Tag: Ripple

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Crypto News

Ripple Is Inspired By The World Cup 2018 And Wants To Win The Global Payments Tournament

Several months back, Ripple published a fresh article on the Ripple website discussing the resemblances between the financial breakthroughs and the accomplishments of the World Cup 2018 teams that made it to this year’s tournament. Notwithstanding this, the story remains accurate today, so precise that, in fact, Ripple retweeted it.

What does Ripple have in common with the World Cup 2018 teams?

Ripple feels that the spirit of innovation that lies beyond the World Cup 2018 and the teams which are successful within the FIFA’s most loved competition is one that has to be nurtured in the world of finance. Ripple, by all means, considers that it is up to them to deliver that innovation into the world of finance. To explain what they mean, they made a comparison between the Netherlands and Italy soccer team.

Italy is quadruple world champion, while the Netherlands, although they have never won the World Cup, is regarded as a top international team. However, both teams have failed to make it to the World Cup 2018 tournament because of their reliance on older, more settled players and playing patterns.

Ripple argues that the readiness and desire to embrace innovation has been a decisive factor for the qualification of the other teams and their success this year.

Ripple praised with its partners like Santander and AMEX

Regarding its partners like Santander and AMEX (American Express), Ripple thinks these service suppliers are transforming Ripple blockchain technologies into a vital asset. Furthermore, they consider that anyone who lags far behind in adopting the innovation is in danger of being entirely left out of the competition, in the same manner as the Netherlands and Italy didn’t make it to the World Cup 2018.

With this World Cup 2018 comparison, Ripple practically announced that it is ready to adopt the winning World Cup mentality, teetering between readiness and innovation to lead the financial services sector into the future when every remittance company will adopt blockchain technology, as an integral component of their businesses, and not as a test.

Of course, Ripple talks about its own blockchain technologies, xRapid, xVia, xCurrent, considering them the best for bringing the financial sectors to the next level.

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Crypto News

The SBI Virtual Currencies to Finally Be Added to Ripple’s Online Buying Guide

The crypto-network can be hailed for never missing a development regarding their most loved token, coin or crypto venture. One such individual from the Ripple (XRP) people group is twitter client @XRPSPEED who can be credited as taking note of that Ripple’s site has added SBI Virtual Currencies to its online XRP Buying guide.

Additionally exploring JT’s perceptions produce similar outcomes plus even more. Ripple has additionally included Satoshi Citadel Industries (SCI), listed as a soon-to-be wellspring of XRP. The last company is situated in the Philippines and is a startup FinTech business that is building Blockchain administrations and items with the end goal of financial inclusion in the Philippines. The business is setting up different items and services on the blockchain for the nation.

Is there a mobile app?

SCI manages installment processing, international settlements, speculations and mobile cash payments. One can just dream of the likelihood of a mobile application created by SCI and utilizing Ripple’s xCurrent, that will be as quick and effective as the present working Santander App

Rebit is the one such app from SCI. The app at present keeps running on the Bitcoin network, taking into consideration the exchange of assets worldwide and additionally different payments of payroll, month to month bills and the simple stacking of individual telephones with some prepaid talk time.

The company had additionally reported in May a year ago, that it was dealing with incorporating XRP support over a few of its administrations. In the declaration, SCI expressed that this implies that the liquidity of XRP will keep on deepening with the postings on the SBI Virtual Currencies trade and in addition being accessible on Satoshi Citadel Industries’ different stages later on this year.

Current market investigation demonstrates that XRP is as yet stable at current levels of $0.52 with a slight decrease of 0.63% over the most recent 24 hours. With the new week, not as much as a couple of hours away, lots of dealers and HODLers are trusting it will carry with it the truly necessary crypto-advertise recuperation.

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News Tech

Is Ripple’s (XRP) Value Ever Going to Rise?

A couple of days back, American Express, one of the world’s most significant brands, has chosen to collaborate with Ripple for cross-border installments. This is one of the many financial businesses that has joined forces with Ripple over the most recent a half year for cross-border payments. Today, Ripple (XRP) has more than 150 banks under its crease, all hoping to utilize it as a cost-cutting tool. This focuses on the developing significance of Ripple in the worldwide finance industry. So for what reason isn’t Ripple developing in value at this point?

About XCurrent and XRapid

Indeed, somebody putting resources into Ripple today needs to do as such on account of the long haul see. That is on the grounds that the greater part of the company utilizing Ripple today are utilizing XCurrent. This is a slower form than XRapid, yet one that most companies are using to test the Ripple innovation. Ripple keeps up a system whereby banks that collaborate with XCurrent can change to XRapid once they are OK with system. Given that Ripple is working with many banks, it is just consistent that a significant portion of them will change to XRapid in due time. It spares them over 30% more on the estimation of their cash. When this progress happens, that is when the estimation of Ripple will begin to rise.

This progress could, without much of a stretch, push Ripple (XRP) to over $100. For example, if Ripple somehow managed to be utilized by banks to move at least $1 trillion, the estimation of Ripple (XRP) could ascend to $300. With the sort of financial institutions that Ripple is joining forces with, hitting this figure of $1 trillion is exceptionally plausible, and that, in the course of the next years.

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Crypto News

Ripple (XRP): Ripple Company To Allocate $50 Million To 17 Universities For Blockchain And Cryptocurrency Study

Ripple is one of the largest blockchain companies in the world and its currency, Ripple (XRP), is the closest crypto coin to become a centralized cryptocurrency. In any case, Ripple (XRP) is one of the strongest cryptos on the cryptocurrencies market and the only one which managed to deal with big financial institutions such as Western Union and Banco Santander. Now, Ripple, the owner of the XRP crypto coin allocated about $50 million for cryptocurrencies study to 17 universities, as part of its University Blockchain Research Initiative (UBRI).

Ripple has donated more than $50 million to 17 universities to be invested in studying the world of cryptocurrencies and blockchain. This is not Ripple’s first massive donation, however, as the company has already spent $29 million on public education in the United States.

The new initiative is called the University Blockchain Research Initiative (UBRI) and will provide funding for research programs related to the blockchain, cryptocurrency, and digital payment systems.

In addition to the money, the company will also contribute with its expertise and resources to the research.

Ripple (XRP) will finance the blockchain and cryptocurrency study at 17 universities

For the time being, there are already 17 universities that will participate in Ripple’s UBRI project. Among them, there are some prestigious ones, such as Princeton or MIT, in the USA, while the others are in countries such as Australia, Luxembourg, or South Korea.

The universities’ dedication to the cryptocurrency and blockchain ecosystems will create new job profiles, while the aim of UBRI is precisely to encourage students to pursue a line of research in these fields. Universities may carry out the work and research they deem appropriate in any way they wish.

Besides Ripple (XRP) UBRI project, there are even more prestigious universities that are going to carry out research on cryptocurrency, a fact which says a lot about this digital financial ecosystem.

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Crypto

Ripple (XRP) Aims A Re-branding That Could Help XRP Boost By 200%

We were able to watch a Ripple (XRP) community event which culminated with a Snoop Dogg concert. But, that wasn’t the most significant aspect of the event. More interesting was the rebranding of Ripple and, as everybody knows, a change in a brand doesn’t occur without a good reason behind it. In Ripple (XRP) case, might be the desire to get on Coinbase cryptocurrency exchange. However, Ripple wants to rebrand itself, a fact which could boost XRP by 200%.

Ripple (XRP) & Coinbase

As we speak, the authorities are struggling to claim XRP as a security and some investors support the officials in this action.

Thus, Ripple team knows that the XRP will only be able to boost its value against the USD if it will get listed on big cryptocurrency exchange platforms. And, as it has been revealed in the latest news, Ripple is actually going after Coinbase.

But Coinbase cryptocurrency exchange and other major ones will not be interested in Ripple (XRP) as long as XRP has no legal status and is surrounded by turmoil.

This is why Ripple team re-thought its business and started to rebrand itself in order to increase the interest of big cryptocurrency exchange platforms in Ripple (XRP).

Ripple rebrand can help XRP boost by 200%

As reported on Bitcoin.com, Ripple wants to dissociate itself from its homonymous cryptocurrency in order to “de-securitize” the Ripple (XRP) crypto token.

The odds that XRP to be claimed as a security, in the conditions that Ripple holds the largest amounts of its crypto, are really big, thus, such a classification would have a substantial impact on the XRP price and its performance on the US stock exchanges. In this regard, Ripple would like to separate from XRP but could bump into more trouble in convincing people about the reliability of such a measure.

But, as XRP would become an asset on its own, a listing on one of the major cryptocurrency exchanges such as Coinbase, as well as on the US stock exchange, would bring more transactions, market cap, and value against the USD for the XRP. Thus, Ripple rebrand can help XRP boost by 200% only in the before-mentioned conditions.

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