{"id":58112,"date":"2019-11-13T15:00:14","date_gmt":"2019-11-13T13:00:14","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=58112"},"modified":"2019-11-13T11:12:57","modified_gmt":"2019-11-13T09:12:57","slug":"what-took-place-swell-2019-ripple-xrp-recap-bullish","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/what-took-place-swell-2019-ripple-xrp-recap-bullish\/","title":{"rendered":"A Ripple &#038; XRP Recap: What Took Place at Swell 2019?"},"content":{"rendered":"<p>Unfortunately for fans of Ripple and XRP, the Ripple-centric and -themed Swell 2019 Conference put on in Singapore has ended. While many readers may have followed the event&#8217;s happenings closely, here&#8217;s a recap of what took place at the blockchain event, which &#8220;brings together the world\u2019s most trusted voices across financial services, payments, technology and policy.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Thanks again to those who joined us in Singapore for <a href=\"https:\/\/twitter.com\/hashtag\/SwellbyRipple?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">#SwellbyRipple<\/a>! <\/p>\n<p>For all things Swell, we&#39;ll continue to update <a href=\"https:\/\/t.co\/NnOD151Z8P\" rel=\"nofollow\">https:\/\/t.co\/NnOD151Z8P<\/a> in the coming weeks. <a href=\"https:\/\/t.co\/qys2DXlRJ3\" rel=\"nofollow\">pic.twitter.com\/qys2DXlRJ3<\/a><\/p>\n<p>&mdash; Ripple (@Ripple) <a href=\"https:\/\/twitter.com\/Ripple\/status\/1194075777496567808?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">November 12, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h6 style=\"text-align: center;\">Related Reading: <a href=\"https:\/\/en.ethereumworldnews.com\/bitcoin-price-pump-10500-not-trend-reversal\/\">40% Bitcoin Price Pump to $10,500 Was Not a Trend Reversal: Analyst<\/a><\/h6>\n<h2><strong>What Took Place at the Top Ripple &amp; XRP Event?<\/strong><\/h2>\n<ul>\n<li><strong><a href=\"https:\/\/en.ethereumworldnews.com\/how-swell-xrp-ripple-300-customers\/\">Ripple Passes Key Customer Milestone<\/a>: <\/strong>Ripple has claimed to have surpassed 300 customers, which consists of a \u201cglobal network of banks, financial institutions and payment providers that sends money globally, instantly and reliably for fractions of a penny.\u201d Indeed, a blog post elaborated that Ripple has customers \u201cin more than 45 countries and 6 continents using RippleNet, with payout capabilities in 70+ countries.\u201d<\/li>\n<li><strong>On-Demand Liquidity (xRapid) Doing Rather Well: <\/strong>Simultaneously, one of the fintech firm&#8217;s flagship products, On-Demand Liquidity, has seen growing levels of adoption. This comes in spite of the fact that the solution was just announced at Swell 2018. A post said that the solution has &#8220;seen tremendous growth and customer interest with two dozen customers signed on to use the product.&#8221; Users of the ODL include &#8220;goLance, Viamericas, FlashFX and Interbank Peru.&#8221; It was added that &#8220;there have been more than 7x the number of transactions using ODL from the end of Q1 to the end of October.&#8221;<\/li>\n<li><strong><a href=\"https:\/\/en.ethereumworldnews.com\/moneygram-ripple-mexico-us-transaction-xrp\/\">10% of MoneyGram&#8217;s Mexico-US Transactions Use XRP<\/a>: <\/strong>Money-transfer MoneyGram is purportedly moving 10% of its transaction volume through On-Demand Liquidity (ODL) between the United States and Mexican borders and plans to expand into four more corridors by the end of this year.<\/li>\n<li><strong>BeeTech Saves Millions in Transaction Fees:\u00a0<\/strong>At Swell 2019, BeeTech co-founder Alexandre C.R. Liuzzi revealed that his payments company has save its customers more than $14 million in transaction fees across 200,000 transactions that have a nominal value of over $1.5 billion. Some of those savings can purportedly be attributed to Ripple, who has allowed BeeTech to &#8220;standardized the process for integration across different rails and increased efficiency in the settlement.&#8221;<\/li>\n<\/ul>\n<p>It seems that there is more for Ripple to announce regarding what took place at Swell, hinting that it will continue to <a href=\"https:\/\/t.co\/NnOD151Z8P\" rel=\"nofollow\">update its blog<\/a> in the coming weeks. Though, it remains to be seen what exactly will be unveiled, and how that will impact the broader ecosystem of the firm and the price of XRP.<\/p>\n<h6 style=\"text-align: center;\">Related Reading: <a href=\"https:\/\/en.ethereumworldnews.com\/xrp-traders-stack-long-positions\/\">XRP Visits Key Support Level as Margin Traders Stack Long Positions<\/a><\/h6>\n<pre>Photo by\u00a0<a href=\"https:\/\/unsplash.com\/@deadlyvyper?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"nofollow noopener\">Swapnil Bapat<\/a>\u00a0on\u00a0<a href=\"https:\/\/unsplash.com\/s\/photos\/singapore?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" rel=\"nofollow noopener\">Unsplash<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"<p>Unfortunately for fans of Ripple and XRP, the Ripple-centric and -themed Swell 2019 Conference put on in Singapore has ended. While many readers may have followed the event&#8217;s happenings closely, here&#8217;s a recap of what took place at the blockchain event, which &#8220;brings together the world\u2019s most trusted voices across financial services, payments, technology and policy.&#8221; Thanks again to those who joined us in Singapore for #SwellbyRipple! For all things Swell, we&#39;ll continue to update https:\/\/t.co\/NnOD151Z8P in the coming weeks. [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":58114,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4656],"tags":[84,1072,4495,6957],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/58112"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=58112"}],"version-history":[{"count":0,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/58112\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/58114"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=58112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=58112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=58112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}