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Cryptocurrency Can Be Safer Than You Think

Believe it or not, cryptocurrency investment does not have to be risky, it doesn’t have to be dangerous and investing in crypto doesn’t mean you need to behave like you’re navigating a minefield. As a matter of fact, cryptocurrency can even be seen as an investment option that is safer than many traditional investments, such as stocks and commodities. Of course, you should remember that even when you play it fully safe, cryptocurrency investment still carries an element of risk and that ultimately, you can be left behind if you don’t watch yourself in this industry. The markets are brutal...

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Ripple CTO Speaks On xRapid Volatility & XRP/Libra Rivalry

The Chief Technology Officer at Ripple, David Schwartz is offering a new look at the origins and strategy behind the firms XRP-based payment solution xRapid. Speaking in an interview at the Future of Fintech conference in New York, Schwartz says that xRapid was created following Ripple ran into trouble convincing banks to adopt XRP for cross-border payments. “I think we do have a struggle on our hands to convince particularly banks because banks are extremely conservative. They’re very slow moving. What we’ve discovered is non-bank financial institutions and payment companies are much, much more aggressive and they’re much more interested...

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Ripple’s xRapid Platform Goes Live With New Jersey Startup

The remittance firm, SendFriend has now just gone live with xRapid, Ripple’s XRP-powered solutions for transferring money across the world. The digital asset is designed to make transactions fast, easy, cheaper and most importantly secure. But for SendFriend, the platform will be used for sending money to the Philippines. In 2018, millions of migrant workers across the United States transferred around $650 billion in remittances and spent more than $45 billion in fees using traditional services to send money back home.  With this in mind, the New Jersey-based company announced at the end of last week that it has launched...

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The Future Of Ripple XRP

Whilst the future of Bitcoin is pretty certain at this point (regulation, institutional investment and some level of adoption), more industry specific cryptocurrencies such as Ripple XRP do have a slightly less clear path ahead of them. XRP has been designed as a cryptocurrency that is kept afloat by a range of technologies designed by Ripple. These technologies are attractive to institutions. Yes, they can help the retail investor and even retail banking customers, but generally speaking, Ripple’s technologies are far more interested in ensuring that their future exists within the banking and industrial sector. We believe that XRP will...

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How Ripple Is Infiltrating Banks

Looking at traditional institutions in today’s world, we can see that they are in a race for quicker and more up to date banking technology. Ripple is getting itself into a position to be the solution for these traditional banks. They already have 200 banks on board for the new xRapid platform - which is a huge milestone - but banks are starting to invest in blockchain “lest they are outdone”.  Because of technological advancements throughout the world, banks have found themselves between a rock and a hard place. Do they go with the trend or risk sticking with their...

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