Ripple Swell Global Will Go Virtual This Year

Umme Haani
Umme Haani is a writer for Thecoinrepublic. she contributes a researched piece on cryptocurrencies and updates. Umme is an aspiring engineer who immensely enjoys writing and technical writing brings the best of both worlds under one roof for her.

Short Insights

  • Swell hosted by Ripple is decided to proceed virtually, Swell by Ripple 2020 which was planned to be held in London.
  • Ripple’s team announced that they’ve decided to transition Swell Global into an especial experience online, following the successful consideration.
  • The main purpose of the event was to discuss ways through which blockchain-tech could provide aid in the transformation of the traditional financial system.

Ripple’s SWELL event was the most awaited one. It is unveiled that it will go virtual this year as shared by twitter user XRP_Stuart. Earlier today he shared an announced that  Ripple’s SWELL Global will proceed virtually. October 14-15, Swell 2020 had initially been organized to be held in London.

Ripple’s team announced that they’ve decided to transition Swell Global into an especial experience online, following the successful consideration. They also expressed their excitement to engage through this fall even though this was a distinctive way of connection. However, the question remains if XRPCommunity is going to be invited to watch this exclusive online experience. The world pandemic doesn’t seem to affect Ripple. It appears to stay optimistic and has said no to hold Swell so soon.

Ripple Swell Global 

Swell, held by Ripple, is to connect the leading experts worldwide on policy, payments, and technology. This is for the most inflaming dialogue in global payments at present. In other words, it aims to bring together the most powerful voices of the world across various sectors. Sectors including payments, financial services, blockchain network, and economic policy. This is to enhance engagement with the brightest and influential in the industry through content and networking.

The main purpose of the event was to discuss ways through which blockchain-tech could provide aid in the transformation of the traditional financial system. More specifically, transforming the way traditional systems work. The Swell event was first launched in the year 2017. 

The Ripple team had stated that this event was a result of a request by their customers to bring together experts in banking and blockchain to change the way the world transfers money at present times.

Ripple is a US-based technology company, built upon a distributed and open-source network. It supports tokens representing fiat money, cryptocurrency, commodities, and also other units of value. It aims to enable secure and instant global financial transactions. Additionally, it aims to enhance transactions almost free regardless of the size without chargebacks.

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