Latest news about: xrp

South Korean Bank is experiencing Ripple for international transfers

South Korean Bank is experiencing Ripple for international transfers

South Korean Woori Bank has completed a test series of international transfers on the basis of technologies of distributed registries (DLT) developed by Ripple. According to local business publication ChosunBiz, the first time the Bank has tested technology of Ripple at the end of January, and the current tests represent the second phase. The third… More

Ripple has partnered with payment provider Fleetcor

Ripple has partnered with payment provider Fleetcor

The company Fleetcor Technologies, specializing in the provision of payment services has partnered with Ripple to test the product xRapid, which operates on the basis of cryptocurrency XRP. According to the representative of Ripple, a financial consulting company new York, Cambridge Global Payments, which Fleetcor acquired last year, will also participate in this project. Cambridge… More

Ripple decided to update the underlying technology XRP

Ripple decided to update the underlying technology XRP

Startup Ripple, which stands for one of the top cryptocurrencies, decided to update the basic technology that underlies the product. Ripple is going to release two new official document for peer review one of them describes the algorithm of consensus XRP more formal way, and another way to improve the variety of connections of each… More

Tests XRP Western Union for international transfers

Tests XRP Western Union for international transfers

List of banks and financial institutions that use and test Ripple grows from week to week. Recently it became known that Western Union might join the ranks of these companies. Chief financial officer, Raj Agrawal told the media that the company is on the “testing phase”. Expanding the circle of partners Barely a month has… More

Ripple signed a partnership agreement with the Central Bank of Saudi Arabia

Ripple signed a partnership agreement with the Central Bank of Saudi Arabia

Ripple announced today, 14 February, on the conclusion of a partnership agreement with the Monetary Agency of Saudi Arabia (SAMA), which plays the role of the Central Bank of the country. Under the agreement, banks will use Ripple technology for making international wire transfers. SAMA and Ripple have created a pilot program that will help… More

Ripple concludes a partnership agreement with UAE Exchange

Ripple concludes a partnership agreement with UAE Exchange

Ripple-XRP the Issuer, signed an agreement with UAE Exchange for working in the field of international transfers. CEO of UAE Exchange magazine promotion Manghat praised the technology, which offers Ripple: The incorporation of technology Ripple in our payment system will allow us to offer a completely new experience to our customers. It’s a technology that… More

Chinese payment system LianLian joins RippleNet

Chinese payment system LianLian joins RippleNet

Chinese payment system LianLian announced its decision to accede to RippleNet is a payment network that uses Ripple technology for accelerated international transactions. February 7, LianLian Pay stated that they intend to use xCurrent from Ripple to allow existing customers to make rapid (within one day) international money transfers using the blockchain technology. It is… More