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Search Results for: ripple

Who is Ripple Labs: The Private Company behind XRP

Category: Altcoins, Cryptocyclopedia, Development, Finance, News

Who is Ripple Labs: The Private Company behind XRP

There’s a common misconception within the blockchain and cryptocurrency community, which states that Ripple (XRP) is a corporate entity and the sole company behind the project’s development. The truth, however, reveals something much different. The masterminds behind the controversy-gaining and speedy settlement cryptocurrency, are an entirely separate company with multiple divisions. Of these formed divisions, some are decentralized and are…

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RippleNet Adds 13 new Clients, Bringing its Total Number of Clients to 200

Category: Adoption, Altcoins, Blockchain, Business, Finance, News

RippleNet Adds 13 new Clients, Bringing its Total Number of Clients to 200

Ripple announced that its payment platform, RippleNet, has acquired 13 new clients, bringing RippleNet’s total number of clients to over 200. The arriving clients include Euro Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo, BFC Bahrain, ConnectPay, GMT, WorldCom Finance, Olympia Trust Company, Pontual/USEND, and Rendimento. On-Demand Liquidity Ripple announced that its clients JNFX, SendFriend, Transpaygo, FTCS, and…

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After Blockchain Push, UAE Investigates Ripple (XRP) and a National Cryptocurrency

Category: Adoption, Blockchain, Exchange, Finance, News

After Blockchain Push, UAE Investigates Ripple (XRP) and a National Cryptocurrency

A major payments provider in the United Arab Emirates (UAE) is implementing blockchain-based systems to operate remittance facilities, while the country’s government is discussing the creation of a state-backed cryptocurrency in partnership with Saudi Arabia, as per two reports in the week of December 11, 2018. RippleNet Technology to Be Deployed Continuing its strong onboarding performance in the Middle East…

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R3 Adds Ripple as First Settlement Mechanism on New Payments dApp

Category: Adoption, Altcoins, Blockchain, Business, Development, Finance, News

R3 Adds Ripple as First Settlement Mechanism on New Payments dApp

R3, the world’s leading developer of enterprise blockchain solutions for business, launched a new global payment platform that uses Ripple’s XRP as its initial base currency, the company announced in a press release on December 5, 2018. R3 Launches a New Global Payment Platform One of the leading enterprise blockchain software companies has just announced the launch of a new…

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Ripple, Cardano, NEM, and Fetch.AI Form Lobbying Group in Europe

Category: Altcoins, Blockchain, News, Regulation

Ripple, Cardano, NEM, and Fetch.AI Form Lobbying Group in Europe

According to a report by Finance Magnets, published on December 5, 2018, Ripple (XRP), NEM, Fetch.AI, and Cardano (ADA) have come together to form a lobbying group in Europe. The aim of the group will be to “create a unified voice for the blockchain industry at the European level.” Regulations: A Necessary Evil Seeing the aftermath of 2017’s ICO frenzy,…

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Coinbase, Ripple, Among Investors That Raised $12.5 Million For Digital Securities  

Category: Bitcoin, Blockchain, Business, News, Tech

Coinbase, Ripple, Among Investors That Raised $12.5 Million For Digital Securities  

Cryptocurrency exchange Coinbase’s VC arm – Coinbase Ventures, has invested in a new project named “Securitize” in a bid to propel blockchain technology-based securities industry in the U.S., reports TechCrunch, November 26, 2018. Securitize Scores Big with Major Investors Brian Armstrong led Coinbase is one of the heavyweights that has thrown its weight behind the startup that aims to create…

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SBI Ripple Asia Partners with Payment Card Consortium in Japan To Combat Fraud

Category: Blockchain, Business, News

SBI Ripple Asia Partners with Payment Card Consortium in Japan To Combat Fraud

SBI Ripple Asia has recently partnered with the Japanese Payment Card Consortium to fight fraud with blockchain technology. According to BankingTech’s article published on November 22, 2018, the participating companies plan to prevent the damages caused by fraudulent transactions, by sharing data and information on a real-time basis along Corda, R3’s open-source blockchain platform. Payment Card Consortium to Share Data…

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Malaysia’s CIMB Group Partners Ripple to Expand its Cross-Border Remittance Business

Category: Altcoins, Blockchain, Business, Finance, News, Platform, Tech

Malaysia’s CIMB Group Partners Ripple to Expand its Cross-Border Remittance Business

Malaysian lender CIMB Group has entered a strategic partnership with Ripple to facilitate instant cross-border payments across all markets it’s currently operating in. Both companies issued a joint statement on November 15, 2018, announcing that CIMB is now officially a member of the RippleNet network. Ripple to Help CIMB Grow its International Payment Business Under the new collaboration, Ripple will…

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Ripple Wants to Take over Swift as Iran Gets Disconnected from The Service

Category: Altcoins, Blockchain, Business, News, Platform, Tech

Ripple Wants to Take over Swift as Iran Gets Disconnected from The Service

After the U.S. government forced Swift to cut ties with more than 70 banks in Iran, Brad Garlinghouse, the CEO of Ripple Labs Inc., said that his company was gaining new customers because financial firms are seeking technology that is better, faster, and more stable than the Swift banking network, Bloomberg reported on November 13, 2018. Ripple CEO Addresses Rumors…

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Rumors of RippleNet’s Integration with SWIFT Are False

Category: Altcoins, Ethereum, Finance, News

Rumors of RippleNet’s Integration with SWIFT Are False

A rumor on the Internet about RippleNet integrating with the SWIFT Network gained traction, driving up the price of Ripple’s token (XRP) to $0.55 on November 6, 2018. According to a PYMNT’s article published on November 7, 2018, the rumor was quickly denied by a SWIFT spokesperson who mentioned that SWIFT’s technical update is entirely unrelated to Ripple. SWIFT Denies…

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