First Of Its Kind: Ripple Helps Build Real-Time Crypto Crime Response System
Ripple has signed on as a founding member of the Beacon network, a system built to spot and stop crypto theft as it happens. Related Reading: Yuan-Pegged Stablecoins On The Horizon As Beijing Rethinks Policy It’s a move that puts a big-name company behind a new, automated method for tracking stolen funds. Short answer: it […]
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Ripple Labs has partnered with global payments company Earthport, providing new channels for enterprise access to Ripple's open-source transaction protocol. Earthport specializes in cross-border payments, maintaining one of the largest open networks of its kind. The company's payments hub features local clearing institutions and payments companies from 60 countries around the world. Additionally, Earthport works with major banking partners like Bank of America, Barclays and BBVA. The partnership provides Ripple with access to a broader pool of potential customers, all of whom are required....
1. What is Ripple? Ripple is the name for both a digital currency (XRP) and an open payment network within which that currency is transferred. It is a distributed, open-source payments system that's still in beta. The goal of the ripple system, according to its website, is to enable people to break free of the "walled gardens" of financial networks - ie, credit cards, banks, PayPal and other institutions that restrict access with fees, charges for currency exchanges and processing delays. 2. What does Ripple do? According to is OpenCoin, the company behind ripple, the currency addresses....
The DoJ’s guidance around cryptocurrency enforcement, that cites "crime" and "criminals" 168 times, has been poorly received. The new cryptocurrency enforcement guidelines by the Department of Justice (DoJ) have received a negative response from segments of the crypto community. Published earlier today by the attorney general for the U.S. William Barr, the DOJ report aims to address the “uniquely dangerous threats to public safety” cryptocurrency poses. Citing the words “crime” or “criminal” 168 times in the 83-page document, many in the community have interpreted the DoJ’s position as a....
According to a report from IBTimes the UK division of Santander is using Ripple blockchain technology for international money transfers. Santander employees have tested the new application that connects the Ripple network to Apple Pay by sending transmissions of £10 and £10,000. Santander Bridges Ripple with Apple Pay. The new application that uses....
San Francisco-based Ripple Labs, a startup focused on building payment and digital asset networks, has unveiled a comprehensive plan for the development of a new smart contract system. Called Codius, the proposed system will be programming language agnostic and work with existing monetary and contractual systems. There are a few cryptographic projects currently seeking to build smart contract solutions, but Codius is perhaps the framework that many in the cryptocurrency space have been seeking to leverage to build asset structures. Stefan Thomas, chief technology officer at Ripple Labs,....