First we see compnanied leaving R3 and moving back to Ripple The Bank of Tokyo-Mitsubishi UFJ (BTMU), the banking arm of the Mitsubishi UFJ Financial Group (MUFG) has joined Ripple in its endeavor to establish an international blockchain payments network of global banks. Bank of Santander also left.
Griffin explained that the pilot showcases how banks could use Ripple's Connect product and its Interledger protocol to send transactions between each other, as well as any other bank running the software, both domestically and internationally.
As a result of the successful test, Griffin said some banks involved are now committed to moving to production deployment of the RC Cloud in 2017.
"Several banks are planning to go into production around Autumn," Emi Yoshikawa, director of joint venture partnerships at Ripple, added. "They will now begin discussing the rules and standards between banks."
It`s only a matter of time now..... Buy the waiting is killing me...
@aresary, Depends on the news. For me if they announce the Japan deal going onto production we will quickly pass the ATH. If on the other hand its something smaller we will head to the 382 fib.
aresary
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@tadammass, thanks for you reply! when do you expect this news to be released?
tadammass
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@aresary, Cant lie... Really don't know at this point. For sure they have a lot on the go. On my chart we have the next fib circle on the 20th next Tuesday.... let see. but with coins you never know.
tadammass
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@aresary, I did see a bank web site in japan has posted on their site they are loading ripple production into their data centre.
Translation:
This time all of companies such as banks making a deal will carry one end of the reliable currency system which can conduct a business more smoothly in peace on at Tokyo by Validator of XRP being installed in "@ Tokyo", and having started administration.
SBI is preparing to use XRP (Japanese press release)
they are installing into the data center
rhb_3000
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Maybe as eth tanks then money will flow back into xrp too ... very close now