Bitcoin isn’t a Panacea, XRP is Better than BTC – Brad

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Bitcoin isn’t a Panacea, XRP is Better than BTC – Brad Garlinghouse says
"..XRP is Better Than BTC
Brad Garlinghouse has continuously been criticizing Bitcoin’s dominating position in cryptocurrency markets. He thinks Ripple is in a better place to lead the cryptocurrency market considering mass adaptation from banks and payment services companies.

Explaining his stance, the CEO said, “the Bitcoin blockchain, the technology that underpins the cryptocurrency, is “quite slow,” whereas XRP transactions are “a thousand times faster.”

Bitcoin blockchain network on average takes 42 minutes for each transaction based on Blockchain.info record while XRP’s transaction stands in the range of four seconds.."

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https://cryptocurrencynews.com/bitcoin-isn%27...rlinghouse

Sizeable Growth is Expected for the Blockchain Distributed Ledger Market

"..According to data published by Allied Market Research, the Blockchain Distributed Ledger market was valued at USD 228 Million in 2016 and is expected to reach USD 5.4 Billion by 2023, while growing at a CAGR of 57.6% from 2017 to 2023. The report also indicates that an increase in the awareness toward blockchain distributed ledger applications is expected to provide lucrative opportunities to market players. The Banking, Financial Services and Insurance sector is projected to maintain its lead in the end-user segment. The BFSI segment is projected to grow at a CAGR of 53.9%. Geographically, North America is expected to maintain its dominance throughout the forecast period, owing to the presence of key companies in the region.."

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https://www.prnewswire.com/news-releases/size...21661.html

Finance, Logistics Compete For Blockchain’s Attention

"..The skeptics are flocking out of the shadows to warn investors and innovators that blockchain may not be the catch-all solution and market-changing disruptor it promises to be. Yet, supporters of the technology seem to be stronger than ever.

The latest vocal proponent of blockchain for the enterprise is Sergio Ermotti, CEO of UBS Group.

“It’s almost a must,” Ermotti told CNBC this week (June 18) about the role of blockchain in the enterprise. “The freeing up of resources to become more efficient will come through technology, and blockchain is a great way to allow us to … reduce costs.”

The financial services industry will have to at least explore blockchain to stay relevant and respond to increasing pressure on margins, he added.."

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https://www.pymnts.com/news/b2b-payments/2018...s-finance/

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