New Ad From Ripple Mocks Slow Speed of Banks As XRP Platform Launches Instant Crypto Payments Via Text

Ripple just released a new advertisement showing how slow it can be to move money in the digital age.

According to the ad, the current financial system is so outdated, banks could better serve their customers by hopping on a plane to transport cash from one place to another.

It’s faster to get on a plane and fly money across borders than it is to send it as a digital payment. @Ripple is changing that. Learn more: https://t.co/fWuGHcp3Tu pic.twitter.com/RAxEks9qxv

— Ripple (@Ripple) October 30, 2018

Meanwhile, a new platform is bringing instant XRP transactions to mobile phone users worldwide by allowing anyone to send and receive the digital asset via text.

XRP Text allows users to send XRP to a personal wallet and then instantly send XRP to any mobile phone number, even if the recipient has never used the platform.

The platform requires no registration and allows users to start sending XRP with minimal friction.

Here’s a look at how it works.

Instant text massage system by XRP pic.twitter.com/z2aLqb44XQ

— XRP VETERAN ✖️ (@XRP_VETERAN) October 29, 2018

XRP Text is currently in public beta.

It was launched by the avid independent XRP developer WietseWind, who warns there could be glitches at this early stage of development.

Follow us on Facebook            Join us on Telegram            Follow us on Twitter

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.