Ripple CTO: Ripple's vision is to make money flow like information

Ripple Chief Technology Officer David Schwartz said in a Haas Business School UBRI Connect 2019 presentation that Internet service provider competition is not based on what information you can get, but on their speed, services, and whether they are right for you. In sharp contrast, today's payment networks lock money in different systems, which are not interoperable, just like the information before the advent of the Internet. Ripple's vision is to create an Internet of Value, where currencies move as information, payment networks interoperate as data networks, and financial systems are provided online in the form of information.