Many of the world’s poor in developing countries — nearly 2 billion, according to the World Bank — struggle to lift themselves out of poverty simply because they don’t have a bank account or financial services.
Ripple is hoping to tempt banks to jump onto its enterprise blockchain network by dangling a rebate, in the form of its XRP digital asset, to early commercial adopters.
Credit Agricole and TransferGo are among the latest financial services firms to join Ripple's enterprise blockchain network, which now claims more than 100 users.
Singapore has publicly stated ambitions to be the world’s leading fintech and innovation hub.
Ripple is to work with financial institutions in South Korea to enable blockchain-based cross-border payments transfers with Japanese banks.
Blockchain startups Ripple and R3 are going to court to resolve a dispute over the unilateral termination by Ripple of an options contract on its XRP digital currency unit held by R3.
Just a few years ago, Ripple opened its doors with a grand vision: to enable the Internet of Value (IoV) to move money like information moves today.
Telindus is proud to announce its integration into the Ripple network consisting of many distributed servers, called Trusted Validator Nodes, which accept and process transactions.
Less than a year ago, SBI Ripple Asia announced the creation of a Japanese consortium of banks who will use Ripple’s technology for payments and settlement.
The Bank of England says that a distributed ledger technology proof-of-concept with Ripple has reinforced its intention to make a new real-time gross settlement (RTGS) platform compatible with DLT usage in the private sector.
© Finextra Research 2017