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Ripple News - Transaction Banking Is Not The Future

In a new report, Ripple’s Jinal Surti has published an article on the Ripple news website that discusses why transaction banking is not the future. Of course, Ripple would argue this point as they wish to provide enhancements to transaction banking, through blockchain technology, either way though Surti provides an interesting insight into the opinions of Ripple. According to Surti: “Transaction Banking is in trouble. Banks have already lost 40% market share globally for consumer-to-consumer (C2C) cross-border payments to non-banks. For consumer-to-business (C2B) payments, that number is 30%, for business-to-consumer (B2C) and business-to-business (B2B), around 5%.” Surti goes on to...

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When Will Ripple XRP See $1.00 Again?

We got so close, didn’t we? At the end of April, through the start of May, we saw Ripple XRP balancing out just below $1.00. The $0.90 mark proved to show Ripple some resistance, meaning that it really did struggle to clime above $0.95. Even with this in mind, we still expected Ripple XRP to bump up to $1.00 in another bull run. That bull run didn’t really take off and thus, Ripple XRP didn’t manage to move into $1.00 territory. What we can see today now really does make us question, when we will see $1.00 again? At the...

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Will This Next Move Force Ripple Into Walmart’s Portfolio?

Reports out this week highlight that American commerce giants, Walmart, have filed for a patent which shows a blockchain based marketplace. The idea behind the blockchain in this, is that Walmart could record transactions and purchases from customers on the blockchain, then, using this platform, the customer could then go on to resell their product. By having authenticity from Walmart, within this blockchain, customers would be entitled to ask for more money for their products. Not only does this reduce the risk of counterfeit goods being wrongfully sold, it also ensures that receipts and transaction records can be kept on...

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Maybe This Will Allow Ripple XRP To Take Over Visa And Mastercard

We always hear rumours of Ripple and Visa/Mastercard, this is most probably because at it stands, Ripple’s technology seems to be the most adoptable by mainstream society and that therefore, if a cryptocurrency did some to the fore against Visa and Mastercard, it would most probably be through Ripple and XRP. In a press release on PRNewswire, yesterday we saw an announcement from Modern Finance Chain (or MF Chain) who have produced a new application that has been designed to offer a direct and ready to use alternative service for payment facilitation to Mastercard and Visa. You can see the...

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Ripple (XRP) May Outperform Bitcoin (BTC) And Ethereum (ETH) Again In 2018

Ripple (XRP) is a leading cross borders payments solution in the blockchain industry. The cryptocurrency did exceptionally well in 2017 outperforming both Bitcoin (BTC) and Etheruem (ETH). While, it may seem difficult for Ripple (XRP) to record such gains in 2018, it does seem very likely that Ripple (XRP) may outperform both Bitcoin (BTC) and Ethereum (ETH) again in 2018. The first thing that comes to mind thinking about Ripple (XRP) is, “Ahead of its time.” This has been true ever since the project launched back in 2012 and this is true today. Ripple as a company has surprised many...

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