less about changing traditional banks and more about making meaningful changes with partners who can grow with its technology.

Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Satoshi Nakamoto 'Bitcoin Whitepaper' Turns 16 on This Date: Details

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