Tag Archives: banks

[ad_2][ad_1] During an interview with CNBC on Tuesday, Brad Garlinghouse, CEO or Ripple, said that the future of Ripple will be bright as many banks will use the XRP register by the end of 2019. The XRP registry is an open source code base. which can execute over 1,500 transactions …

[ad_2][ad_1] One of the largest banks in Asia joins RippleNet. The CIMB Group, the fifth largest bank of the Association of Southeast Asian Nations (ASEAN), will use Ripple's network of banks and financial institutions to feed instant cross-border payments. According to Ripple, CIMB is one of the first banks to …

[ad_2][ad_1] READ LATER – DOWNLOAD THIS POST AS PDF In recent times, there have been huge developments around Ripple and blockchain technology. This continuous development could not be perceived as practical when someone could talk about it last year. Last year, Ripple's CEO, Brad Garlinghouse, mentioned how financial institutions such …

[ad_2][ad_1] The major oil companies BP, Shell and Equinor have joined the big banks and trading houses to launch a blockchain-based Vakt platform for trading in energy commodities. The partnership was reported by an independent news agency covering the S & P Global Platts energy and commodity markets on Monday …

[ad_2][ad_1] Finally, banks may have found a problem that the blockchain can solve now and on a large scale: cross-border currency transfers. The banking sector has seen years of overcrowding and experimentation around distributed register technology, but a project led by JPMorgan Chase, the Interbank Information Network (IIN), is quietly …

[ad_2][ad_1] In a recent interview, Ripple CEO Brad Garlinghouse was asked if he was worried that XRP could be declared a title. To this, he jokingly responded that considering the influence that any news on the XRP listed on Coinbase arouses, XRP is probably more a security of Coinbase than …

[ad_2][ad_1] Fierce reports from regulators have accused traditional banks of inadvertently helping "drug bosses and rogue nations" – allowing them to commit money laundering, make questionable transfers and evade economic sanctions and taxes. It's a problem that goes back decades. In fact, a 1989 New York Times article estimated that …

[ad_2][ad_1] There are several blockchain projects in the cryptocurrency market. Two of the most important are Ethereum (ETH) and Ripple, which uses the XRP virtual currency for some of its products. Ripple, represented by the XRP virtual currency, grew by about 13% in the last days after the rumors concerning …

[ad_2][ad_1] The DTCC post-trade infrastructure giant has started the testing phase to reconfigure credit derivatives on distributed led technology (DLP) and cloud technology. The process will include the participation of 15 of the world's largest global banks, which will conduct structured user acceptance tests to validate the interaction between systems, …

[ad_2][ad_1] The Spanish BBVA and two partner banks have completed the first syndicated loan on the blockchain, providing a working example of how transactions in the $ 4.6 tn market can be simplified and made faster by using technology that supports criptovalute. Syndicated loans have been identified from the start …