R3 Member Nordea Bank CEO Eulogizes Ripple, XRP and R3 Consortium

2018-10-27 01:40

The credence which Ripple blockchain technology is garnering in the fintech industry seems not to be signaling any form of deceleration, as the firm got eulogized by the CEO of Nordea Bank, Casper von Koskull.

While speaking at an interview on the application of blockchain technology in payments, which he made much focus on Ripple, XRP, and the R3 Consortium, von Koskull stated that blockchain technology has made their services more efficient.

He said that payments which is a major focused of Nordea Bank is one of the most prevalent financial services network in the county which is found in Europe. He added that this made the financial organization adopt the technology, adding that they now have “faster and cheaper payments based on blockchain technology”.

Von Koskull, while conversing with a newspaper based in Finland, Kauppalehti, said blockchain technology is a crucial tool for the organization.

“Ripple has already launched its own technology, which is being introduced in Japan. Everything is done in cooperation with banks, such as the R3 consortium. It is of enormous importance to us,” Koskull told Kauppalehti.

Apart from the likes of HSBC, Citibank, Goldman Sachs and Deutsche Bank which are part of the network of the Distributed Ledger Technology firm, R3, the company also run Nordea as part of its networks.

Sometimes ago, R3 ran into a legal problems with Ripple and it was solved around September.

A representative of the R3 firm told Coindesk in a statement that:

“R3 HoldCo LLC, R3 LLC, Ripple Labs Inc. and XRP II, LLC announce that they have reached a settlement of all outstanding litigation between the parties. The terms of the agreement will remain confidential and both sides look forward to putting these disputes behind them.”

What made people think R3 and Ripple have reached out for an agreement is that it was stated in the report that R3 co-operates with the blockchain firm and it has billions of XRP unit.

A Redditor, Oisolberg, in line with the argument said:

“SBI probably had a stern word with both Ripple and R3 about their stupid lawsuit issues, if the original R3 customers are still onboard this is absolutely massive. SBI invested 107 million USD in R3 in 2017.”

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.01 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.011418 (-100%)

ripple blockchain technology nordea ceo bank koskull

ripple blockchain → Результатов: 126


Фото:

Ripple Bolsters Strategy Team; Bags Blockchain Association Membership

Blockchain startup Ripple on October 22, 2019, announced the addition of three new members to its global regulatory team. The firm also confirmed that it will be joining the Blockchain Association. Ripple Adds Sharp to Its Strategy Team In an official press release, distributed ledger technology (DLT) firm Ripple stated that it had expanded itsRead MoreRead More.

2019-10-23 11:00


Ripple joins International Association for Trusted Blockchain Applications as founding member

Ripple, the cross-border payments giant spearheaded by the San Francisco-based technology company Ripple Labs, is set to have a say in Europe’s blockchain aspirations. The International Association for Trusted Blockchain Applications [INATBA], has announced that Ripple will be included as a founding member of its organization.

2019-4-2 10:00


Ripple Price Analysis: XRP/USD Drops Four Percent, Stable Above 50 Cents

Latest Ripple News Blockchain is roughly 10 years old– going by Bitcoin statistics. It could be older now that Ripple Labs was formed in 2004 but Ripple began full operations in 2012. As one of the leading cross-border payment solutions leveraging on blockchain technology for efficiency, transparency and speed, we expect the tussle between them […]

2018-11-14 18:33


Фото:

MoneyMatch Uses Ripple Product xVia for Malaysia’s First-Ever Cross-Border Blockchain Transaction

A Malaysian fintech start-up announced on Oct. 15 that it has successfully conducted its first blockchain-based cross-border transaction through the Ripple blockchain. In an official statement, the Kuala Lumpur based start-up revealed that the transaction was sent over a Ripple product called xVia, a standard application program interface (API) solution to power payments to and […] MoneyMatch Uses Ripple Product xVia for Malaysia’s First-Ever Cross-Border Blockchain Transaction was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-10-19 21:09


Ripple может стать глобальным финансовым стандартом

На крупнейшей конференции  по шифрованию и блокчейн в Японии под названием Japan Blockchain, состоявшейся 27 июня, Йошитака Китао, председатель SBI Holdings и исполнительный директор SBI Group, выразил свой оптимизм в отношении долгосрочного роста сети Ripple.

2018-6-30 14:56


Ripple инвестирует 2 миллиона долларов в исследование Blockchain Техасским университетом

Техасский университет в Остине получает финансирование от Ripple в исследованиях Blockchain-технологии. Сообщение Ripple инвестирует 2 миллиона долларов в исследование Blockchain Техасским университетом появились сначала на Freedman.

2018-6-15 10:02


Ripple: Blockchain is About Growth Not Cost Savings

A Ripple Executive has downplayed the cost-savings of blockchain technology over traditional banking arguing that growth is a stronger message for attracting business clients, including banks. Blockchain: Next Evolution of the Internet Danny Aranda, Managing Director of Strategic Growth at Ripple, discussed how the firm attracts banks to their payment solutions and how they work.

2018-6-14 10:00


Ripper: Banks can not apply to Blockchain for future cross-border loans in the future

Ripple chief cryptographer David Schwartz claims that banks are unlikely to deploy blockchain to process international payments, citing low scalability and privacy problems, Reuters reports June 13. In an interview with Reuters, Schwartz argued that despite the fact that banks acknowledge blockchain technology’s potential in reducing transaction times and costs, the technology is still not

2018-6-14 09:20


Brad Garlinghouse, Ripple CEO, answered candidly during an interview about crypto’s prospects for the future. Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners

Among other criticisms, he stressed blockchain technology is mostly hype, and that bitcoin core (BTC) is controlled by Chinese miners and has no hope of being a world currency. And while Ripple certainly was the hot topic, Mr.

2018-6-13 21:18


Плата за мнение потребителя, спекуляции Ripple или реальная инициатива будущего?

Дэвид Шварц, один из пионеров Ripple XRP, совсем недавно выступал на MoneyConf 2018, на котором заявил, что представители мировых банков и финтек объединяться, чтобы обсудить различные финансовые детали.

2018-6-13 18:12