Ripple published its traditional quarterly report, evidencing considerable growth thanks to its successful business policies. According to the Q1 2019 XRP Markets Report , the company revealed to its clients they managed to sell over 169.42 million worth of XRP dollars, which represents 0.32% of the global volume of the token.

In the report, Ripple compared its results with those of the last quarter, showing a substantial increase in both direct sales and programmatic sales:

Ripple
explained that to date they have established strategic partnerships with more
than 200 clients, who are active users of its various technological solutions
(xRapid, xCurrent and xVia).

At the start of the quarter, Ripple announced RippleNet surpassed more than 200 customers worldwide, with the addition of 13 new financial institutions that signed up for the company’s payment network. These companies include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND and Rendimento.

In the report, Ripple also revealed that so far this year, 19 new exchanges listed XRP, increasing the number of total exchanges with this crypto available for trading to a number close to 120.

Ripple Is Doing Fine, But JP Morgan Is Also Quite Successful

While
these numbers show a fairly optimistic outlook and clearly reflect the success
of this company, it is important to note that the competition does not want to
be overshadowed. Not only SWIFT is focused on the development of a technological
solution based on blockhain technologies, JP Morgan also revealed an important
list of banks willing to use its Interbank Information Network.

The IIN is a P2P Network developed by JP Morgan with blockchain technology. In an annoucement published on its official website, the bank mentions that the IIN is growing and slowly becoming a robust ecosystem.

The list
revealed by JP Morgan includes 198 clients from all over the world. The bank
explains that this number will continue to grow, emphasizing that as more
institutions join, the efficiency of the network will increase considerably:

“The more banks that join the network, the more dramatic the reduction in payment delays,” said John Hunter, Head of Global Clearing for Treasury Services. “As the network scales, our clients’ payments will be processed faster with less operational expense.”

The list of banks include:

Ahli
United Bank B.S.C Al
Rajhi Banking & Investment Corporation Alawwal
Bank Alfa
Bank Joint Stock Company Allied
Bank Limited Arab
Jordan Investment Bank Bank
ABC (Arab Banking Corporation B.S.C.) Bank Al
Habib Limited Bank
Alfalah Limited Bank
Muscat Bank of
Sharjah Barclays
Bank Tanzania Limited Barclays
Bank Zambia PLC Banque
du Caire SAE Banque
Libano-Francaise SAL BLC
Bank SAL Cairo
Amman Bank PLC Commercial
Bank of Africa Limited Commercial
International Bank (Egypt) S.A.E Credit
Bank of Moscow Credit
Libanais SAL DenizBank
A.S. Export
Development Bank of Egypt Fransabank
El Djazair SPA Fransabank
SAL Gazprombank Habib
Metropolitan Bank Limited The
Housing Bank of Trade and Finance – Algeria Joint-Stock
Company BCS-Investment Bank Jordan
Islamic Bank JS Bank
Limited KCB
Bank Kenya Limited Kuveyt
Turk Katilim Bankasi A.S. Kuwait
Finance House MauBank
Limited MCB
Bank Limited Meezan
Bank Limited National
Bank of Fujairah P. J.S.C. National
Bank of Kenya Limited National
Bank of Kuwait S.A.K.P. Nedbank
Limited Odea
Bank Anonim Sirketi Saradar
Bank SAL Soneri
Bank Limited The
Housing Bank for Trade and Finance Turkiye
Finans Katilim Bankasi A.S Turkiye
Vakiflar Bankasi T.A.O. Bank
Audi SAL National
Bank of Kuwait – Egypt QNB
Finansbank A.S. Sohar
International Bank Standard
Bank (Mauritius) Limited Standard
Bank of South Africa Limited Bank of
Beirut SAL Bank
Saint Petersburg BBAC
SAL Gulf
International Bank B.S.C Australia
and New Zealand Banking Group Limited* Axis
Bank Limited Bank of
Dalian Co., Ltd Bank of
Nanjing BRAC
Bank Limited China
CITIC Bank International Limited China
Guangfa Bank China
Zheshang Bank Chong
Hing Bank Limited Eastern
Bank Limited East
West Banking Corporation Ho
Chi Minh City Development Joint Stock Commercial Bank ICICI
Bank Limited Indovina
Bank Ltd Industrial
Bank Co., Ltd Joint
Stock Commercial Bank for Investment and Development of Vietnam KASIKORNBANK
Public Company Limited KEB
Hana Bank Military
Commercial Joint Stock Bank Mizuho
Bank, Ltd. MUFG
Bank, Ltd. Nanyang
Commercial Bank (China), Limited National
Australia Bank Limited NongHyup
Bank Prime
Bank Limited PT Bank
Central Asia Tbk PT Bank
CIMB Niaga Tbk PT
Bank Negara Indonesia (Persero) Tbk Resona
Bank, Ltd. Rizal
Commercial Banking Corporation Saigon
Thuong Tin Commercial Joint Stock Bank Shanghai
Rural Commercial Bank Shinhan
Bank Sumitomo
Mitsui Banking Corporation Taipei
Star Bank Taishin
International Bank Co., Ltd The 77
Bank, LTD. The
Bank of Nagoya, Ltd. The
Norinchukin Bank Union
Bank Of The Philippines Vietnam
Joint Stock Commercial Bank for Industry and Trade Westpac
Banking Corporation Woori
Bank Yes
Bank Limited The
Bank of Kyoto, Ltd. Kansai
Urban Banking Corporation The
Kinki Osaka Bank, Limited The
Minato Bank, Ltd. The
Musashino Bank, Ltd. The
Tajima Bank, Ltd. Aozora
Bank, Ltd. Bank of
the Ryukyus, Limited The
Aichi Bank, Ltd. Shinsei
Bank, Limited The
Bank of Okinawa, Ltd. The
Gunma Bank, Ltd. The
Higo Bank, Ltd. The
Oita Bank, Ltd. Union
Bank of India Alior
Bank SA Allied
Irish Bank Banca
Monte dei Paschi di Siena S.p.A Banco
de Investimento Global S.A. Banco
de Sabadell Banco
Santander Bank
Hapoalim B.M. Bank
Leumi Le-Israel B.M Bank
Polska Kasa Opieki S.A. Bankia Bankinter Banque
Internationale de Commerce – BRED (Suisse) SA Banque
Thaler SA Bayerische
Landesbank Caixabank CBH
Compagnie Bancaire Helvétique S.A. CIM
Banque S.A Geneve Cooperatieve
Rabobank U.A. Credit
Agricole S.A. Danske
Bank Erste
Group Bank AG Gonet
& Cie SA Helaba
-Landesbank Hessen -Thuringen Israel
Discount Bank Limited Nationwide
Building Society Norddeutsche
Landesbank Girozentrale Nordea PKO
Bank Polski S.A. Privatbank
IHAG Zurich AG Reyl
& Cie SA Skandinaviska
Enskilda Banken Société
Générale The
First International Bank of Israel Ltd UniCredit
(through its subsidiary UniCredit Bank Austria) Caixa
Central de Credito Agricola Mutuo UBS
Switzerland AG Banca
Popolare Di Sondrio S.C.P.A. BanBajío Banca
Mifel Banco
Actinver, S.A. Banco
Aliado Banco
BICE Banco
BCT SA Banco
Bisa Banco
Bradesco S.A. Banco
CMF S.A. Banco
Davivienda S.A. Banco
Daycoval S.A. Banco
de Bogota Banco
de Crédito del Perú Banco
de Galicia y Buenos Aires Banco
do Brasil New York Branch Banco
Ganadero Banco
General Banco
Industrial Banco
Internacional del Peru Banco
Lafise Banco
Mercantil Santa Cruz Banco
Nacional de Bolivia Banco
Nacional de Costa Rica Banco
Nacional de Panama Banco
Popular Dominicano Banco
Regional Banco
Security Bank of
Bahamas Limited Banorte Banreservas Bank of
Montreal BCT
Bank International Credicorp
Bank Ficohsa First
Tennessee Bank Global
Bank Corporation Grupo
Bursátil Mexicano Itau
Unibanco S.A. JPMorgan
Chase National
Bank of Canada Republic
Bank Royal
Bank of Canada* The
Toronto-Dominion Bank Banco
Inbursa S.A. Banco
Continental
The post Ripple Has Now Over 200 Customers Worldwide… But JP Morgan Has No Intentions To Lag Behind appeared first on Ethereum World News .

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