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Ripple anounces Swift Sibos

Ripple will present its main product at one of the most important events in the field of financial technologies – Swift Sibos. Proponents of XRP, as well as investors, are already waiting for an increase in the price of XRP in this regard.

Back in 2016, Ripple was desperately trying to get to this exhibition, but only this year the company was able to receive the status of a participant. It is worth noting that the company recently visited another important event of Swell, held from October 1 to 2. This time the company will be on the same exhibition with its main competitor – SWIFT. The company will present its flagship project this year – RippleNet.

Swift sibos

Swift Sibos, as mentioned above, is the most important annual event in the field of financial technology. The exhibition will feature a variety of companies with their projects. Many of them are aimed at showing how artificial intelligence, new approaches to data storage and robotics will change business models, bring new paradigms and technologies to the sphere, and also help fight financial crimes.

Swift

At the moment, SWIFT is the main system for international transfers and payments. Ripple is its direct competitor and apparently is not going to lose. A crypto company already has a number of solutions that can make international transfers cheaper, faster and safer. In addition, the company is already cooperating with more than 100 banks and other financial institutions.