Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company. Released in 2012, Ripple is built upon a distributed open source protocol, and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes.
Source: ripple.com
Welcome to Five at Five, your late look at the day’s payments and commerce news. Today, we have two stories about the latest developments involving...
A new deal involving SWIFT and 10 Chinese banks represents the latest move in the global competition to facilitate cross-border payments. Get the Full Story...
As part of Ripple’s $50 million pledge for blockchain research, the crypto firm has said it will give $2 million over five years to the...
Thursday (June 14) turned out pretty well for ether, which CNBC described as the “world’s second largest cryptocurrency.” The price of ether increased 9 percent...
The Securities and Exchange Commission’s (SEC) leading authority on bitcoin, cryptocurrency and initial coin offerings (ICOs) has ruled that some well-known cryptocurrencies like bitcoin and...
Western Union’s chief executive Hikmet Ersek said this week that testing Ripple’s cryptocurrency XRP for payments hasn’t given the company any financial benefits as of yet....
While banks have been investigating and investing in distributed ledger technology (DLT) the team at Ripple does not believe that DLTs are likely to make...
It’s not entirely clear yet how — or if — blockchain will transform the financial services market, but that hasn’t stopped industry players from scrambling...