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A lot of Ripple enthusiasts were extremely excited about the release of the Codius smart contract platform because it was released by Stefan Thomas – the former CTO at Ripple, who now runs Coil. This means the new platform is an extension of the Ripple family.
The goal is to introduce the interoperability of the various blockchains and also to devise new ways to monetize the web. Hence, this is a good reason to be bullish about the coin.
Will the Value of the Coin Reach the $ 10 Mark with Codius Alone?
Definitely not, Ripple requires more than an innovative smart contract platform to skyrocket its value in the digital currency market. SBI Virtual Currencies digital currency exchange.
The trading platform focuses only on Ripple (XRP). SBI Holdings has been a partner of the Ripple for more than two years now.
Yoshitaka Kitao Has Been Bullish About the Digital Currency
Yoshitaka Kitao – the CEO of the company, has been bullish regarding $ 10 Ripple all year long. He has been tweeted several times for the SBI Virtual Currencies trading platform.
Ripple – Brad Garlinghouse, a bankruptcy that will be using the Ripple by 2019. likely use xRapid which is presently the only product of Ripple that uses XRP to source instant liquidity for cross-border transactions.
XRP is sourced from the supply, creating a wave of demand that will slow but steadily increase the value of the digital currency.
Ripple continues to make major moves on the globe. The company recently made a move into Israel by entering into a partnership with the 5th largest financial institution in the world and the largest bank in Israel, GMT. The company is dominated in the region.
GMT issued to public announcement stating that both companies share a similar philosophy and this has been Part of the announcement was as follows:
"After a precise and long discussion process, GMT has decided to chose Ripple. By working with Ripple and its partners, we would contribute in creating a global financial system using high-end values and technology that will be affordable and transparent. "
"GMT is joining establishments like CIBC, MoneyGram, AKBANK, MoneyGram and many others who have already started using the Ripple platform. With this partnership, GMT will be establishing its place in the forefront of the FinTech industry in Israel. It will also work hand in hand with some of the leading companies in the world. "
AkBank In Turkey Starts Using Ripple's Tech
As Ripple cements it relationship with the financial institutions in Israel. One of the major banks in Turkey, AkBank, has just started using Ripple's xRapid technology. The project has been ongoing for more than 12 months.
