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Here Is How Ripple’s New Senior V.P, formerly at Facebook, will Hit the Ground Running

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Anyone who has gone through the job interview process and succeeds in getting that new position, knows that being selected means that your new employer believes in your ability. They have probably checked and verified your academic, professional, and sometimes personal background. The Ripple Company has recently welcomed a new Senior Vice President in Business and Corporate Development, Ms. Kahina Van Dyke.

Ms. Van Dyke has over 20 years of experience in banking and technology and will focus on driving new and strategic partnerships for Ripple across the global financial industry.

Her track record in banking and technology includes the following:

  • Working at Mastercard and Citibank
  • Most recently, at Facebook where she led the Global Financial Services team and spearheaded the connection of people around the world to financial services they never had before
  • Forged partnerships while at Facebook with Citibank, PayPal, TD Ameritrade, Visa, Western Union and others. This, in turn, connected people in Asia, Europe, Middle East, Africa and North America helping to provide easier access to their bank accounts and send payments on the platform
  • She spearheaded the partnership between Facebook and Mastercard that enabled micro-payments on the social media platform and further financially connecting more users in Africa

It is with this background in partnerships, finance, and banking, that Ms. Van Dyke will hit the ground running at Ripple as the newest Senior V.P in Banking and Corporate Development.

She is quoted as saying that:

“The correspondent banking networks underpinning today’s global payments were built nearly 40 years ago and designed to accommodate large, corporate payments…we need a new global technology solution for international payments that offers interoperability with existing systems, connecting them and leveraging their value.”

That new global technology solution exists through the various products Ripple offers of xCurrent, xVia, xRapid and allowing banks and remittance service providers to join the RippleNet.

When asked why she joined Ripple, Ms. Van Dyke stated that:

“Ripple provides a real solution for eliminating the friction in cross-border payments. Together, with our partners, we can reduce friction and deliver better options for individuals, businesses and financial institutions. It’s an exciting time in the industry — and I feel very fortunate to be a part of creating the next generation of global payments.”

With the last statement above, Ms. Van Dyke is sure to hit the ground running at Ripple to forge the best partnerships across the globe as well as spearheading financial inclusion to the un-banked in a manner similar to how the facebook/Mastercard partnership brought micropayment services to Africa.

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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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Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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Altcoins

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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collateralized debt position
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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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