XRP is spreading with a positive word of mouth element. Today, according to the news and an announcement, it was cleared that the CEO of SWIFT, Gottfried Leibbrandt, would be stepping down as the lead of key piece at the company next year June. Known for offering cross-border payment services, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) was headed by Leibbrandt for 7 years. Leibbrandt led the company through thick and thin, through a series of crises ranging from sanctions on Iranian banks, hacking and threats from blockchain technology especially Ripple (XRP) network.
Is Ripple (XRP) Truly Threatening SWIFT?
For whoever is conversant with the remittance world would know that Ripple (XRP) and SWIFT services are alike despite the fact that the former is built on blockchain technology.
SPEED OF XRP
RIPPLE VS SWIFT
Is The Any Connection Between Ripple (XRP) Threat To SWIFT And The CEO’s Stepdown?
While SWIFT seems to be feeling the pressure from Ripple (XRP), the organization, under the tutelage of Gottfried Leibbrandt implored banks to install controls that will restrict access to their network, in order to proffer a secure and more traceable means of remitting fund.
Ripple (XRP) blockchain technology.
About Gottfried Leibbrandt
SWIFT brought in Gottfried Leibbrandt to help work on the development of the SWIFT2010 strategy. Subsequently, he was appointed the Head of Standards, and later the Head of Marketing in 2007.
Xrp technology is getting bigger day by day and its effect can be clearly visible on biggest organizations whether they are using it for their profit or they are in straight competition to Xrp/Ripple. It would be interesting to see what major changes we will see because of Xrp in future…