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3 Reasons Why Uber Will Adopt Ripple (xrp) For Cryptocurrency

3 Reasons Why Uber Will Adopt Ripple (xrp) For Cryptocurrency

3 Reasons Why Uber Will Adopt Ripple (XRP) for Cryptocurrency 3 Reasons Why Uber Will Adopt Ripple (XRP) for Cryptocurrency Ripple (XRP)Coming off a strong start to 2018, with multiple partnerships in the worlds top five global money-order companies , Ripple is looking to expand implementation for XRP. Weve written before why Ripple is the obvious choice for an online, commerce giant like Amazon. Porsche, the German-based sports car manufacture, could also look to the market-leading utility of XRP as a portal into cryptocurrency. However, Uber, the U.S. based ride-sharing giant, also has a strong possibility of entering the crypto marketplace. Ripple, more than any other currency on the market, offers the most benefit in a transaction-based partnership. Here are some reasons why Uber could look to Ripple as its cryptocurrency of choice in 2018 and beyond. Ripple Offers the Most Potential in Usability Regardless of brand name or media attention, no company is going to adopt a cryptocurrency that will provide significant hurdles to growing use and adoption. Therefore, in order to predict the currencies most likely to be implemented by companies as large as Amazon, Starbucks, and Uber, the first place to look is always the utility and features the cryptocurrency provides in order to be used as a global payment service. For most cryptocurrencies besides Ripple, two limitations come to mind: The inability to scale. Bitcoin can handle 7 transactions per second. Think about all of the people using ride sharing services around the world, in addition to people sending and receiving Bitcoin for outside reasons. The transaction congestion placed upon BTCs network is never going to open the door for greater usabilityat least not in its present form. Ripple has been designed from t Continue reading >>

What Could Be The Future Value Of Ripple (xrp) Cryptocurrency?

What Could Be The Future Value Of Ripple (xrp) Cryptocurrency?

What could be the future value of Ripple (XRP) Cryptocurrency? Originally Answered: What is the return of Ripple (XRP) in one year? Ripple (XRP) currently Trading at $0.166099 and is equal to 0.00003801 BTC. Ripple may be the latest craze in the cryptocurrency world. Although its price still lags far behind Ethereum and Bitcoin, it has nonetheless gained 3800% in recent months, catapulting it to the number 3 spot on the list of over 100 cryptocurrencies with regard to market capitalization. What's more important, perhaps, is the technology that Ripple offers aside from its currency. The Ripple blockchain protocol has gained recognition by more than 60 major financial institutions around the world, with the National Bank of Abu Dhabi one of the latest to incorporate it into its practices. Ripple has, in this way, broken a barrier that virtually no other cryptocurrency has, by finding a way to integrate itself within the broader financial world. To some, this spells a new way for the future of the digital currency industry. To others, though, Ripple has some significant security weaknesses. A YouTube Cryptocurrency News Host, Analyst and Educator #1 Cryptocurrency FaceBook Group: Log into Facebook | Facebook I honestly think that the cryptocurrency is not going to be worth very much in the future. And not because Ripple is going to be unsuccessfully I believe it will. Its because XRP has very little value when their competitors can offer the same exact services without the need for a native asset. Ripples core competition are the new breed of permissioned blockchains that have been developed by Hyperledger, JP Morgan and R3 Corda. These blockchains do the same things as Ripple, offering to trade financial assets on the blockchain without high costs. But what Ripples comp Continue reading >>

Ripple Wants To Invest In Startups That Can Put Its Xrp Cryptocurrency To Work

Ripple Wants To Invest In Startups That Can Put Its Xrp Cryptocurrency To Work

Payments company Ripple says it plansto invest in startups and technology companies to develop more uses for XRP, its cryptocurrency that is currently the third largest digital token behind bitcoin and Ethereum based on total market cap. The value of XRP shot up in December and January following acrypto market rally that saw bitcoin reach nearly $20,000 per coin. The collective value of XRP was worth more than $128 billion at peak before a market crash in January walked those prices back significantly. Today, the token has a total market cap of around $30 billion, but Ripple has come under fire for a perceived lack of use for XRP, which has been marketed as a tool for banks but has attracted only cross-border payment services as customers. Speaking on the sidelines at Money2020 in Singapore , Ripple CEO Brad Garlinghouse told TechCrunch that Ripple is staying focused on enabling banks to use its software solutions a mix of services, some of which dont utilize XRP but it is eying investments in companies that could offer alternative uses for XRP. We, Ripple, will stay focused on solving that institutional use case, but we would certainly partner with companies that are looking to use XRP in lots of different ways, said Garlinghouse, whose net worth was pegged at at least $9.5 billion by Forbes in January. Garlinghouse said that Omni, a San Francisco-based startup that offers storage and rental services for goods, is a blueprint for that plan. Ripple and two of its executives led a $25 million investment in Omni in January and the startup has agreed to introduce XRP within its service. You should expect that youll see more of those, Garlinghouse said. Ripple is not the only company preparing touse the windfall of a highly-valuedcrypto token to advance its business or eco Continue reading >>

Ripple's Xrp Might Be The Next Crypto Futures Market

Ripple's Xrp Might Be The Next Crypto Futures Market

Ripple's XRP Might Be the Next Crypto Futures Market Mar 20, 2018 at 12:00 UTC|UpdatedMar 21, 2018 at 12:48 UTC Bitcoin futures may have been launched with tremendousfanfare - but XRP futures, on the other hand, not so much. In fact, U.K.-based startup Crypto Facilities has been operating a futures market for the world's third-largest cryptocurrency, developed by blockchain startup Ripple Inc., for almost 18 months now . And while the company's CEO, Timo Schlaefer, has been tight-lipped about the product so far, he sees trends in recent data that indicate broader XRP futures adoption may be on the horizon. "We have pretty good order books,"Schlaefer told CoinDesk, "And we're in the process of working with some of the large market makers to draw that further." Indeed, when bitcoin was still months awayfrom getting its first Commodity and Futures Trading Commission (CFTC) regulated bitcoin derivatives, Schlaefer's company had quietly partnered with Ripple and launched XRP futures - its second cryptocurrency futures product after bitcoin to be regulated under the UK's Financial Conduct Authority (FCA). Later, when Chicago commodities giants Cboe and CME Group opened their first bitcoin futures in December, Crypto Facilities' own XRP futures were trading $14.2 million in volume a month. And by the time Cboe'sfirst bitcoin futures contract expired in January, Crypto Facilities' XRP futures had almost doubled in volume to $24.6 million. Yet, few outside the firm's own pool of investors even knew the futures were being traded, much less with that kind of volume. Now, that appears to be changing with the company on track for another positive month, and others exploring the contracts. "The liquidity has been growing quite a lot," Schlaefer said, adding: "We have seen our volume Continue reading >>

Ripple To Invest In Startups That Advance Xrp | Pymnts.com

Ripple To Invest In Startups That Advance Xrp | Pymnts.com

Ripple , the blockchain payments company, is gearing up to invest in startups and technology firms that create more uses for its cryptocurrency XRP. In an interview with TechCrunch on the sidelines of Money2020, the payments conference currently being held in Singapore, Brad Garlinghouse, CEO of Ripple, said the company is focused on enabling banks to use its blockchain software offering, while also looking to invest in startups that could provide alternative uses for XRP. We, Ripple, will stay focused on solving that institutional use case, but we would certainly partner with companies that are looking to use XRP in lots of different ways, said Garlinghouse, pointing to Omni, a San Francisco-based startup that provides storage and rental services through XRP. TechCrunch noted that Ripple and two executives from the company were the lead investors in Omni back in January. You should expect that youll see more of those, Garlinghouse said. Using XRP for marketplaces and micropayments would be a different focus for the digital token, which is typically aimed at banks and financial firms. However, whether or not XRP is successful for alternative uses depends on if it finds the right partners to give the cryptocurrency justification for its value. As it stands, TechCrunch argued, XRP is still only an asset that validation for its current worth. The commentary out of Garlinghouse about the potential for future startup acquisitions comes after Ripple announced earlier this month that it has created a new payment app in which transactions are settled instantly.According to news from CNBC at the time, the new app was created with a group of 61 banks in Japan. Dubbed Money Tap , the mobile app will launch in the fall and will be initially offered through SBI Net Sumishin Bank, S Continue reading >>

Ripple (xrp): What If The Worstcase Scenario Actually Happens?

Ripple (xrp): What If The Worstcase Scenario Actually Happens?

Ripple (XRP): What If The WorstCase Scenario Actually Happens? No other cryptocurrency, even Bitcoin, comes closer to Ripple (XRP) and the kind of week it has had as we close weekend. On a scale of 1-10, this cross-border payment crypto, could claim to have dominated 9/10 in every sense of the word. The bearish market may have seen all cryptocurrencies plunge to new price lows, but that wasnt all for Ripple. And it all comes down to one thing: Ripplenet is fast shaping up to be the future of cryptocurrency. And in the words of CEO Brad Garlinghouse, even if Ripple did go away some day, the XRP ledger will forever be there. In short, we should be ready to have the best of XRP for generations to come. Its unlike some of the cryptocurrencies that come up out of nowhere, claiming to be ready to disrupt this or that industry. Many promise a lot of hot air and then quickly fade into thin air without a single use case achieved. But Ripple knows whats good for the world In relation to cryptocurrency and what role it needs to play in transforming the world, Garlinghouse castigated ICOs. He took a swipe at how many of the coin offerings we see are only interested in making money. While speaking with CNBC at the Money 20/20 Asia, the outspoken CEO reminded the world that his platform was driven by a desire to see positive impact from cryptocurrency. He said that: Better sometimes to focus on solving real problems for real customers, and not worry about running infrastructure for a token issue, getting listed on exchanges and all the steps that come with that, Garlinghouse added. While he addressed questions on volatility and how that could affect XRP use, this is what the Ripple CEO said: Were talking about three seconds of volatility risk when using XRP for cross-border payments Continue reading >>

Bitcoin Price Latest: Value Of All Biggest Cryptocurrencies, Including Ripple Xrp And Ethereum, See Huge Climb

Bitcoin Price Latest: Value Of All Biggest Cryptocurrencies, Including Ripple Xrp And Ethereum, See Huge Climb

Bitcoin price latest: Value of all biggest cryptocurrencies, including Ripple XRP and ethereum, see huge climb Digital currencies are gradually reversing the dramatic plunge seen in recent weeks Bitcoin and other digital currencies are surging as the market continues to recover. The price of every bigdigital currency has risen by significant amounts. Bitcoin, the biggest of them, has risen nearly 13 per cent over the last day and is nearly at $10,000. Cryptocurrencies are continuing to make back many of the losses sustained when the market plunged in recent weeks. They are still far from the heights of December when bitcoin nearly hit $20,000 but are a long way from the dramatic lows hit when the price dropped after that. Designed by Pierpaolo Lazzarini from Italian company Jet Capsule. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. A humanoid robot gestures during a demo at a stall in the Indian Machine Tools Expo, IMTEX/Tooltech 2017 held in Bangalore A humanoid robot gestures during a demo at a stall in the Indian Machine Tools Expo, IMTEX/Tooltech 2017 held in Bangalore Engineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the Hankook Mirae Technology in Gunpo, south of Seoul, South Korea Engineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the Hankook Mirae Technology in Gunpo, south of Seoul, South Korea The giant human-like robot bears a striking resemblance to the military robots starring in the movie 'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Engineers test a four-metre-tall humanoid manned robot dubbed Method-2 in a lab of the Hankook Mirae Technology in Gunpo, south o Continue reading >>

Ripple (payment Protocol)

Ripple (payment Protocol)

Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple . Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, [3] it is built upon a distributed open source Internet protocol , consensus ledger and native cryptocurrency called XRP (ripples). Released in 2012, Ripple purports to enable "secure, instant and nearly free global financial transactions of any size with no chargebacks." It supports tokens representing fiat currency , cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. [4] [5] At its core, Ripple is based around a shared, public database or ledger, [6] which uses a consensus process that allows for payments, exchanges and remittance in a distributed process. [7] The network is decentralized and can operate without the Ripple company; it cannot be shut down. [8] Among validators are companies, internet service providers, and the Massachusetts Institute of Technology . [9] [10] Used by companies such as UniCredit , UBS and Santander , Ripple has been increasingly adopted by banks and payment networks as settlement infrastructure technology, [11] with American Banker explaining that "from banks' perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like bitcoin," including price and security. [12] The predecessor to the Ripple payment protocol, Ripplepay, was first developed in 2004 by Ryan Fugger, [13] [14] a web developer in Vancouver, British Columbia . [15] Fugger conceived of the idea after working on a local exchange trading system in Vancouver, and his intent was to create a monetary system that was decentralized and could effectively allow individuals and communities to create their own mo Continue reading >>

8 Sites To Buy Ripple (xrp) Cryptocurrency Coin Instantly

8 Sites To Buy Ripple (xrp) Cryptocurrency Coin Instantly

Shapeshift and Changelly are presently the simplest method to purchase Ripple. Again, remember, you need bitcoins before this step since it is very hard to get Ripple without Bitcoin. First of all, the user must own Bitcoin, which is purchasable via sellers like Coinbase and Circle. Once the user has bought some amount of bitcoin, he or she is prepared to purchase Ripple. The second step is that the user must possess a Ripple address where he or she would receive the funds. The simplest method of obtaining an address is by using a Ripple wallet. A Ripple is required, with the purpose of Shapeshift and Changelly being able to direct the Ripple back to the user. An account on Poloniex or another exchange can be opened but it would be better to use a real and secure XRP wallet like the Ledger Nano S . After acquiring an address, the user has to visit Shapeshift or Changelly in order to label Bitcoin as the Deposit currency. The deposits will be made in Bitcoin and Ripple will be the Receive currency, that is, the user will receive the conversion in Ripple. Then, the user must paste a Bitcoin return address (in the event the users transaction to Ripple is not successful and his or her Bitcoin is required to be sent back). Lastly, the user needs to send his or her Bitcoin to the deposit address provided by Shapeshift or Changelly . Subsequently, the deal is processed and the funds are sent making this the last step, and the user an owner of XRP. Here are the trading pairs provided by Bitstamp In order to purchase XRP on this exchange, the user will be first required to generate and authenticate an account with Bitstamp. To open an account, these steps need to be followed: Carefully read the guidelines, following the instructions to confirm the Follow the additional set of i Continue reading >>

Got Xrp? Here Are 7 Reasons Why Ripple (xrp) Is A Must Have

Got Xrp? Here Are 7 Reasons Why Ripple (xrp) Is A Must Have

Got XRP? Here are 7 Reasons why Ripple (XRP) is a Must Have Ripple XRP has been in the news for a better part of this year with a mix of facts and rumors but still remains focus on its goal; disrupting the banking and currency processing industries. Ripple developers have been working round the clock to make the platforms dream come true. The social media and market expert opinions tend to sway digital currencies to a specific direction. However, Ripple remains stable and continue to shake the movers in the financial and money transfer players. If you are yet to adopt this wonder coin, here are some 7 reasons why Ripple is a crypto you should have today. Ripple XRP is Taking over the Banking Industry by Storm Plans are underway for Ripple to partner with half of the worlds banking institutions according to the coin SEO, Brad Garlinghouse. If the news is anything to go by, Ripple going to be the first blockchain backed technology to tap into the prestigious banking sector. Ripple has the right tolls that can easily be integrated into most banking systems for fast money transactions at lower costs. Fast currency transfers have always dogged the banking sector and introducing the xRapid, xCurrent and xVia software will change how money changes hands across the borders. Everyone is Using Ripple Currency Processor Platform The above statement might seem far-fetched by statistics indicate that over billion dollars worth of transactions have so far gone through the Ripple network a week ago. This is a surefire show of the networks credibility. However, this is through Ripples partnership with Tencent Holding Limited. These transactions could be local or cross border and it is a huge milestone given that Ripple transactions only attract 0.000012 XRP for every confirmation. Thi Continue reading >>

Uphold Adds Buy And Sell Options For Ripple's Xrp

Uphold Adds Buy And Sell Options For Ripple's Xrp

Uphold Adds Buy and Sell Options for Ripple's XRP Digital payments startup Uphold announced Wednesday that it has added support forRipple's XRP cryptocurrency. XRP joins Uphold's existing list of currencies and cryptocurrencies that can be bought or traded, with bitcoin, ethereum and bitcoin cash, among others, already on the menu. According to vice chairman J.P. Thieriot,the move follows a Twitter poll earlier this month that indicated XRP was the most-desired token to be added, taking 51 percent of just over 12,000 votes.It also comes following a $57.5. million investment from former Ripple chief risk officer Greg Kidd in January,and Uphold's acquisition of mobile commerce platform Cortex MCP a month later. Uphold has been working on integrating XRP for roughly a month, said Thieriot, who explained: "Generally we have to find counterparties we can trade with, given our system, [since] we don't have an internal orderbook. We have to create an integration with a third party. In the case of XRP, it's an entirely new blockchain - it's not like adding an ERC-20 token, which is relatively trivial for us." XRP can be exchanged with no fees being charged, and can be traded or used in transactions across Uphold's existing offerings, according to statements. These include seven cryptocurrencies and 23 fiat currencies, on top of four precious metals. According to Uphold, the next phase of support involves integrating with the Ripple network itself, enabling direct deposits and withdrawals via the mainnet. The company said that this should be rolled out in the next few weeks. The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies . CoinDesk is an independent operating subsidia Continue reading >>

Ripples Xrp Is The Biggest Loser Of The Cryptocurrency Bloodbath

Ripples Xrp Is The Biggest Loser Of The Cryptocurrency Bloodbath

Ripples XRP is the biggest loser of the cryptocurrency bloodbath Ripple's XRP is down 79% from its all-time high, compared to bitcoin's 65%, and Ethereum's 52% drops. Crypto markets are used to extreme volatility, but now their wild price swings are coupled with stock market panic selling . You can track the price of 13 cryptocurrencies in real-time here>> All cryptocurrencies have plunged off their all-time highs from this earlier winter. The total value of all digital currencies has fallen 61% from its peak of over $826 billion on January 7, to just $320 billion Tuesday morning. Ripples XRP , the third-largest cryptocurrency by market cap, seems to have experienced the worst of the selling. The token, designed for international payments and money transfers, is down 79% from its January high of $3.3153, falling to just $0.672 per token Tuesday morning. Bitcoin , still easily the most well-known and largest cryptocurrency comprising 36% of the total crypto market value, is down 65% from its high, currently trading at $6,752, according to Markets Insider data. Ethereum , the second-largest crypto by market cap is down 52%, from $1,420 to $669. Bitcoin cash is down 78%, from $4,053 to $862. In a note to clients Tuesday, Steve Strongin, Goldman Sachs' head of global investment research, said the extreme correlation between cryptocurrency prices worried him. "The high correlation between the different crypto currencies worries me," Strongin wrote. "Contrary to what one would expect in a rational market, new currencies don't seem to reduce the value of old currencies; they all seem to move as a single asset class." Last week, crypto prices were put under pressure by tech companies, as well as governments. Facebook on Friday announced it would ban all ads for bitcoin, crypto Continue reading >>

Ripple Gives Away $29 Million Of Its Cryptocurrency To Public Schools

Ripple Gives Away $29 Million Of Its Cryptocurrency To Public Schools

Ripple gives away $29 million of its cryptocurrency to public schools Cryptocurrency startup Ripple donated $29 million of its own digital currency XRP to fund public schools. The donation, which Ripple says is the largest-ever cryptocurrency gift to a single charity, fulfilled thousands of requests from teachers on the website DonorsChoose.org. The money will be used to buy classroom materials for more than 28,000 public school teachers across all 50 states, Ripple says. Published 5:09 PM ET Wed, 28 March 2018 The logo of blockchain company Ripple is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Cryptocurrency startup Ripple donated $29 million of its own digital currency XRP to support U.S. public schools, the company announced Wednesday. The donation, which Ripple said is the largest-ever cryptocurrency gift to a single charity, fulfilled thousands of requests from public school teachers on the crowdfunding site DonorsChoose.org. The money will be used to buy classroom materials for more than 28,000 public school teachers across all 50 states, the company said in a statement. Charles Best, founder and CEO of DonorsChoose.org, said he approached Ripple based on CEO Brad Garlinghouse's previous involvement with the foundation. He sent Ripple executives an email laying out the possible impact of fulfilling the teachers' requests. "To my own shock, they said yes," said Best, who founded the charity 18 years ago. "It was mind-blowing that it would be the largest donation of cryptocurrency." Ripple is officially the name of a San Francisco-based company developing a network for faster global financial payments. XRP is the name of the digital token that financial institutions on the network can use to transact quickly. Rip Continue reading >>

Ripple (xrp): The New Promise Of Cryptocurrency Futures Market

Ripple (xrp): The New Promise Of Cryptocurrency Futures Market

Ripple (XRP): The new promise of cryptocurrency futures market March 22, 2018 By Ali Qamar 3104Views 1Comment Unlike Bitcoin futures market, XRP promises an authentic benefit for futures digital currencies investments.Regarding this, Ripple INC. has been deploying a futures marketplace for the intended third-biggest cryptocurrency for almost two years now, which will belong to the startup Crypto Facilities. Still, theres not much information about it, but as the CEO himself recently told CoinDesk, they are on their way to work along with some of the best market makers. As a matter of fact, it wasnt until Bitcoin was very close to getting their Bitcoin derivative regulated by CFTC (Commodity and Futures Trading Commission), that Schlaefer decided to quickly partner with Ripple in order to launch XRP futures, the second futures-related cryptocurrency after the Bitcoin futures product got regulated by FCA (Financial Conduct Authority) of UK. Later on, XRP futures had a trading volume of $14.2 million a month, this afterCME Group and Cboe opened in December their first futures product. A little later, just when the BTC futures contract of Cboe finished , XRP futures increased almost the double reaching the amazing number of $24.6 million. Even so, it was not known by the outsiders that futures got traded in that big of a scale, but in fact, this is something that promises to change after the company is exploring now for other contracts and is on the way of keeping the excellent result for another month. The liquidity has been growing quite a lot, Schlaefer said, adding: We have seen our volume growing through February and expect March to set a new record. Even when yet Schlaefer has not revealed the market makers identities hes working with, the information provided to Coi Continue reading >>

Ripple Price News Live: Xrp Plummets Into Red As Cryptocurrency Drops Below $0.80

Ripple Price News Live: Xrp Plummets Into Red As Cryptocurrency Drops Below $0.80

Ripple (XRP) is currently worth $0.79 dollars (7.35am Monday March 13) after a promising start earlier on Monday. Ripple's price fell 2.5 percent on opening tonight, reaching $0.78 by 4.04am GMT, according to CoinMarketCap.com. As of 7.41am GMT on March 13, the digital currency is down by 3.89 percent over the last 24 hours with a total market cap of $30,946,756,607. Bitcoin, Ethereum, Bitcoin Cash and Litecoin are all in the red tonight too, with Bitcoin dropping to $8,956.43 at 8.28pm on Monday. Express.co.uk brings you the latest news and live updates on the Ripple price below. All times in GMT. Ripple price update: Ripple CEO Brad Garlinghouse is certain his payment platform will thrive 7.53am: Could Ripple be the next bitcoin? Ripple chief speculates Ripple CEO Brad Garlinghouse said: I think if were solving a real problem and its at scale, then I think its a compliment. I think the most important thing that is going on in crypto, is understanding what is real and what is just hype. Some I think may look back on bitcoin and find that it was the Napster of digital assets. What I mean is Napster was the first to digitise music and demonstrate, Hey if you digitise music you can do a lot of cool things with that. But ultimately they were circumventing trademark laws, circumventing royalty payments and Government stepped in and Napster was not successful. But Spotify, iTunes, Pandora they were all very successful. I think what youll find is that maybe the next generation of digital assets ends up solving some of the original problems that bitcoin set out to solve. 7.30am: Ripple forecast hints at gains if it closes above $0.82 According to Forex analyst Aayush Jindal Ripple will need to stay above the $0.75 price point to avoid further decline. The analysts said: Once Continue reading >>

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