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Ripple has just released a new advertisement that shows how slow moving money can be in the digital age.
According to the announcement, the current financial system is so out of date, banks could better serve their clients by jumping on a plane to transport money from one place to another.
It's faster to get on a plane and fly money across borders than send it as a digital payment. @Ripple it's changing. Further information: https://t.co/fWuGHcp3Tu pic.twitter.com/RAxEks9qxv
– Ripple (@Ripple) October 30, 2018
Meanwhile, a new platform brings instant XRP transactions to mobile users around the world allowing anyone to send and receive digital assets via text.
XRP Text allows users to send XRP to a personal wallet and immediately send XRP to any mobile number, even if the recipient has never used the platform.
The platform requires no registration and allows users to start sending XRP with minimal friction.
Here is a look at how it works.
XRP Flash text massage system pic.twitter.com/z2aLqb44XQ
– XRP VETERAN ✖️ (@XRP_VETERAN) 29 October 2018
XRP Text is currently in public beta.
It was launched by the avid independent XRP developer WietseWind, who warned that there might be problems at this early stage of development.
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Disclaimer: the opinions expressed in The Daily Hodl are not investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin or cryptocurrency. Your transfers and exchanges are at your risk. Any losses you could sustain are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.
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