More conversation in this podcast around the "internet for value exchange". The CEO of Ripple, another math based currency (cryptocurrency), explains the differences between bitcoin and Ripple and how Ripple is imagining B2B payments.
Ripple recently partnered with the German bank Fidor AG to use its platform for both interbank transactions and intra-bank transfers with its own subsidiaries overseas. According to Larsen, this partnership is exciting because not only is it the first bank on Ripple Protocol, but it is the first bank to be on any real-time distributed protocol.
http://www.pymnts.com/media-center/2014/how-ripple-labs-simplifies-b2b-payments/#.U31VVfldV1k