Ripple

“There's usually a flat fee component and a percentage component.”

“So we raised ninety four million dollars through sort of VC funding. And then we also sell some of the digital asset XRP.”

“When you have these sort of huge public shared ledgers it's very difficult to make changes, and also it's very difficult to serve the huge diversity of use cases between different users.”

“So they are licensing our technology, and then another company called SBI Remit in Japan is also licensing our technology. So they've come together and they've created a partnership where people in Japan, there's about 45,000 Thai people that are living in Jap…”

“We think the real challenge and the real interesting technology is going to be in the interoperability between all these systems. And again, not just blockchain, but also central ledgers, because sometimes that's the best solution.”

“If you have a 144 use cases, you might as well have zero. It's very difficult to actually achieve any traction in any of them create any network effects and so on.”