Will Next Generation Cryptocurrencies Facilitate Trans-Border Trade and Monetary Transactions?

Friends, cryptocurrencies have the potential to increase transaction speed and reduce the cost of trans-border trade and financial transactions. Ripple purports to conduct 1,500 transactions per second, than six times faster than PayPal. What's more, Ripple's transactions comes in at just a fraction of a cent, which could prove significantly more attractive than PayPal, depending on the sender and receiver of funds. Ripple's transactions comes in at just a fraction of a cent, which could prove significantly more attractive than PayPal, depending on the sender and receiver of funds. Transaction speeds vary widely among cryptocurrencies. While currently limited to cross-border payments involving British pounds and Fijian dollars, the early-stage platform is nonetheless designed to scale to handle seven fiat currencies in the South Pacific - including the Australian dollar, the New Zealand dollar and the Tonga pa'anga. Perhaps the platform's most distinguishing characteristic, however, is that the project showcases how private and public Blockchain technologies are increasingly being used in tandem. While IBM's Blockchain solutions are designed to complete much of the workflow around transaction clearing, the actual settlement will be conducted using Stellar's Blockchain. What is your assessment? Lawrence, Cryptocurrency Academy (https://cryptocurrencyacademy.blogspot.com)