- From: Ira Higgins <irapaulhiggins@gmail.com>
- Date: Tue, 2 Feb 2016 16:00:06 -0500
- To: public-interledger@w3.org
- Message-ID: <CABz9ESFpi-3Dw3e5Mt+rk5ZX7Ur_iAKk_ZN-kmX1OJdXmiYEHA@mail.gmail.com>
Greetings, I am a digital currency enthusiast, and ILP supporter. I believe this technology is poised to take the financial industry by storm, similar to what has happened with the internet and the web, although at a more rapid pace. Slow payments and slow settlements will be a thing of the past;security and transparency will be exponentially enhanced. Having worked extensively in the banking industry for the last 10 years, currently as an independent consultant, I have my thumb on the pulse. I am glad to see the regulatory involvement in Ripple as well as at this workshop. The uncertainty and unfamiliarity of other virtual currency and technologies such as BTC and ETH will hinder their growth until compliance and legal becomes their foremost goal. I believe Ripple is on the forefront of this approach and will no doubt be the first, if not only technology embraced as a whole. One way in which I believe this process can be facilitated and expedited is by integration into core banking software/platforms. Once regulatory opinions, comments, and/or regulations have been proposed/implemented, the next logical step for widespread implementation is to start at the source of all banks' technological capabilities, the core system. My contribution to this meeting is to recommend we start talking about the need to approach industry leading core system providers such as Fiserv and Jack Henry. Thank you for allowing me to contribute to this exciting new technology and endeavor. Sincerely, Ira Higgins https://www.linkedin.com/in/irahiggins
Received on Wednesday, 3 February 2016 10:28:00 UTC