XRP Confirmation With Swift 11,500 Banks 🚨 RIPPLE XRP to $1000

did you guys know about the big find from king solomon well there is going to be a massive integration with swift are you ready to learn more get on board with us and let us explore more but first we are giving away 25 xrp coins at the end of the month to one random subscriber to continue on their xrp journey all you need to do is to like the video subscribe and comment your thoughts on xrp in the comment section welcome xrp army let's grow the xrp lab community by pressing the like button and subscribe so let us dive right in king solomon posted a tweet on twitter which went like this this is absolutely ridiculous the document was released today dollar xrp confirmation with swift eleven thousand five hundred banks ten billion payments messages at kryptonium it looks like your updated patent find forced their hand thank you at bsmirnoff for sharing we are right xrp so what do you guys think before that let us look at the current price of xrp xrp price at the time of making this video on the 27th of august 2021 friday is one dollar and 13 cents with a 24-hour trading volume of four billion six hundred thirty nine million seven hundred eighty one thousand six hundred seventeen dollars xrp price has increased by 0.9 percent in the last 24 hours it has a flowing supply of 47 billion xrp coins and a total supply of 100 billion if you are contemplating buying or selling xrp dextrade is currently the most active exchange so guys please know that the prices of cryptocurrencies frequently change so by the time you watch this video it might have changed to a whole new value identity asx announcement this is a patent from a company integrated with the leading company the swift messaging system overlays and presents the new financial managing system for all banks on the swift network to align themselves for preparation for iso 2002 this patent identity asx announcement is dated as of the 25th of august 2021 the relevance of this identity is that what it is doing with some of these gigantic institutions along with the patent will provide you with a clear insight into where xrp is potentially going and how big ripple is as an organization the addressable market for identity there is an ever increasing demand for the transactions to be processed in real time whatever unit of value it may be it needs to be moved from one account to another for this demand to be met it undoubtedly needs a faster and accurate transaction in 2006 the identity conducted a survey in research with the society for worldwide interbank financial telecommunication swift and they realized that in nearly 7 billion transactions sent across 8 were held up because of legacy technology and outdated messaging standards used by both the sending and receiving banks now here it comes this process is currently being resolved the global financial industry has begun to adopt the new iso 2022 standard allowing more prosperous and structured information to move with payments it will ultimately facilitate payments between legacy networks such as swift and emerging payment gateways identity has already completed development on its platform which will enable the global financial services industry to overcome these challenges and migrate more than 10 billion payment messages per year across to the new iso 2022 standard over the next five years once the identity platform is processing and transforming payment data for banks payment networks and financial services businesses around the world the company's ambition is to deploy the patent it owns and connect indentee customers with its platform to create an identity owned and operated global ecosystem for financial information identity growth strategy phases identity's growth strategy is progressing in phases it has already developed the building blocks for its global ecosystem for financial information based on its patent now let us look at the phases land phase one the first step is to license as many regulated businesses as possible and use the platform to ingest their payment data and deliver the outcome the enormous opportunities for success in phase one lie with a ustrac reporting and payment investigations in correspondent banking expand phase 2 the second step is to provide more services and grow license revenue with existing customers identity now focuses on helping 11 500 plus swift member banks migrate 10 billion payment messages per year to the new iso 2022 global standard before 2025.

Connect phase 3 the final step in the strategy is to deposit intellectual property and connect banks payment networks and financial pieces of information that enables faster processing of payments and reduces financial crime about identity's patent the identity's patent is designed to requests for additional information to support payment processing pre-validation of payment information to improve straight through processing and real-time compliance processes for payments and now let us look at what the patent uses blockchain technology for it generates a unique id for a payment also indexes important additional information required to validate a payment it also generates and shares enriched data about a payment and it also used to ensure data sharing using a hashtag and cryptographic keys so basically the patent is designed to work with both legacy payment platforms and emerging payment networks identity has been pioneering information sharing use cases in banking since 2015.

In 2021 the identity platform was integrated with the mastercard cross-border services network enabling 50 and more financial institutions worldwide to share financial crime compliance information within the mastercard network securely identity is exploring additional use cases with several global brands in the payment industry to support information sharing to reduce financial crime so now this is all about the identity now let us wait for more updates and good news moving further let us take a look at the price prediction in the future of xrp in 2021 the ripple founded xrp cryptocurrency struggled through a volatile ride after starting the year relatively low at 0.21936 dollars xrp peaked at 1.936370 on the 14th of april enjoying an eye-popping 224 percent growth in the first two weeks of that month yet then followed a turbulent period with the cryptocurrency dipping 71 percent to july's low of 0.51601 since then the asset recovered some of the losses currently trading at one dollar and 13 cents with a 445 year-to-date return in comparison its more established crypto peer bitcoin delivered only 61 percent this year suggesting xrp is outperforming its more comprehensive market according to walletinvester.com xrp is an outstanding long-term investment if you are looking for virtual currencies with excellent returns xrp can be a valuable investment option xrp price equal to one united states dollar and 13 cents on the 27th of august 2021 if you buy xrp for 100 today you will get a sum of 85.531 xrp based on wallet investor forecasts a long-term increase is assumed the price forecast for the 22nd of august 2026 is 3.402 u.s dollars with a five-year investment the revenue is expected to be around plus 191.02 percent your current 100 investment may be up to 291 dollars and two cents in 2026.

In the medium term according to digital coin the price of xrp will climb to 3.79 by 2025. long forecast has a grim outlook seeing the cost to trade between 23 cents and 29 cents in august 2025 well below the current rate of one dollar and 13 cents however be aware that forecasting services often get their predictions wrong you should always conduct your research before making any investment or trading decision also remember that buying ripple or selling the cryptocurrency should always be your own decision and should depend on your attitude to risk your expertise in the market the spread of your investment portfolio and how comfortable you feel about losing money however xrp does have many backers and all backers believe that cryptocurrency will have a significant role in payments also according to digital coin they suggest xrp may reach up to five dollars and 30 cents in seven years still you should note that the cryptocurrency market is very volatile and any long-term crypto price prediction can go wrong due to numerous factors we recommend that our traders conduct their due diligence before making any trading decision what drives the prices of ripple are the partnerships with banks and other financial institutions the regulatory crackdown and the sec case against ripple hopefully ripple's price surges and all the investors get a considerable profit we root for that do you invest in xrp let us know that in the comments below and if you want to continue knowing about xrp we have two more videos waiting for you on the end screen to check out make sure to subscribe and give us a thumbs up thank you so much for watching see you in the following video before leaving know that the content in this video is for educational purposes only and hence should not be considered as financial advice all the financial decisions should be made after doing your research the information provided in this video does not constitute investment advice financial advice trading advice or any other sort of advice it would be best if you did not treat any of the content as such the content in this video is for educational purposes only and hence should not be considered as financial advice do conduct your due diligence and consult your financial advisor before making any investment decisions [Music] you

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