Home / Ripple / The official PwC states that Ripple's XRP is a prime example of maturity of encrypted markets

The official PwC states that Ripple's XRP is a prime example of maturity of encrypted markets


A certainty that we can have from following the news of the encrypted market in 2018 is that it is certainly maturing. Now, as it is ending 2018, several people in the industry are evaluating what happened this year and making predictions for the future of the criptos.

Now, one of the latest comments comes from Henri Arslanian, a crypto leader at PricewaterhouseCoopers, a company from China and Hong Kong. According to him, there are many interesting prospects for the sector in 2019, including institutional investors, who have always been ready to launch themselves on the market for "soon".

According to Arslanian, if in 2018 the big banks looked at the market and decided to join, 2019 will be the year in which the partnerships will be consolidated and institutional investors will arrive. Fidelity Investments, one of the largest financial companies in the world, for example, is set to enter the market next year and this will be a huge success.

Fidelity is currently the third largest asset management company in the world, so its presence in the crypto world will be important. The impact of a partnership with a company like this is hard to measure, but it will be really huge.

It has also been suggested that some high profile companies may decide to start partnerships with the companies of the crypto world because they may want to "increase their portfolios" next year, which can also bring a lot of money. Arslanian cited Goldman Sachs, a rich American bank, who invested in the encrypted BitGo company.

He also said that these new companies will bring a lot of experience to the industry and that the regulation will also be another element that will make the cryptography industry more successful in 2019 than it was in 2019.

Ripple as the model for the future

One of the most interesting points of what Arslaninan says is that Ripple and its XRP token are an excellent example of how the future of criptos may be due to the fact that the company already has many partners and is able to carry out the Its system similar to SWIFT.

More and more banks are considering what Ripple has to offer for them and some of them will certainly use crypts to make their cross-border transactions more efficient, cheaper and faster.

Source link