Brad Garlinghouse explains the blockchain technology
During the recent Swiss National Bank Conference that was held back in May 2019, Ripple’s CEO, Brad Garlinghouse managed to pleasantly surprise a lot of people when he explained the very essence of the blockchain tech, reports ZyCrypto.
He also managed to enlighten the most influential central and commercial bankers in the world who were in attendance on Ripple Technology and products.
He also explained that Ripple has been working really hard in order to eliminate the flaws of SWIFT which despite being out there for decades did not manage to keep up with the times and the evolution of technology.
SWIFT remained slow, expensive and not reliable enough, compared to Ripple’s products for cross-border payments which are much cheaper, faster and with boosted security.