Quotes by Chris Larsen - Page 1

We saw for a time that digital currencies were radioactive to banks, but that's not the case anymore.
Chris Larsen /
Digital
Anymore
Banks
Case
Saw
Radioactive
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Countless banks around the world are already testing distributed ledger systems in proof-of-concept trials.
Chris Larsen /
Trials
Banks
Countless
Distributed
Systems
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The Ripple network is a protocol. It's like HTTP for money. Users, merchants, anyone can use it for free without a license.
Chris Larsen /
License
Merchants
Protocol
Ripple
Users
Network
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A lot of financial technology is foolhardy. Saying, 'We're going to kill banks. We're going to disrupt everything,' ignores some realities.
Chris Larsen /
Foolhardy
Banks
Disrupt
Ignores
Realities
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We don't think the blockchain can do most of what's been ascribed to it. But we're entering the Internet of value - and that is very much underhyped.
Chris Larsen /
Entering
Blockchain
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You can hold your Bitcoin in Ripple. We want to be agnostic to any currency, whether that be a virtual currency, political currencies, or peer-to-peer currencies.
Chris Larsen /
Agnostic
Bitcoin
Currency
Ripple
Hold
Virtual
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Banking now is like sending a letter: you send it, you don't know if it reached there. Ripple is more like sending an iMessage: you send it, and you immediately know.
Chris Larsen /
Banking
Ripple
Immediately
Letter
Reached
Send
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Low-value payments are now possible. Now, Ripple can make it easy for Facebook and Uber and Amazon to make payments to developers in real time. It's online and completely global.
Chris Larsen /
Developers
Online
Ripple
Uber
Facebook
Payments
Real Time
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2016 has proven to be the year where the most forward-thinking financial institutions are actually using blockchain technologies for payments and settlement rather than as an experiment.
Chris Larsen /
Financial
Proven
Settlement
Blockchain
Experiment
Payments
Technologies
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Ripple is redefining the way that value moves around the world, and today we're already enabling real-time, affordable international settlement between banks who have adopted our solutions.
Chris Larsen /
Adopted
Affordable
Enabling
International
Redefining
Ripple
Settlement
Solutions
Today
Banks
Between
Value
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We believe that Ripple will change the way the world thinks about and uses currency through universal access to a trusted, transparent, and easy-to-understand multi-currency financial tool.
Chris Larsen /
Access
Currency
Financial
Ripple
Transparent
Trusted
Change Believe World
Change World Believe
Thinks
Uses
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Bitcoin solved the double-spend problem. The key problem was payment confirmation without central clearing. Bitcoin's solution was ingenious but wasteful - it's fairly slow, and you can't put other things on it.
Chris Larsen /
Bitcoin
Clearing
Confirmation
Ingenious
Payment
Fairly
Wasteful
Central
Slow
Solution
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Banks can send big corporate payments through existing channels or send a small payment through Ripple. They don't have to rip out existing infrastructure; they can use Ripple to make the transactions more profitable or more efficient.
Chris Larsen /
Corporate
Efficient
Infrastructure
Payment
Profitable
Rip
Transactions
Banks
Channels
Existing
Send
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A distributed ledger is basically a shared database that allows institutions to directly send and receive money in a trustworthy fashion without a middleman. As a result, we have the capacity to connect the world's payment systems for the first time.That's a big deal.
Chris Larsen /
Big Deal
Capacity
Fashion
Payment
Trustworthy
Basically
Connect
Database
Directly
Distributed
Receive
Result
Send
Shared
Systems
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Chris Larsen Quotes - Page 1

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