Understanding The #XRP Ledger & Some Partners That Use Ripplenet/ XRP For Global Settlement

Understanding The #XRP Ledger & Some Partners That Use Ripplenet/ XRP For Global Settlement

This is a XRP Decentralized Ledger Research Movie - 10+ Hours of research in this video Always deeply research your investments before investing! ❗️Disclaimer: This is not financial advice❗️ I hold some XRP, and I am not paid for any of this. I am creating content around the blockchain revolution to help other citizens become "Citizens of the Future" by understanding these invisible networks. I have been following the growth of Ripple & XRP since 2018. This is video is just touching the surface of some of the great things behind the XRP ledger. *Warning: This is all banking and regulated documents so might be dry in some parts* 📕 -----Table of Contents-----📕 0:00 Intro 3:09 Don Tapscott "The problems with the current Internet of Information" 4:30 The problem with transacting value on the internet of Information and using third party intermediaries 5:00 The problems with the correspondent banking system & bank wire transfers 9:00 Quick benefits into DLT / Blockchain 10:29 What is ODL and how it works 12:15 What is the difference between sending money using the Swift bank wire system and the XRP Ledger 16:00 Possible cost savings using XRP compared to legacy bank wire transfers 18:41 How XRP is decentralized using the Consensus Protocol 21:40 An explanation of the Internet of Value 26:16 How much value moves in cross border payments a year 27:00 What is the Interledger Protocol (Referencing world bank document) 30:00 Bank of England Proof of Concept with Interledger Protocol - a success 32:25 What is the Digital Pound Foundation and how do they work with Ripple & XRP. 34:00 Bill & Melinda Gates Foundation + Mojaloop use XRP for connecting unbanked to the banking system 35:40 What is FNA - Trusted by leading central banks and FI's and National security organizations. How they use the Interledger Protocol - ILP. 37:50 Explanation of Federated Side chains built off the XRP ledger for CBDC's 42:22 Some other things Ripple is known for and apart of 43:00 SBI holdings - Japan has regulatory clarity around XRP. It is not a security but a "Digital Asset" 44:10 Ripple Liquidity Hub overview 45:20 What is the ISO20022 Standard - overview with a diagram of different DLT ecosystems that can send a ISO20022 Compliant payment 47:10 Forte Labs uses XRP (This deserves its own video) 47:50 Rosie Rios 43 Treasurer of the United States joins Ripple's board of advisors and she thinks XRP has value compared to other speculative assets 48:47 Amazon partnership with Ripple, XRP & ODL 49:20 CEO of Ripple at the Swiss National Bank Conference 2018 49:40 A quick look into R3 which uses XRP + XDC for different settlement options 51:00 Proof of SBI Holdings & SBI Remit using XRP ledger for cross-border payments 52:00 Quick introduction of Flare Networks & The mind map artist who created it Twitter is @XX_1133_1221_11 53:00 Closing thoughts and a free tip for you guys to improve your research skills Always do your own research, and again... none of this is financial advice! 📋 -- INFO LINKS-- 📋 Here is the XRP thread that I created that I went over in the video: https://twitter.com/UtilityTheory/sta... More info on the XRP Consensus Protocol: https://xrpl.org/intro-to-consensus.html Good explanation of nodes running the XRP Ledger https://twitter.com/UtilityTheory/sta... https://mojaloop.io/ripple-xrp-and-mo... Please like, comment, and subscribe if you found anything interesting or helpful! Leave Feedback! Cheers, Citizen of the Future