As the present technological revolution pushes most essential operations into the digital realm, technological advancement like Ripple blockchain technology is putting the world on the reel. To meet up with the untiring real-time customer demand, Ripple say it requires “infrastructure operations and elastic, cloud-based infrastructure.”
Hence, the Vice President Product at Ripple, Amir Sarhangi, took time to explain the benefits and need of RippleNet Cloud solution explicitly in a fresh release. Amir said the COVID-19 pandemic has helped heighten the acceptance of cloud among banks and financial institutions who desire to meet their customers’ needs with modern solution that offers instant global payments.
Amir said businesses that desire to survive this pandemic period and remain strong afterward by meeting up with customers’ rapidly changing demand need to embrace cloud technology.
Ripple blockchain technology however proffers solution to the existing, outdated and archaic means of payment around the world with the RippleNet Cloud solution.
RippleNet Cloud: Giving Banks and Financial Institutional Future Survival Scheme
RippleNet Cloud solution is designed to let both customers and financial institutions maximize their effort with enhanced flexibility. While banks and financial institutions maximize the benefits of their businesses with RippleNet Cloud, customers are also granted seamless and standardized transfer services.
Customer can now go live on RippleNet five weeks quicker than before with the use of cloud, making them boycott the requirements like hardware, staffing and additional expenses. Financial institutions using RippleNet Cloud has the option of connecting to Ripple’s On-Demand Liquidity, and customers can as well connect through one API.
Compared to other on-premises solutions, RippleNet Cloud is cheaper to deploy and the team behind the blockchain solution offers 24/7 monitoring and support.
The VC of Product at Ripple said some of RippleNet’s top members have moved their on-premises deployments to Cloud, as the solution offers speed and efficiency among other life changing advantages.
While urging financial institutions to join the RippleNet Cloud’s solution, Amir said institutions using the Cloud solution digital methods would be well placed as a leaders and innovator among others during this period and beyond.