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Pardon me, but hasn't Blythe Master's startup and R3CEV locked up entire financial institutions market already? NASDAQ also has their own internal Blockchain project.

What is Ripple's path for survival?

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Blythe's company, Digital Asset Holdings, is focused on securities settlement (different use case). R3 is a consortium - they do not have a product that they sell to banks.

Ripple is the only company in the blockchain space that has an enterprise-ready product that banks can deploy for cross border payments.

JPMorgan is championing their own blockchain as well.

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