Ripple CTO, David Schwartz, believes that traditional banks are slow to adopt new technologies and are not designed for quick innovation. He states that partnerships with major banks do not usually lead to significant changes for Ripple. Instead, Schwartz believes that smaller or newer companies that are open to trying new ways of doing payments and financial technology will be the key to Ripple's success. He compares Ripple's approach to Microsoft, which has helped small businesses grow by building on its platforms. Schwartz sees Ripple as a key player in the growth of its partners, making meaningful changes with companies that can grow with its technology.



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