Connect with us

Blogs

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

Published

on

Ripple
READ LATER - DOWNLOAD THIS POST AS PDF

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.

For the latest cryptocurrency news, join our Telegram!

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.

Image courtesy of Pexels

Altcoins

HODLing Stellar Is A Good Plan For 2019

Published

on

HODLing
READ LATER - DOWNLOAD THIS POST AS PDF

HODLing, or holding on to a certain asset or assets has always been an extremely useful investment strategy, even before cryptocurrencies were even imagined. Now, with the market being more uncertain than ever, many are wondering what is the right thing to do with the coins in their possession.

Of course, things change depending on the coin in question, but today, we are going to talk about why it is a good idea to hold on to your Stellar (XLM) in 2019.

Why You Should Hodl Stellar (XLM)

The crypto market is rich with hundreds, and even thousands of different projects at this point, and separating valuable ones from those that are destined to slowly fade away can be tricky. However, even the biggest skeptics believe that Stellar is a coin that is here to stay.

XLM was first launched in 2014, and for a long time now, it has been among the top 10 cryptos by market cap. It is an open-source, decentralized protocol that allows users to send fiat currencies by using cryptocurrency as a method of transport. In a lot of ways, it is very similar to XRP. However, the biggest difference is that Stellar aims to offer its services to regular people, while XRP is more interested in working with banks and financial institutions.

Nevertheless, sending money, especially when it comes to cross-border…

Continue Reading

Altcoins

Reasons To Invest In Electroneum In 2019

Published

on

Electroneum
READ LATER - DOWNLOAD THIS POST AS PDF

2018 has been quite a rollercoaster for the crypto space. Coins went up and down more times than anyone could have guessed, not to mention two massive market crashes. However, in a few short weeks, the year will be over, and a new, positive period for the crypto world is expected to arrive.

While there are many predictions for 2019, today we are only interested in one thing — Electroneum (ETN). A lot of people quickly took notice of this coin, and many believe that it is among the coins of the future. Indeed, it has received a lot of attention, and many are interested in why that is, and why investing in it is a good idea. So, let’s take a look at a few reasons why you should invest in ETN in 2019.

1) It is fast

Speed and precision of any service have always been very important to people. This importance is even greater when making a profit depends on it. Electroneum developers were aware of this when they created it, and the coin is up to 5 times faster than Bitcoin. This means that ETN transactions can be confirmed much faster, which in turn reduces fees and waiting time.

Furthermore, there are also plans to create Electroneum Virtual Currency Exchange, which will allow the project to act as an exchange. However, the even…

Continue Reading

Bitcoin

SEC Postpones Bitcoin ETF Decision Once Again

Published

on

Bitcoin ETF
READ LATER - DOWNLOAD THIS POST AS PDF

The new announcement by the US SEC (Securities and Exchange Commission) states that the decision regarding the potential approval of several applications for a Bitcoin ETF (exchange-traded funds) is once again postponed. This time, the SEC declared that the decision will be made by February 27th, 2019.

The application requesting that VanExk SolidX BTC fund get s listed on Cboe BZx Exchange that was published on July 2nd needs to be given order by the commission within 180 days. Originally, the deadline for doing so was December 29th. However, the SEC decided to extend the period for another 60 days, effectively moving it to February 27th.

The SEC stated that designating a longer period for making a decision was found appropriate, as more time is needed in order to properly consider the rule change.

Cryptocurrencies need a sufficient monitoring mechanism, claims SEC chairman

Recent reports claim that the SEC received over 1,600 comments after requesting the public opinion regarding the ETF applications issue. In the past, the SEC rejected many such applications, some of which were even submitted by SolidX itself. In addition, they also rejected the applications submitted by Gemini, the exchange owned by Winklevoss twins. Brothers were attempting to gain ETF approval ever since 2013, although to no avail.

Other applications were also submitted by Direxion, ProShares, as well as GraniteShares. The SEC rejected them…

Continue Reading

Elite