XRP tends to drop during and after the Swell conference. Save my name, email, and website in this browser for the next time I comment. Swell is Ripple’s annual conference held by the American technology company Ripple. Access 2019 Sessions On-Demand Keynote Speakers. It's where RippleNet comes to life. A conversation with Brad Garlinghouse, CEO of Ripple, about the momentum, focus, and future of Ripple and XRP as their annual conference, Swell, kicks off. Required fields are marked *. The Chief Economist said: “What you’re asking for is, whether there is a possibility of a global currency, and to some extent that is what Libra was trying to do and as I understand, that it is different from what XRP is trying to do.”. … He added: “Once you get an army of regulators with every central bank looking at it, the other question is have you added a whole set of transaction cost to it and is it worth.. is it that useful.”. Swell is Ripple’s annual conference held by the American technology company Ripple. Thus, XRP can be looked at, as a “means of exchange” and not a store of value. This will trigger the regulators to ensure the digital assets are being backed with financial assets in order to maintain the value, but this might, in turn, relate them to banks and not what they were trying to achieve. Ripple’s Swell conference 2019 saw participation from almost 159 companies and was kickstarted by Ripple’s CEO, Brad Garlinghouse warming up the audience talking about XRP and Ripple’s ODL service, Libra, J.P.Morgan and of course, China. XRP tends to drop during and after the Swell conference. Your email address will not be published. This years conferences speakers will be: Kamal Quadir bKash CEO Ambassador Chan Heng Chee Ambassador-at-Large, Singapore Foreign Ministry Ripple Swell brings together the world's most trusted voices in payments, financial services, blockchain technology and policy, committed to changing the way money moves globally today. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions. The first day of the conference saw Raghuram Rajan, the former Governor of Federal Reserve Bank of India and Chief Economist for the International Monetary Fund. The 2019 Ripple SWELL Conference is scheduled to take place in Singapore on Thursday, November 7, 2019, to Friday, November 8, 2019. XRP tends to drop during and after the Swell conference. A graduate in Mass communication, while majoring in Journalism, she writes mainly about regulations and its impact with a focus on technological advancements in the crypto space. Namrata is a full-time journalist at AMBCrypto covering the US and Indian market. According to Raghuram Rajan, XRP was not trying to maintain value but offer “a vehicle for exchange.” This would allow its value to fluctuate and will not impact the transactions that take ten seconds to complete. Ripple’s Swell 2020 conference will be held virtually on October 14 and 15. Disclaimer: AMBCrypto's content is meant to be informational in nature and should not be interpreted as investment advice. Rajan was asked about the possibility of XRP finding a place in global reserve like the Dollar, but he said that it was not something the XRP was trying to become. In its fourth year, Swell unites customers, partners, thought leaders and ecosystem players in one place to conduct business. Rajan concluded by saying that such transactions with XRP do not worry the regulators about displacing fiat currencies, as the users are moving from one fiat to another while maintaining the value. Swell Event 2019 Hosted by Ripple, Swell brings experts from the field of financial services, payments, technology, and policy together to share “what’s unfolding in global payments today — and why it matters.” First announced in August 2017, it’s an interactive conference that brings together the top figures in the digital currency and … Coinbase launches staking services for US customers, You can build on XRP Ledger… general public is unaware: CoinField CTO. “As I understand it, what is attempted with XRP is not as much maintaining the value but offering a vehicle for exchange, which is quite different, because then you can have value fluctuating only you need the value to be stable for 10 seconds, while the whole transaction takes place and as a result there is no different need for regulations, you don’t need to regulate value-I don’t care.”. He explained the regulatory concerns of maintaining the value of a certain cryptocurrency or Stablecoin. Ripple’s Swell 2020 conference will be held virtually on October 14 and 15. Ripple’s Swell conference 2019 saw participation from almost 159 companies and was kickstarted by Ripple’s CEO, Brad Garlinghouse warming up the audience talking about XRP and Ripple’s ODL service, Libra, J.P.Morgan and of course, China. Ripple’s Swell 2020 conference will be held virtually on October 14 and 15. Your email address will not be published.
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