Go on, who is going to tell me now INIDA will not be using XRP? We have heard over and over from Asheesh Birla that Ripple has 50% of the India Market. It would only make sense for the government of India to be on board and we have all the proof you need to put this speculation to rest. Ripple and the Indian government officially working together and India will use XRP.
“Global block chain startups including Ripple have partnered with Indian FinTech Companies to offer their proprietary blockchain enabled currency – XRP. Ripple uses the same currency (XRP) to undertake international remittance business by setting up exchanges in host markets. ”
PROOF RIGHT HERE:
Click the image for the official PDF by Deloitte and scroll to page 25.
Wait, there is more…
Indian government’s Information Research Security and Development Center – https://isrdc.iitb.ac.in – is running an XRP Validator node.
I know there was a big debate on Twitter about how this is one of the University in India and has nothing to do with the government. In our opinion, that is not the case. As we dig even further we read About the ISRDC and we come to find out that the India government actually set up this project.
“ISRDC is one of the four centers setups under ISEA project by MeitY, Government of India.” You do not have to take our word for it, here is the official statement about ISRDC.
BREAKING NEWS: India’s central bank authorizes Cryptocurrencies | XRP Right Now
January 31, 2019 at 9:24 am[…] Bank Of India (RBI) has over $380 billion in reserves. We read a couple of weeks ago that the Indian Government was running a validator and now we get news that the central bank lifts the ban on crypto. RBI bank controls the supply […]