Phrase by 'Chris Larsen'
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We don't think the blockchain can do most of what's been ascribed to it. But we're entering the Internet of value - and that is very much underhyped.
Author: Chris Larsen - American BusinessmanInternet , Value , Think , Blockchain
We saw for a time that digital currencies were radioactive to banks, but that's not the case anymore.
Author: Chris Larsen - American BusinessmanTime , Were , Digital , Anymore
Banking now is like sending a letter: you send it, you don't know if it reached there. Ripple is more like sending an iMessage: you send it, and you immediately know.
Author: Chris Larsen - American BusinessmanYou , More , Know , Like
A lot of financial technology is foolhardy. Saying, 'We're going to kill banks. We're going to disrupt everything,' ignores some realities.
Author: Chris Larsen - American BusinessmanEverything , Some , Saying , Technology
Low-value payments are now possible. Now, Ripple can make it easy for Facebook and Uber and Amazon to make payments to developers in real time. It's online and completely global.
Author: Chris Larsen - American BusinessmanTime , Easy , Real , Possible
A distributed ledger is basically a shared database that allows institutions to directly send and receive money in a trustworthy fashion without a middleman. As a result, we have the capacity to connect the world's payment systems for the first time.That's a big deal.
Author: Chris Larsen - American BusinessmanWorld , Money , Result , Fashion
Banks can send big corporate payments through existing channels or send a small payment through Ripple. They don't have to rip out existing infrastructure; they can use Ripple to make the transactions more profitable or more efficient.
Author: Chris Larsen - American BusinessmanMore , Big , Small , Ripple
Countless banks around the world are already testing distributed ledger systems in proof-of-concept trials.
Author: Chris Larsen - American BusinessmanWorld , Around , Trials , Testing
Bitcoin solved the double-spend problem. The key problem was payment confirmation without central clearing. Bitcoin's solution was ingenious but wasteful - it's fairly slow, and you can't put other things on it.
Author: Chris Larsen - American BusinessmanYou , Problem , Solution , Slow
Ripple is redefining the way that value moves around the world, and today we're already enabling real-time, affordable international settlement between banks who have adopted our solutions.
Author: Chris Larsen - American BusinessmanWorld , Value , Way , Today
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