Ripple update: Payment channels possibly the most bullish development for XRP?
If I understand the [concept](https://developers.ripple.com/payment-channels.html) correctly, payment rails are similar to state channels in the lightning network.
This means that each payment channel will locks up a certain amount of XRP until the parties decide to close the channel (probably channels can use any tokenized asset, but I would assume that at least a portion of channels will use XRP, for example in an international setting).
If Ripple becomes widely accepted and integrated into widely deployed corporate ERP software such as SAS (not necessarily the only example), this could lock up a huge amount of XRP from circulation.
Am I right or is it just to early in the morning?
About Ripple (XRP)
Ripple connects banks, payment providers and digital asset exchanges via RippleNet to provide one frictionless experience to send money globally. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. XRP is the fastest and most scalable digital asset today.
Author: H_M_X_
Score: 29
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