Rating Firm Say Ripple Use “Centralized Institutions”, Gives BBB Rating

The verdict is out. Token Insight, a ratings agency which describes itself as a platform that offer accurate research and analytics contributing to intelligent financial decision and market transparency, says Ripple relies on “centralized institutions and token distribution is currently relatively centralized”.

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SVP of Xpring Ethan Beard Says Ripple Wants to Invest in Blockchain

Ripple is one of the most active and important companies in the cryptocurrency industry. It has been providing services and products to financial institutions to process they cross-border transactions.

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More Customers For Ripple = Higher Price

Several years ago, digital currencies were essentially unheard of and the technology behind them was imperfect and not as advanced as they are today. Despite this, people were still eager to get involved with Bitcoin and started investing.

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Japan Bank Consortium launches its Ripple-powered payment app

Japan has finally given the green light to the Japan Bank Consortium to launch its Ripple-powered payments app for Android and iOS. The news comes straight from Ripple themselves. “The Japan Bank Consortium launched MoneyTap today, a Ripple-powered payments app to offer real time settlement for domestic payments in Japan,” the company wrote on Twitter.

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Ripple’s xRapid Transfers Funds Internationally in Minutes

RippleNet just rolled out its xRapid, a new product that could revolutionize the way financial institutions handle international money transfer. Using the network’s native cryptocurrency XRP, xRapid promises on-demand liquidity.

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Ripple Grapples With Its $21 Billion 'Gorilla': Crypto Asset Adoption

Ripple's "800-pound gorilla" in the room is whether financial institutions will actually use cryptocurrencies in cross-border payments.

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Ripple Swell Day One Roundup: xRapid Launch and RippleNet Use Cases

The first day of the Ripple’s two-day blockchain conference saw some significant updates. As predicted, the San Francisco event turned out to be the launchpad of Ripple’s cross-border payment system, xRapid.

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Swell 2018: Ripple’s xRapid Goes Live, Gets Support From 3 Financial Institutions

Ripple's xRapid payments solutions uses XRP tokens to source liquidity and facilitate instant cross-border payments at low costs. The post Swell 2018: Ripple’s xRapid Goes Live, Gets Support From 3 Financial Institutions appeared first on CoinSpeaker.

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Swell 2018: Ripple CEO Brad Garlinghouse Talks About ‘Internet of Value’

Ripple CEO announced a new company's mission. The startup has explained how financial institutions get to realize the Internet of Value though RippleNet. The post Swell 2018: Ripple CEO Brad Garlinghouse Talks About ‘Internet of Value’ appeared first on CoinSpeaker.

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Swell 2018: the ‘Internet of Value’, New Ripple’s Mission Explained

Ripple CEO announced a new company's mission. The startup has explained how financial institutions get to realize the Internet of Value though RippleNet. The post Swell 2018: the ‘Internet of Value’, New Ripple’s Mission Explained appeared first on CoinSpeaker.

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Ripple’s xRapid Goes Live With 3 Financial Institutions, XRP Adoption Incoming

XRP Sees Use In Financial Institutions After months of development, Ripple, a US-based technology startup (as you are likely aware of), has finally released one of its most promising products yet, which is xRapid.

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Ripple’s xRapid Technology Goes Live

On Monday, October 1st Ripple announced that three financial institutions are scheduled to begin using Ripple’s xRapid product to handle international transactions. The announcement was made Monday at Ripple’s annual two-day conference, called Swell.

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RippleNet Extends Its Reach to 40 Countries for Remittance and SME Transactions

In a world with an ever-growing number of digital currencies and blockchain projects, Ripple is unique as it came with a predefined and much-needed use case. The blockchain technology was to be used to help large institutions like banks easily transfer money globally without going through the hassles of foreign exchange rates and days of […] RippleNet Extends Its Reach to 40 Countries for Remittance and SME Transactions was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

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Ripple (XRP) Has Already Kicked Off The Altcoin Rally

Ripple (XRP) has already kicked off the altcoin rally. It does come as a surprise considering the change of sentiment that Ripple (XRP) has magically achieved over the past few weeks. As always, the team behind Ripple (XRP) shows a glimpse of its talent.

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Ripple Network Shows Fantastic Results After SAP And ATB Cross-Border Payments Project

Blockchain technology is changing the way in which financial institutions work, and this can be seen with the latest developments related to the Ripple Network. Falk Rieker, Global Head of Industry Business Units for Banking at SAP, talked about how traditional financial institutions are using Ripple for cross-border payments. He explained that banks all over […]

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PNC Bank Signs On to Use Ripple’s xCurrent, Joins RippleNet

Ripple has revealed that it has signed its first major U. S. bank to its network. . @PNCBank has joined the 100+ financial institutions on RippleNet. It’s one of the first major U. S. banks to use #blockchain tech to streamline payments into and out of the country.

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PNC Bank joins Ripple (XRP) for global payments on blockchain

Ripple, the enterprise blockchain solution for global payments and PNC Bank, one of the largest diversified financial services institutions in the U. S. announced today that PNC Treasury Management is now a member of RippleNet.

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Ripple’s Partners Might Use xRapid Starting in October, Executive Hints

Some of Ripple’s partners, which currently amount to over 120, might start using the xRapid platform, which means the banks and financial institutions will work with XRP.

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Bitcoin Magazine’s Week in Review: Making Strides Across Industries

Industry buzz surrounded Ethereum this week as community members await the next stage of the coin’s development. The protocol also served as the jumping-off point for a new fully regulated stablecoin.

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RippleNet welcomes National Commercial Bank of Saudi Arabia

Ripple, the enterprise blockchain solution for global payments has confirmed that The National Commercial Bank (NCB) of Saudi Arabia has joined RippleNet, which enables the bank to connect to RippleNet financial institutions around the world.

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XRP Price Analysis September 12th: Ripple’s Moving Ahead, XRP Coin Lacking

Adoption is the foundation of any successful product and that is what Ripple the company has been eyeballing in the last eight months. And they have been largely successful. Different by different objectives, the RTXP protocol was designed with financial institutions and remittance service in mind and the more they join the network, the more […]

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XRP Price Analysis: As Long as Banks Adopt xRapid, XRP Will Always be under Pressure

Despite rampant XRP sellers, fundamentals are bullish just like as predicted by SVP Customer Support of Ripple in Q1 this year. In fact Ripple and their core products have caught on that the RBC Capital Market did mention the benefits of Ripple solutions when financial institutions use them.

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Ripple and R3 Reach Settlement in Year-Long Court Case

A year-old legal battle between two of the crypto industry’s leading organizations is coming to a close. After a volley of countersuits that had the companies jumping from courthouse to courthouse, Ripple and R3 have brokered a settlement that will put the drama to rest.

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Bitcoin Magazine’s Week in Review: Lightning, Launches and Broken Promises

A handful of projects brought their tech to life this week, introducing new payment systems and coins to the industry’s offerings. Meanwhile, Bitcoin’s Lightning Network makes headway for the dev community, and one of crypto’s older and more respected exchanges (arguably) takes a step against the space’s principles.

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Crypto, Blockchain Companies Shine in LinkedIn’s Top 50 U.S. Startups

LinkedIn has been keeping its finger on the pulse of the United States’ most thriving startups, and crypto organizations are showing tremendous signs of life — and growth.

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IBM Introduces 'World Wire' Payment System on Stellar Network

IBM has launched a blockchain-based payment system called Blockchain World Wire. According to IBM, the new payment network uses digital currency on Stellar's blockchain to "clear and settle cross-border payments" in near real time.

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Western Union Explore Settlement Project With Ripple

Western Union might be start using the cryptocurrency Ripple in its new pilot program. The global remittance giant has confirmed that it is currently in discussions with the minds behind the digital currency, Ripple Labs.

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Rumors of Convergence: Will Ripple Combine Its Three Products?

Over the past few weeks, a Ripple leader has been hinting that Ripple’s three major services will be consolidated into a single service. The Ripple network and the XRP token serve as a bridge between foreign currencies, and Ripple has aimed to form partnerships with various financial institutions.

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International Monetary Fund (IMF) Could Aid in Bitcoin and Ripple Adoption with Financial Institutions

The International Monetary Fund May Be Helping Financial Institutions Adopting XRP It will be very important to follow whether XRP is going to be acknowledged as a security or not. The cryptocurrency world is waiting since a very long time about this decision.

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‘Banks are in Fear of being Disrupted by New Technology,’ Says Ripple’s new CTO

The Ripple company recently promoted David Schwartz from being the company’s Chief Cryptographer to the firms Chief Technology Officer. Mr. Schwartz replaces Stefan Thomas who now currently runs Coil and the Codius smart contract platform.

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Ripple (XRP) Might Still Make Big Gains This Year

Ripple (XRP) had a catastrophic year so far. In late 2017 when Ripple (XRP) became so popular that it passed Ethereum (ETH) in market cap briefly and became a direct Bitcoin (BTC) competitor, Ripple (XRP) fans on most platforms were talking about how Ripple (XRP) could become the top cryptocurrency.

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This Traditional Stock Exchange is Getting Into Crypto Trading 100%

Along this exciting journey of cryptocurrencies, crypto-markets and blockchain technology, we have seen traditional banking institutions embrace blockchain based payments solutions such as those offered by Ripple, as well as some banks opting to patent their own blockchain ideas.

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Ripple Adds Facebook, Mastercard and Citibank Veteran to Leadership Team

Real-time gross settlement system, currency exchange, and remittance network Ripple has announced the addition of Kahina Van Dyke to its leadership team as the new senior vice president of business and corporate development.

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Bitcoin Magazine’s Week in Review: Exchanges, Altcoins and Allegations

Coinbase continues to grow with their new high-end investment product Coinbase Custody, while Binance had to run a system update following some issues with its Syscoin wallet API.

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Mojaloop: Ripple (XRP) Partners with Bill & Melinda Gates Foundation

Ripple in Partnership with Bill and Melinda Gates Foundation Bill and Melinda Gates Foundation have seen the need to partner with the now popular Ripple digital currency to connect un-banked people with financial institutions in developing countries.

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Ripple To Make Waves Within Indian Remittance Services

A new post on the Ripple website discusses how Ripple plan to enter the Indian remittance economy. Ripple recognise just how large scale remittance payments are in India, given that according to Ripple, over the past few years, India has been the largest receiver of remittance payments, in 2017 alone, $69 Billion flowed into India through remittance services.

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U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.

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Coinbase CEO Brian Armstrong Launches Cryptocurrency Charity Fund

On June 27, 2018, Coinbase CEO Brian Armstrong announced his new cryptocurrency charity fund, GiveCrypto. Armstrong established the philanthropic venture to financially empower people with direct cryptocurrency distributions.

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Banks Turn Remittance Obstacles into Opportunities with Ripple

Over the last ten years, changes wrought from the 2008 financial crisis along with a marked increase in fraud and terrorism funding concerns, have consolidated the world’s system of correspondent banking.

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Ripple CEO Urges Coinbase to List XRP

Brad Garlinghouse, the CEO of Ripple, believes that Coinbase should list XRP along with its other supported cryptocurrencies. The Ripple chief also adamantly claims that XRP is not a security.   ‘It’s in Coinbase’s Interest to Participate’ Garlinghouse has lent his voice to the Coinbase/XRP saga.

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Much Ado, Much to Do – Part 3

This is the third post of three in a series on Ripple’s vision and product strategy. You can read the first here and the second post here. Strategy Two: Solve Liquidity Management with xRapid Cross-border payments usually involve a currency trade.

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Much Ado, Much To Do – Part 2

Financial institutions have built the systems and teams to legally operate payments businesses.

The post Much Ado, Much To Do – Part 2 appeared first on Ripple.

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Demystifying Digital Assets Part 3

Blockchain might seem often synonymous with Bitcoin — but the reality is that the most impactful application of distributed ledger technology isn’t just as a store of value — instead it’s in a use case designed to revolutionize how companies make payments across borders.

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Introducing the Ripple and XRP Video Series

The establishment of an Internet of Value — where money can move like information —  will be the ultimate culmination of Ripple’s story. It’s a story we’re writing every day using blockchain powered solutions that changes how money moves around the world.

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Demystifying Digital Assets Part 1

While blockchain and digital assets have become increasingly popular, it’s hard for many outside the industry to see beyond the buzz. The adoption of the technology combined with the right digital asset can provide benefits that can drastically improve the way financial institutions do business.

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Internet of Value Depends on Interoperability, Not Blockchain Alone

An important and highly relevant question has emerged in the financial industry: How does blockchain technology help institutions easily connect to the increasingly diverse types of payment networks? In our view, the ideal global payments network works just like the internet does — by using a common language to connect disparate systems.

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Demystifying Digital Assets Part 4

Blockchain technology has already had incredibly beneficial impacts on everything from medical research to food supply-chain issues — but in the array of potential applications the world sees in the technology —  one of the most impactful could be in changing the way money moves around the world.

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