Ripple's Big Bet on Blockchain Technology

The video discusses the integration of blockchain technology in business, focusing on Ripple's efforts to solve cross-border payment issues. It highlights the inefficiencies and high costs of current systems and presents Ripple's solutions using digital assets like XRP to enable real-time transactions. The video also covers Ripple's expansion into markets like Mexico, aiming to reduce the need for prefunding and improve liquidity.

What are the potential benefits of reducing friction in cross-border payments?

Describe the current state of sending money internationally as mentioned in the text.