According to Ripple’s CEO, Brad Garlinghouse, the sole aim of Ripple is to solve real-life problems. However, Ripple’s payment solutions have significantly influenced the Financial Industry today. With Ripple’s xVia, xCurrent, xRapid and XRP, SMEs and FinTechs now have better alternatives for speedy cross-border transactions.
Ripple’s recent partnership with Kuwait Finance House is not a big surprise due to the fact that Ripple’s blockchain technology offers fast daily transactions – KFH is the first bank in Kuwait to partner with Ripple.