***

<center>**"I don’t think you can make a horse and buggy keep up with a race car"**
<sub>(Brad Garlinghouse, Ripple CEO)</sub></center>

***

![](https://steemitimages.com/DQmdomBUB5eTLBKZSJzLXbvNR3TbvDiH1d74JDAE8cgWA9C/image.png)

<h3>Ripple vs. Swift</h3><sub><a href="https://www.paymentssource.com/news/ripple-vs-swift-rivalry-heats-up-banking-may-be-ultimate-winner
">(Source on this Post)</a></sub>
***

Just on Wednesday Ripple announced, that they could get another 10 banks to work with them, which brings the total number up to 75 banks trying the possibilities and opportunities this new Technology got to offer. By bringing the 21. Century to the Banking System they´ll enable banks to send and settle international Payments within seconds instead of having to wait for days...

In case Ripple succeeds the banks would more or less bypass their own traditional system and bring it on the Blockchain instead. Organizations like Swift, one of the main guardians of the current banking model would be outdated and potentially useless for the whole industry in the end.

Of course this won´t happen within the next few months. But there will for sure be more and more banks joining the Ripple Network as it already includes some big Players like Santander or Standard Chartered. With Ripple being publicly available it might maybe as well be used by Business or People directly and officially without any banks being involved...


(Sure, we are talking about a Interledger Protocol that Ripple is using and not a real Blockchain like Bitcoin or Steem but it´s basically based on the same idea and technology)


<br><h3>Some Thoughts of Mine</h3>
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Ripple might most probably be the one CryptoCurrency with the most varied views and opinions. Some might hate it due to it´s connection to the Banking system and others might love it due to the Innovations and Benefits it might bring to all of us. 

In my opinion it might actually be good, that we´ve got Ripple working with the Banking Industry. Of course it´s not our desired final goal of having a decentralized system but it might be a first Step. I mean, how would anyone be able to say, that a Blockchain is something bad or can´t be trusted, whenever all the banks out there are using it? 

That´s why I think Ripple might be very useful for us in order to gain mass acceptance of the Blockchain Technology and the trust of the people. Or why might anyone like to stick to a bank, whenever he could handle it on his own with the same save Tools?

<br>

![header divider.PNG](https://steemitimages.com/DQmTCee2GHXutjSPE1E7HuCbh8rYi7xAuViaEDonZERiFeF/header%20divider.PNG)

<center>**Upvote, Resteem & Follow me @Steembusiness**
<sub>(A Proud German Ambassador from & for Teamaustralia!)</sub></center>