Ripple (XRP)

Ripple aims to improve the speed of financial transactions, specifically international banking transactions.

Anyone who has ever sent money internationally knows that today it currently takes anywhere from 3-5 business days for a transaction to clear. It is faster to withdraw money, get on a plane, and fly it to your destination than it is to send it electronically! Not to mention you will be paying exorbitant transaction fees — usually somewhere around 6% but it can vary depending on the financial institution.

Ripple’s goal is to make these transactions fast (it only takes around 4 seconds for a transaction to clear) and cheap.

The Ripple team currently comprises over 150 people, making it one of the biggest in the cryptocurrency world. They are led by CEO Brad Garlinghouse, who has an impressive resume which includes high positions in other organizations such as Yahoo and Hightail.

Check out “What is Ripple” for more information, including a closer look at what they do, controversies and future prospects.

Top News

Ethereum Completes Istanbul Hard Fork

Ethereum Completes Istanbul Hard Fork

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Tezos Foundation Ready to Fund Ethereum’s Projects

Tezos Foundation Ready to Fund Ethereum’s Projects

The Tezos Foundation (TF) is willing to provide funding for some of the Ethereum Foundation’s projects that were abandoned due to lack of financing. The Ethereum Foundation is planning on shutting down a lot of their international teams in 2020. Nina Breznik tweets on how her team wishes to continue …

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Ethereum Announces it’s Latest Update for Eth2

ethereum post is there proof read it.

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Microsoft Helping Firms to Trust AI using Blockchain

Microsoft Helping Firms to Trust AI using Blockchain

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SBI Holdings to Pay Dividends in XRP Tokens

SBI Holdings to Pay Dividends in XRP Tokens

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Facebook Presses for Regulatory Approval in the EU But Failed

Facebook Presses for Regulatory Approval in the EU

Facebook’s own digital currency Libra continues to push for establishing its presence in Europe. EU finance ministers agreed that private digital currencies should not be permitted until the risks are clearly addressed. Dante Disparte, deputy chair of the Libra project is determined to make a presence in the EU. Facebook’s …

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VeChain Launches VeVote in an Attempt to be More Transparent

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VeVote is a tool that the VeChain community can use to see the incoming changes in the VeChain ecosystem. VeVote provides a transparent and decentralized platform for stakeholders to cast their votes based on their voting authority. The whole process is executed via smart contracts and is recorded on the …

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