New announcement from Ripple Mock Slow speed of banks as XRP platform launches instant cryptographic payments via text – The Daily Hodl


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According to the announcement, the current financial system is so out of date, banks could better serve their clients by jumping on a plane to transport money from one place to another.

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 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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