Ripple’s annual event dubbed SWELL is designed to bring together some of the notable industry leaders in the finance industry to discuss new developments in the crypto market and where the future is headed. It is also a time where new products may be unveiled.
This year’s event is scheduled to take place between the 7th and 8th of November and so far, the lineup of potential speakers looks very good. The main session will be headlined by Ambassador Chan Heng Chee, a Singaporean diplomat and academic. She will be joined by Kumar Quadir, a distinguished professor of Finance at the University of Chicago and the current CEO of Bkash.
The event is also expected to pull in Dr. Raghuram Rajan, the former Governor of the Reserve Bank of India. However, there is one addition to the list that has got a lot of people talking. According to the latest info from the SWELL website, Piyush Gupta, the CEO of DBS Group, will be speaking at the event.
The DBS Group is a globally renowned banking and financial services corporation currently headquartered in Singapore. The entrance of such a high-profile banking industry player into the SWELL event is definitely huge news for Ripple.
The bank currently employs over 24,000 people and has multiple subsidiaries in many parts of the world. Its total asset value is estimated to be worth around $330 billion. The significance of DBS Group’s participation is also clearly enforced by the fact that Southeast Asia is one of the best-performing markets for RippleNet technologies. The bank, with its insights on the region’s financial landscape, could provide invaluable information to help increase Ripple’s presence there.
Besides, DBS Group has been adopting innovative blockchain and AI technologies as part of its operations. It’s definitely an institution that understands the blockchain sector and its potential future benefits as well.
Although all the speakers during the event will have a lot of important things to say, it’s not a surprise that most people are really looking forward to Piyush Gupta’s remarks. It will be very interesting to see how the bank perceives the future of Ripple, especially the integration of other third-party companies into its XRP ecosystem. The bank’s take on the future applications of blockchain and its disruptive potential in the traditional banking industry will also be very interesting to hear.