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The battle between Ripple and Tron: Who will emerge victoriously? - Global Coin Report
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The battle between Ripple and Tron: Who will emerge victoriously?

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Ripple Tron
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Taking a deep look at Tron (TRX) and Ripple (XRP), you will realize that both of them are rivals in the crypto-market today. Recently, Tron (TRX) launched its own MainNet and it got listed in Indonesia’s biggest cryptocurrency exchange platform and as a result of the launch of MainNet, the cryptocurrency is increasingly becoming a threat to other digital currencies including Ethereum.

This is just the icing on the cake, but comparing and taking a bite at each other instead of moving forward might be not in the best interest for the both of them. Nevertheless, if you look at both cryptocurrencies you would discover that they both work to achieve the same goal and that is to get more users to adopt their blockchain technology. For this reason, we are safe to compare these two cryptos and know which of them will attract more investors to their blockchain technology.

Does Ripple (XRP) Have an Edge Over Tron (TRX) Now?

As it stands, Ripple is doing quite well in the market today but it is very difficult to ascertain which of them is better than the other. There haven’t been any public broadcast saying one is better than the other; this is another reason why the comparison of both cryptos need more facts to be added in the study in order to determine which of them, Ripple (XRP) or Tron (TRX) has more hegemony than the other.

To begin with, we are safe to say that Ripple (XRP) is doing very great, due to the fact that it is attaining the goal that has been set by the Ripple Foundation in order to improve the future of their blockchain technology as a well as the main goal of acquiring many users to adopt its blockchain technology.

Furthermore, the Ripple Foundation is more poised in becoming forefront among big financial banks around the world today and this is also the same as Tron. Its major stride this year (so far) is its partnership with Santander, Western Union, and MoneyGram and it is surely a major boost when considering the analysis between these two major cryptos. Indeed, we should not forget that Ripple is the third largest cryptocurrency in the market, too.

Its partnership with Santander paved way for the creation of OpenPay FX which is the first mobile app for cross-border payments. The creation of OpenFX by Santander couldn’t be achieved without the use of Ripple’s blockchain technology. Right now, Santander users in Europe and every part of the world can be able to make cross-border payments to any part of the world much easier. It is essential to know that this application, OpenFX, is secure, fast, and efficient.

And of course, Ripple’s recent alliances with SBI Virtual Currencies exchange and the potential adoption by the Bank of America are worth noting as well.

With these strides, we can easily conclude that Ripple is moving at a faster pace than its counterpart; meanwhile, it constantly surprises the media with exciting news. At the same time, its Ripple Foundation is keeping track in ensuring that it constantly has more user to adopt its technology on a daily basis. Just recently, Brad Garlinghouse, Ripple CEO, hinted many banks would adopt Ripple (XRP) as 2018 ends.

Although there are certain faults on Ripple’s end and that its decentralized system as this is creating more fears among its investors. Besides, there have also been some complaints on Ripple on controlling its currency, XRP, judiciously and the currency is usually being omitted in its protocols such as xCurrent and xVia.

Nevertheless, Ripple Foundation is shrewdly taking care of both Ripple and XRP but it does it in an unusual way employing a different strategy. All in all, we can say Ripple (XRP) stills leads Tron here.

Is Tron Advancing Quicker Than Ripple?

Although Ripple has an edge over Tron in the sense that it was launched much earlier than Tron; but Tron is keeping up with the pace and it is emerging as one of the best digital coins in the world today. Earlier this year, Justin Sun stated his plans (or we can say his dream) to make TRX one of the biggest cryptos in the market, this plan is being actualized daily.

However, the evidence of the plans becoming actualized is in the launch of MainNet, which means that Tron (TRX) doesn’t need the technology of Ethereum to operate anymore. Although, Justin Sun has never come out publically to challenge Ripple or other cryptocurrencies as it seems both Ripple and Tron are working on the goal of introducing as many people as possible to embrace their individual blockchain technology.

Even though Ripple has achieved many strides with major financial institutions all over the world, Tron, on the other hand, has taken much interest In the entertainment industry in making sure that the industry makes use of its blockchain technology for its operations.

Additionally, with the latest achievement in launching its MainNet and a careful thought of designing its cryptocurrency before its initial coin offering has enabled Tron to look like some of Ripple’s features. More than 70 crypto exchanges listing the Tron already is yet another thing that entitles Tron (Tron) for all the fondness.

Nevertheless, with Tron’s strides, it may outdo Ripple in the cryptocurrency market, whereas Coinbase might decide who the leading cryptocurrency is, but they have been many predictions and stakes on who will win. For now, we just need to keep our fingers crossed and see what happens at the end since both cryptocurrencies are achieving great feats every day.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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VOLUM uncorks its track and trace platform for global alcoholic beverage producer ISBG

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VOLUM onboards global wine and spirits producer, ISBG, to simplify its supply chain process with a track-and-trace platform that digitizes and reduces traditional paperwork

 

ESTONIA — March 2019 — VOLUM, the blockchain ecosystem for enterprises, is announcing that ISBG, a global producer of alcoholic beverages incubator, is partnering with VOLUM to implement its platform into its sales and distribution process. The VOLUM platform digitizes and simplifies both traditional paperwork and the supply chain process, using its operational smart contracts.

 

A supply chain can be a difficult process to track and trace. A comprehensive system of organizations, activities, information, and resources have to be accounted for, not to mention the overwhelming amount of paperwork. So, what’s a large corporation to do, if it truly wants to accelerate its supply chain while cutting back on paper waste? VOLUM has developed a blockchain framework that allows enterprises to convert traditional paperwork into a digital process while safeguarding all transactions and steps within a company’s supply chain.

 

VOLUM leverages blockchain technology with an ecosystem that is specifically designed for farmers, manufacturers, distributors, public utilities, governing agencies, financial institutions, and IoT data hosts. The VOLUM…

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Blockchain-Focused ETF Arrives on London Stock Exchange

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blockchain-focused ETFs
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The crypto community is still waiting for the US SEC to approve Bitcoin ETFs, with speculation which application might get approval being one of the hottest topics in 2018. However, come 2019, the US government shutdown dragged on, and the Bitcoin ETF request which had the most potential to see a grant got withdrawn by the very companies that submitted the application.

While the question of BTC ETF remains hanging in the air, blockchain-focused ETFs seem to be a different matter entirely. In a recent announcement by an independent investment managed firm called Invesco, the company has stated that it was about to launch the largest blockchain-focused ETF in the world. They managed to go through with this plan, and the ETFs have reached the London Stock Exchange today, March 11th.

The exchange-traded fund includes a portfolio containing as many as 48 different firms which are bringing exposure to the emerging technology. Among them, there is Taiwan Semiconductor Manufacturing, which is a well-known creator of chips used for crypto mining, as well as the CME Group, which is the first regulated exchange in the US which launched Bitcoin futures. There are many other well-known companies as well, such as Intel, Microsoft, and others.

Chris Mellor, the Invesco’s head of ETF equity product management in Europe, said that blockchain has a huge potential to increase earnings, even though…

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Could Jeff Bezos Turn to Bitcoin to Hide Fortune from Wife?

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Jeff Bezos
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Amazon’s Jeff Bezos has made numerous headlines recently due to his overly-publicized divorce, which shows all signs of being one of the most expensive ones — if not THE most expensive one — in modern history. According to estimates, it might cost him as much as $70 billion, which will make his soon-to-be-ex-wife the richest woman in human history.

However, as the process continues to unfold, many have started wondering if things may have ended up differently for Bezos if he turned to Bitcoin for help.

Bitcoin as a divorce tool?

In the last several years — since Bitcoin and other cryptos hit fame — many have started turning to BTC during their divorce proceedings. In fact, it can even be said that using the largest cryptocurrency in this way has become a new trend. The trend has been gaining so much strength that numerous law companies started including advice on what to do in regards to Bitcoin as part of their websites.

However, while the trend has been picking up in recent years, it is nowhere near as easy as it might seem. For example, if there is even a suspicion of a spouse having undisclosed holdings appears during the divorce process, it might be enough to impact the final decision of the judge. In other words, even if there is a complete lack of evidence, but…

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