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Tag Archives: Ripples

Top 3 Companies Commercializing Ripple’s xRapid in 2018

It has been coming for some time now, but Ripple’s xRapid solution has been made commercially available. Numerous companies have shown an indication to experiment with this technology, although the following three companies are the only ones effectively forging ahead at this time. It shows the demand for xRapid is picking up, which can lead to some interesting developments moving ...

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Ripple’s xRapid Payments Solution is Now Commercially Available

Ripple’s real-time settlement platform xRapid is now commercially available, according to an announcement published October 1. xRapid is a platform designed to speed up international payments, while eliminating the need for a pre-funded nostro account. The product purportedly sources liquidity from digital currency XRP on exchanges globally, making cross-border transactions faster and cheaper compared to traditional methods. The pilot phase ...

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Top 5 Banks Joining Ripple’s Latest Blockchain-based Payments Competitor

Banks and other financial service providers pay increasing attention to blockchain technology. JPMorgan is effectively taking on Ripple in terms of building a DLT-based global payments network. Their Interbank Information network has received the backing of these five prominent banks, among other entities. A promising sign for what the future may hold. #5 ANZ As one of the founders of ...

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From Adoption to FOMO: Reasons Behind Ripple’s Leap

Over the past week, altcoin Ripple’s (XRP) price has gone through the roof. It has seen an unprecedented 140 percent growth over the past seven days, up almost 63 percent in the past 24 hours alone, trading at around $0.61 at press time. XRP has gone as far as to beat Ethereum (ETH) to be ranked number two by total ...

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Cryptocurrency Market Update: Ripple’s xRapid Sends XRP 20% Higher

Markets have recovered slightly; XRP, Cardano, Tron and Chainlink on a roll. Crypto markets have recovered slightly following yesterday’s ten billion dollar dump. Total capitalization has inched slowly back towards $200 billion and is about to break it. One big pump yesterday added $8 billion back into the markets. Bitcoin is up marginally today, around 1.2% to $6,370. BTC is ...

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Ripple’s XRP Product xRapid May Go Live in the Next Month

Ripple’s settlement system that uses a combination of blockchain and cryptocurrency technologies may be going live within the next month or so, according to a statement from a company executive. The product, which utilizes XRP to complete real-time cross border settlements, has already struck some high-profile partnerships, and many investors see it as the main use case of XRP. While ...

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Ripple’s New MoneyTap App Could Dominate Japanese Bank Transfers

The payments network Ripple could be about to pick up a large share of the Japanese currency transfer market. The firm is looking to launch the MoneyTap application with support from the SBI Ripple Asia Japanese Bank Consortium later this year. MoneyTap App Looks to Reduce Fees Associated with Traditional Money Transfer Services Although the deal between Ripple and the ...

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Digital Remittance Solutions Provider TransferGo Launches Real-Time Transfers Using Ripple’s Network

If you can’t beat them join them. For one digital remittances solutions provider, this held true. TransferGo announced on September 5 that it had launched a blockchain-based real-time transfer system that’s powered by Ripple. The company revealed that it had settled on Ripple’s network due to its speed of execution and its low costs, dubbing it as the best replacement ...

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Ripple’s General Counsel Steps Down After Two Years

Ripple’s general counsel Brynly Llyr has left her post, which she had held since November 2016, Quartz reported September 7. The American technology company confirmed to Quartz that Llyr no longer serves at the firm. A Ripple spokesperson said: “We’re grateful for all that she did to help build an incredible team. We wish Brynly all the best in her ...

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Ripple’s Convergence Rumors Show the Company Is on the Right Path

Most cryptocurrency users have no love lost for Ripple and its underpinning technology. That is only natural, as this project is not a cryptocurrency venture in the traditional sense. Despite this opposition, the company is working on improving its technology and offerings. Convergence is a rumored project in development, and it could pack quite the punch. Ripple’s Convergence Is a ...

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