World Bank Publishes Report Talking About Ripple And XRP – Here’s What It Says
The World Bank has published a report discussing Ripple’s Interledger and XRP. They indicated that the payment solutions involving XRP were promising, as they enable the exchange of currencies across different networks. World Bank Talks About Ripple And XRP Crypto influencer SMQKE shared a World Bank report on ‘Blockchain Interoperability’ that considered Ripple’s Interledger, noting […]
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A colleague commented to me recently: if you're ever explaining Bitcoin to someone and they're getting it, start talking about Ripple, just to confuse them again. Of course, this was in jest. But, there can be some confusion about Ripple and how it operates. Ripple, just like Bitcoin, is an open-source consensus network and ledger. It achieves consensus every few seconds, making it much faster than Bitcoin. The network creates lines of trust to trade assets between people who are comfortable with each other's default risk. XRP is the native currency of the network and the only native....
In a surprising revelation from the State Bank of Pakistan (SBP) in their 2022 financial stability report, the institution acknowledged the nascent, albeit “promising work” of Ripple and XRP, in the global payment ecosystem. State Bank Of Pakistan Praises Ripple And XRP “While crypto assets offer some benefits, the realization of these benefits still requires […]
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Ripple Labs has sealed new partnerships that will bring its Ripple protocol to two US banks. According to the company's 24th September announcement, Kansas-based CBW Bank and Cross River Bank, located in New Jersey, will be the first American banks to adopt Ripple's open-source distributed transaction infrastructure. The news comes several months after Ripple inked its first deal with the banking sector, when German bank Fidor became the first institution of its kind to integrate the Ripple protocol. Like Fidor, CBW Bank and Cross River Bank will now be able to tap Ripple's low-cost....