Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: coinhunter on October 28, 2017, 07:01:29 PM

Title: Do banks really need Ripple ?
Post by: coinhunter on October 28, 2017, 07:01:29 PM
Can't they fork or build their own blockchains?
Title: Re: Do banks really need Ripple ?
Post by: sw1911 on October 29, 2017, 04:58:31 PM
my thoughts as well.  what benefit would there be for banks when they can create their own since it's open source.
Title: Re: Do banks really need Ripple ?
Post by: rahul10948 on October 29, 2017, 05:33:15 PM
i dont think so..bank actually hate ripple and its technology
Title: Re: Do banks really need Ripple ?
Post by: _backslash on October 30, 2017, 09:31:15 AM
The idea of coins is to nullify banks and its censorship. Why would banks deal with a coin. Banks don't need coins in general. Not only Xrp
Title: Re: Do banks really need Ripple ?
Post by: mikoli on October 30, 2017, 04:18:55 PM
I need to know more about ripple
Title: Re: Do banks really need Ripple ?
Post by: balajisi on October 30, 2017, 08:01:18 PM
I don't think so banks need ripple although transaction costs are less if using ripple but unless enmasse  ripple is promoted by banks the future is bleak at this stage

regards
Balaji
Title: Re: Do banks really need Ripple ?
Post by: mavee33 on October 30, 2017, 10:53:33 PM
They don't really need it, but it can be well utilized in place swift  ;)
Title: Re: Do banks really need Ripple ?
Post by: val on November 01, 2017, 04:07:20 PM
More than 75 banks are now on Ripple's blockchain

“Our pace [of signing new clients] has dramatically increased,” says Ripple CEO Brad Garlinghouse. “I also think people are getting more comfortable with blockchain technologies. It’s no longer a science experiment. It’s not theory, it’s very real.”
Title: Re: Do banks really need Ripple ?
Post by: rahul10948 on November 18, 2017, 06:29:12 PM
i dont think so bank need ripple right now
Title: Re: Do banks really need Ripple ?
Post by: Hermes Mercury on November 20, 2017, 06:07:42 PM
if banks intend to enter the world of crypto-currency, it is a way of centralizing a currency of exchange.
Title: Re: Do banks really need Ripple ?
Post by: durr1412 on November 30, 2017, 12:41:23 PM
I dont think so.
Even if they want to be in this crypto world.
They have enough force to create a new cryptocurrency for their own.
Title: Re: Do banks really need Ripple ?
Post by: test1234 on November 30, 2017, 11:05:07 PM
Maybe, if it's seen as a neutral ground ...
Title: Re: Do banks really need Ripple ?
Post by: long8899 on December 02, 2017, 09:43:27 AM
maybe they need cryptocurrency to attract more investors first and then build them own blockchain
Title: Re: Do banks really need Ripple ?
Post by: moggler on February 03, 2018, 04:48:47 PM
banks dont need ripple, ripple either. ripple needs people who believe in ripple hype. no big bank uses XRP, only hyperledger
Title: Re: Do banks really need Ripple ?
Post by: QlooQl on February 03, 2018, 05:56:47 PM
Ripple is not really a useful altcoin. It completely misses the point of crypto technology in being centralized. Banks already have the capability to send money anywhere in the world with no problem and they LIKE being able to charge fees for it. They could just as easily not charge a fee because it costs them almost nothing.
Title: Re: Do banks really need Ripple ?
Post by: mu6m0r0k on February 03, 2018, 09:36:46 PM
I don't think that banks need Ripple and I don't think that any bank will use Ripple. Even if banks begin to use blockchain or tangle(IOTA) for transfer of money why would they use ripple, only to make the owners maybe the richest persons in the world. If I was a bank owner and I wanted to utilize crypto currencies I would prefer to hire developers to make my own blockchain, with my own coins or if we are looking at using a single token between all banks we will be looking for decentralized private asset between all banks and not someones coin which we will have to buy.
Title: Re: Do banks really need Ripple ?
Post by: Rnmt3948 on February 22, 2018, 06:40:37 PM
Banks need ripple for fast and secure payments system.... Lately Latin America Bank accept ripple so I think in the future more bank going to be accept ripple
Title: Re: Do banks really need Ripple ?
Post by: mu6m0r0k on February 24, 2018, 10:07:48 PM
If we are only looking for fast and secure system - the technology behind visa is superior, with more transactions per second and higher security behind the transactions.
Title: Re: Do banks really need Ripple ?
Post by: Claus on March 30, 2018, 11:20:45 PM
I think they don't need it. Like Bitcoin, ripple has not reached any peak for it to be considered as very necessary for our generation
Title: Re: Do banks really need Ripple ?
Post by: cryptothief on April 14, 2018, 03:22:50 AM
I'm sure most banks already have plans in place to move certain aspects of their business onto the blockchain. Just recently Barclays announced that they have their own crypto desk. And Santander was due to launch their blockchain app in coordination with Ripple yesterday.
Title: Re: Do banks really need Ripple ?
Post by: dmitriybulatov on June 23, 2018, 08:31:24 PM
Why create something if it already is, take and use. Big profit. Only on the transaction and processing speed banks save a lot of money.
Title: Re: Do banks really need Ripple ?
Post by: Burdogs on June 24, 2018, 05:59:37 PM
Can't they fork or build their own blockchains?
There are a lot of banks that currently have adopted the use of Ripple.when we experience a bear market, when regulations stiffen, it won’t effect the banks adoption of Ripple too much. This means trade volume should remain pretty steady for the foreseeable future.
Title: Re: Do banks really need Ripple ?
Post by: sugarchrisp on June 25, 2018, 05:58:22 AM
Can't they fork or build their own blockchains?

Yes they can, that's why ripple is a shitcoin lol.  The devs own 55% of the total supply too, as if that wasn't retarded enough on it's own. 
Title: Re: Do banks really need Ripple ?
Post by: Jun on June 25, 2018, 01:17:00 PM
as of now  ripple passed the experiment and according to bankers through there study transaction cost lesser if the use  ripple.but for me i don't think bank need need  at this time may be  10 years from now
Title: Re: Do banks really need Ripple ?
Post by: altcoingamer on June 26, 2018, 04:09:12 AM
I think banks will create their own blockchain if they want to get involved in this space.. banks typically dont really like middle men.. unless it's them collecting all the fees and creation rewards... it still remains to be seen though if theyre actually interested in the blockchain incorporated banking in this space.. but I don't think Ripple is the solution.
Title: Re: Do banks really need Ripple ?
Post by: dmitriybulatov on June 27, 2018, 11:06:19 AM
Banks know best. no wonder they sign new banks every day. Soon all banks will be in this system. Some pros : the cost of transaction, speed of data processing
Title: Re: Do banks really need Ripple ?
Post by: Master107 on June 27, 2018, 02:59:00 PM
Banks need ripple but at this time ripple does not need by banks because we are not yet at the crypto era.
Title: Re: Do banks really need Ripple ?
Post by: dekafee79 on July 03, 2018, 04:24:27 PM
i dont think so bank need ripple right now

Yes agree mate. I dont think the banks need ripple right now. bank only intregrated ripple coin, not need.
Title: Re: Do banks really need Ripple ?
Post by: Mbah Jenggot on July 04, 2018, 02:17:49 AM
Can't they fork or build their own blockchains?

Banks only integrated ripple coin, So I Think It is not need. Maybe In the future It will be needed.
Title: Re: Do banks really need Ripple ?
Post by: Doctor on July 04, 2018, 03:34:32 PM
Can't they fork or build their own blockchains?

I think Banks accepts ripple, not need. because ripple is more stable.
Title: Re: Do banks really need Ripple ?
Post by: doc on July 06, 2018, 03:04:50 PM
More than 75 banks are now on Ripple's blockchain

“Our pace [of signing new clients] has dramatically increased,” says Ripple CEO Brad Garlinghouse. “I also think people are getting more comfortable with blockchain technologies. It’s no longer a science experiment. It’s not theory, it’s very real.”

It is a good news mate. I think ripple is bank coin and more stable coin. So many banks accept ripple.
Title: Re: Do banks really need Ripple ?
Post by: therozaq on July 07, 2018, 09:57:21 AM
Can't they fork or build their own blockchains?

Yes I think many banks accept ripple. It the bank coin.
Title: Re: Do banks really need Ripple ?
Post by: rizqillah on July 08, 2018, 10:50:53 AM
Can't they fork or build their own blockchains?

Yes, banks need ripple, because ripple is bank coin. The banks integrated ripple coin. That's  reason why.
Title: Re: Do banks really need Ripple ?
Post by: satpol_PP on July 08, 2018, 04:32:55 PM
Can't they fork or build their own blockchains?

Yes , Ripple is bank coin. It will gain more investor. So, I think bank needs ripple.
Title: Re: Do banks really need Ripple ?
Post by: bhe on July 09, 2018, 05:47:59 AM
Banks already have the capability to send money anywhere in the world with no problem and they LIKE being able to charge fees for it.
Title: Re: Do banks really need Ripple ?
Post by: Dynamite on July 09, 2018, 08:39:21 AM
Banks have the capacity to make their own blockchain as they are the first that was founded for fiat transactions before crypto currency. Ripple did something that can connect crypto and banks but now it seems important for ripple to reach all banks in the world.
Title: Re: Do banks really need Ripple ?
Post by: DAMKAR on July 09, 2018, 01:53:25 PM
Can't they fork or build their own blockchains?

Yes I think banks need ripple. Because Ripple is banks coin, many investor will prefer use ripple than other coins.
Title: Re: Do banks really need Ripple ?
Post by: Falcon on July 12, 2018, 06:23:39 PM
Banks need ripple nor banks does not need ripple. Big banks can create their own crypto that they can handle the entire system. They can manage whether they wanted to pump or dump it.
Title: Re: Do banks really need Ripple ?
Post by: TERMINO on July 13, 2018, 05:14:49 PM
Banks needs ripple but due to the efficiency of performance banks did not push to let ripple welcomed in banks domain. Maybe banks are not yet totally prepared about it.
Title: Re: Do banks really need Ripple ?
Post by: bayiajaib on July 14, 2018, 02:36:45 AM
Can't they fork or build their own blockchains?

Yes I think, because ripple is so popular now. Many investor used it, so I think banks need the ripple.
Title: Re: Do banks really need Ripple ?
Post by: Gunung_ulo on August 01, 2018, 05:49:13 PM
actually I do not think the bank really needs Ripple, because I believe that banks will be able and able to build their own.
Title: Re: Do banks really need Ripple ?
Post by: Pabloiscobar on August 02, 2018, 10:07:35 AM
Yes because we all know that banks uses ripple in order for the easy transaction where you can prove that it is really needed.
Title: Re: Do banks really need Ripple ?
Post by: Puncak_pelangi on August 03, 2018, 05:03:35 AM
actually banks can do it all, build and own blockchain themselves, but banks need Ripple because banks know that Ripple is a good future coin.
Title: Re: Do banks really need Ripple ?
Post by: Quantum X on August 03, 2018, 06:16:22 AM
They allow ripple to be their partner and by this I think the bank really needs ripple for some services that can be better with the help of crypto.
Title: Re: Do banks really need Ripple ?
Post by: Negan on August 04, 2018, 11:43:03 AM
Yes because we all know that banks uses ripple in order for the easy transaction where you can prove that it is really needed.
Title: Re: Do banks really need Ripple ?
Post by: Gunung_ulo on August 08, 2018, 04:21:25 AM
banks should also be able to create their own blockchain because it will make it easier for banks, but I think banks also need ripple to make transactions more smoothly.
Title: Re: Do banks really need Ripple ?
Post by: jbc081475 on August 08, 2018, 12:42:22 PM
Bank mostly banned crypto coin that's why i don't think bank really need Ripple coin.Banks do not need Ripple services.
Title: Re: Do banks really need Ripple ?
Post by: chinito on August 09, 2018, 04:27:31 AM
I think banks don't need Ripple coin but i hope someday it will.For me crypto coin should be accepted in all banks.
Title: Re: Do banks really need Ripple ?
Post by: Bitdog on August 11, 2018, 08:56:50 AM
My opinion Banks no need ripple coin but Banks needs to Ripple technology because right platform is bank systems and it enable high security and high speed transactions.
Title: Re: Do banks really need Ripple ?
Post by: luvr1000 on August 12, 2018, 11:18:24 PM
yes, this is the best find for banks and exchangers for today, I have not yet seen particularly large competitors to this coin
Title: Re: Do banks really need Ripple ?
Post by: Seeyy on August 14, 2018, 04:15:49 PM
Ripple melakukan sesuatu yang dapat menghubungkan crypto dan bank, tetapi sekarang tampaknya penting bagi riak untuk menjangkau semua bank di dunia.
Bank memiliki kapasitas untuk membuat blockchain mereka sendiri karena mereka adalah yang pertama yang didirikan untuk transaksi fiat sebelum mata uang crypto.
Title: Re: Do banks really need Ripple ?
Post by: Moykoy on August 20, 2018, 04:07:45 AM
Banks need Ripple because banks know that Ripple is a good future coin. Actually banks can do everything, build and own their own blockchain, but banks don't want to do it because the government hasn't legalized the crypto currency.
Title: Re: Do banks really need Ripple ?
Post by: skinhead on August 21, 2018, 04:49:44 AM
For now bank don't need Ripple coin.But i think in the future some banks will used this for safer and faster transaction.
Title: Re: Do banks really need Ripple ?
Post by: Puncak_pelangi on August 22, 2018, 02:03:34 PM
for now I think the bank really needs ripple, because ripples have very good technology that is very beneficial for banks, and maybe someday the bank will use its own blockchain technology.
Title: Re: Do banks really need Ripple ?
Post by: Deji on August 24, 2018, 05:47:57 PM
Can banks really build there own block chain technology knowing that the government is against cryptocurrency
Title: Re: Do banks really need Ripple ?
Post by: mojerjer on August 25, 2018, 04:29:17 AM
Due to some banks are banning crypto coin,i think banks don't need Ripple coin.I don't think banks can create thier own blockchain.
Title: Re: Do banks really need Ripple ?
Post by: blue on August 25, 2018, 09:27:17 AM
This is the future of banks . Now Many countries supporting digital payment system so future many Banks build their own block chain they will follow ripple .
Title: Re: Do banks really need Ripple ?
Post by: Goku01 on August 30, 2018, 04:58:18 PM
Ripple isn't generally a valuable altcoin. It totally overlooks the main issue of crypto innovation in being concentrated. Banks as of now have the capacity to send cash anyplace on the planet with no issue and they like having the capacity to charge expenses for it. They could simply not charge an expense since it costs them nothing.
Title: Re: Do banks really need Ripple ?
Post by: Dodo on August 31, 2018, 02:35:04 AM
Banks have the capacity to make their own blockchain because they are the first for transactions before the crypto currency.
Ripple does something that can connect crypto and banks, but it is now important to ripple to realize all the banks in the world.
Title: Re: Do banks really need Ripple ?
Post by: Fenix on September 01, 2018, 07:54:12 PM
Can't they fork or build their own blockchains?
Banks now really need a ripple coin, as they previously used a long-outdated SWIFT method to transfer money, which became very slow. The same ripple coin allows you to transfer money to any part of the world within a few seconds.
Title: Re: Do banks really need Ripple ?
Post by: Eben on September 01, 2018, 08:54:46 PM
Although ripple do not really follow the decentralised Blockchain technology. It’s centralised and banks already are so banks do not really need it since they already operate well in that.
Title: Re: Do banks really need Ripple ?
Post by: fishbone on September 02, 2018, 03:14:24 PM
The idea of coins is to nullify banks and its censorship. Why would banks deal with a coin. Banks don't need coins in general. Not only Xrp

Yea.Bank don't need Ripple.That's why there are so many banks that do not accept crypto coin because it will lessen their revenue.
Title: Re: Do banks really need Ripple ?
Post by: Sudarmono on September 03, 2018, 12:38:32 AM
I think the bank really really needs a ripple for now in carrying out its activities to launch the bank's work system.
Title: Re: Do banks really need Ripple ?
Post by: Bitcoin_Play on September 05, 2018, 12:20:27 AM
Banks already have the capability to send money anywhere in the world with no problem and they LIKE being able to charge fees for it.
Title: Re: Do banks really need Ripple ?
Post by: May on September 07, 2018, 03:11:02 AM
Banks like now have the capacity to send money anywhere on the planet without problems and they like to have the capacity to charge for it. They cannot charge fees because there are no fees.
Ripples are usually not valuable altcoins. This completely ignores the main issue of concentrated crypto innovation.
Title: Re: Do banks really need Ripple ?
Post by: ayatoslaw on September 08, 2018, 08:05:22 AM
I don't think that way, because forks and blockchain have special ways to discuss, and for this I think, that I don't want to ripple fork, why? look at the price that is still 0.4-0.5 usd, if fork, then how much is the ripple price later? most of the coins fork down, and I don't want ripple to experience that. although it could be after fork the price continues to rise.
Title: Re: Do banks really need Ripple ?
Post by: Seeyy on September 09, 2018, 01:22:56 AM
ripples have very good technology that is very beneficial for banks, and maybe someday the bank will use its own blockchain technology.
for now I think the bank really needs ripples,
Title: Re: Do banks really need Ripple ?
Post by: totol02 on September 09, 2018, 04:51:33 AM
I have no experience about this. XRP can create their own blockchains. If they contract their coins with the bank, it improves the quality. According to my knowledge, there are many gamela to do this. But they do not support all kinds of coins. So all types of coins can not blockchains.
Title: Re: Do banks really need Ripple ?
Post by: Puncak_pelangi on September 13, 2018, 02:07:21 AM
banks should be able to build themselves without ripples, but for now the ripples are really needed by the bank, and we can see the potential in the future.
Title: Re: Do banks really need Ripple ?
Post by: densuj on September 14, 2018, 01:02:28 AM
I think yes because Good news for XRP as State Bank of India partners with Ripple, Coinbase adds XRP to its Custody Service, and Bill Clinton becomes the keynote speaker for Ripple's Swell conference.

https://coinfrenzy.io/sbi-coinbase-bill-clinton-ripple-xrp-price/
Title: Re: Do banks really need Ripple ?
Post by: troiano9 on September 14, 2018, 01:50:04 AM
simple answer is no, banks do not
Title: Re: Do banks really need Ripple ?
Post by: Bougenville on October 08, 2018, 08:25:09 AM
I think the bank will need ripples so that ripples will be in demand by investors
Title: Re: Do banks really need Ripple ?
Post by: Ransow on January 24, 2019, 09:57:45 AM
My opinion Ripple technology is the advance technology compared with all banks technologies hereby we can send and receive the payment very easily and very fastly but it's transactions fee is almost zero so nowadays many international banks are using Ripple technology and many deal with ripple technology.
Title: Re: Do banks really need Ripple ?
Post by: kent47400 on January 27, 2019, 04:45:18 AM
Banks take refuge from Ripple because it is obvious that Bitcoin is a serious threat to banks with decentralized systems.
So you can say that Ripple is the bank's protector from all cryptocurrency threats.
Title: Re: Do banks really need Ripple ?
Post by: enci55 on January 29, 2019, 01:37:50 AM
Banks can use Ripple (the core settlement technology) to gain a better cost-structure for real-time cross-border payments. This is the result of a more efficient technical settlement infrastructure (which has a direct impact on the costs of avoiding settlement risk). Banks can also gain more efficient processing and liquidity management capabilities by using products developed by Ripple Inc.
Title: Re: Do banks really need Ripple ?
Post by: Harihmawati on January 29, 2019, 01:19:25 PM
The banks hate crypto currency because this technology didn't need banks,  but ripple can lobby banks to join them campaign. and use it for transaction.
Title: Re: Do banks really need Ripple ?
Post by: Rex on January 29, 2019, 02:30:24 PM
The problem here is why do you need to invest and take long time to create your own coin when you already have a potential banking coin like Ripple? THe cost and time for create a new coin that can compete with Ripple is really high and instead of that,  use Ripple will surely saving a lot
Title: Re: Do banks really need Ripple ?
Post by: Joankii on January 29, 2019, 02:46:47 PM
The problem here is why do you need to invest and take long time to create your own coin when you already have a potential banking coin like Ripple? THe cost and time for create a new coin that can compete with Ripple is really high and instead of that,  use Ripple will surely saving a lot

Actually, many coins that have low transactions are not only ripples, like litecoin doge and others that have low tax transactions and the delivery process is quite fast. It's just that ripple is better known by many people and they are already well-known in every bank
Title: Re: Do banks really need Ripple ?
Post by: Luis on January 30, 2019, 12:08:01 AM
In my opinion the answer here is yes because Ripple has a good blockchain with a fast speed of transactions and a low price that can easily use for payment too
Title: Re: Do banks really need Ripple ?
Post by: BullRuN on February 05, 2019, 06:41:20 PM
I think yes because Banks are really needs to upgrade therefore Ripple is the best option for Bank systems actually Ripple technology is very high speed and more secure than normal Bank systems here by we can make high payments very simple.