big news china has accepted xrp xrp to 50 000. brooks and whissel vice president and
managing director of ripple for asia pacific middle east and north africa in a recent
interview with tokenpost noted the significant growth of ripple net in the supervised region
welcome to the rich club channel if you like this video don't forget to like it and subscribe to the
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giving away 500 xrp at the end of the week one random subscriber will receive xrp coins take a
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the video to the end to like and subscribe we are growing rapidly with the asia pacific region being
one of the fastest growing regions for ripple net where the number of transactions increased by 130
compared to last year he recalled that solving the problem of inefficiency of cross-border payments
is a global task worth 120 billion dollars where cryptocurrency has convincing utility and is
already being used today he is confident that amid the growing demand for instant settlements
and immediate access to capital the use of ripple net liquidity on demand odl in the apac and mena
regions will continue to accelerate in 2022 money transfers will remain a key use case regarding the
new regulatory framework for digital assets and whistle believes that the asia pacific region
will remain particularly uneven in the near future the region is so diverse that the interweaving of
social economic digital and political problems in each jurisdiction creates unique difficulties
however as more traditional financial institutions join the conversation about cryptocurrency this is
likely to encourage regulators and policy makers to think long term and establish some clear rules
of conduct to allow cryptocurrency innovation to manifest itself maturely in the interview
the topic of nft and xrp ledger was touched upon when we first started studying the nft market we
realized that many of the problems people were facing were related to very primitive technology
the xrp ledger xrpl is ideal for further nft growth currently accessibility barriers such as
high gas fees and concerns about sustainability are pushing creators and customers away
limiting nfd use cases mainly to high value tokens xrpl provides a unique combination of low cost
high speed and good payment features needed to optimize nft creation at scale in particular xrpl
can maintain a constant transaction fee which is not possible on most other platforms today
in addition since xrpl is already carbon neutral and about one hundred and twenty thousand times
more efficient than the leading proof of work blockchain it provides developers with a unique
opportunity to launch highly resilient nft applications and trading platforms
in addition federated side chains blockchains that work together with other blockchains may
be available for x rpl in the coming months which opens up many exciting possibilities
including limitless transaction scalability and advanced defy capabilities now ripple is actively
expanding its presence in the apac region just last year the ripple net network expanded with
new regional clients including south korean gme remittance and a new solution liquidity
hub was introduced which will allow enterprises to easily and efficiently receive any digital
assets from the broader cryptocurrency market in addition central bank digital currencies cbdc will
also become a key element of the digital payments ecosystem of tomorrow from china to thailand and
singapore asian countries are currently exploring the possibilities of using cbdc to support the
development of cbdc we recently launched a private cbdc registry to offer central banks a secure
controlled and flexible solution for issuing and managing digital currencies we are already
working closely with bhutan to pilot a retail cbdc that will help expand financial accessibility in
the country and attract many other central banks in the asia-pacific region to better understand
their cbdc goals before joining ripple brooks and whissel worked in the financial services
and technology industry for about 30 years creating and scaling companies including goldman
sachs and uber of course there is nothing in the interview that we don't already know but it will
be useful to remind that the company is growing rapidly and has far-reaching plans according to
the announcement ripple's partner caught our national bank qnb one of the largest financial
institutions in the middle east in africa has successfully launched a gateway between qnb qatar
and qnb finance bank based in turkey the launch took place on ripple net which significantly
expands ripple services in the middle east the partnership between the two platforms
will improve cross-border payment solutions and is part of the broader qnb payment ecosystem
thanks to this cooperation a leading middle eastern bank also became the first to launch
ripple net on the market through the expansion of services in various countries qnb announced this
at the smart city expo doha 2022 where it also acts as the official bank sponsor of the event
the banking center presented ripple net products at a two-day event organized by the ministry of
communications and information technology mcit at the congress mister adele al-malki a division of
qnb group gm retail banking said we are delighted to be part of such a successful event and are
amazed at the number of visitors who have come to experience our digital services at our booth
in addition al malki expressed qnb's willingness to continue to pave new paths for the future of
qatar as he put it by sponsoring and participating in such technology summits and exhibitions we
continue to collaborate and collaborate with leading experts to shape the vision of qatar's
future the smart city expo doha 2022 which brought together visitors from all over the world was very
informative and interactive the event shed light on five key themes of the general relationship
between societies these include sustainable cities the transformation of digital public services
the global economy digital readiness and sporting events qnb's presentation at the exhibition
focused on using its digital innovations to solve organic problems affecting customers and sellers
in addition the largest bank of its kind in the middle east in africa demonstrated the latest
banking solutions that emerged as a result of the impact of covid these include secure contactless
transactions at atms the possibility of issuing self-service bank cards and advanced mobile and
internet banking capabilities what's app services in addition a well-known financial institution
with headquarters in doha also touched on its wechat pay and simplify payment acceptance scheme
finally qnb presented an operational demonstration of an alternative face pay payment solution with
face authentication according to previous media reports qnb has successfully launched
a gateway between qnb qatar and qnb finance bank based in turkey the launch took place on
ripple net which significantly expands ripple services in the middle east currently qnb is
present in more than 31 countries on three continents through branches and subsidiaries
in addition the banking giant also offers a diverse and full range of advanced products and
services currently the total number of qnb staff is twenty seven thousand employees working in
approximately one thousand locations and the atm network exceeds four thousand five hundred atms
the live xrp price today is zero dollars 88 us dollars with a 24 hour trading volume of 3 billion
740 million us dollars we update our xrp to usd price in real time xrp is down zero four
percent in the last 24 hours now it is time to reveal who is the lucky winner of our giveaway
we randomly selected one fan who fulfilled all the conditions and the winner is henry
jane congratulations henry jane so xrp army let's all congratulate henry jane
in the comment section below and tomorrow we will relaunch our weekly giveaway free 500 xrp
now let's get back to the video do you think xrp will be able to win the court and restore its
former price write the answers in the comments that's it for today thank you for watching this
video to the end if you liked it then don't forget to like it and subscribe to the channel