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Ripple for the future: Visa transactions speed outclassed by XRP




Ripple (XRP) developments and news have been everywhere for the past days (rather months). The most interesting of all, however, is the fact that Ripple is moving in the direction of becoming one for the future.

XRP’s transaction rate has beaten what can be seen as a landmark that of Visa. In fact, the XRP processing speed is ahead by half – talking of 50,000 transactions per sec for XRP to 24,000 transactions/sec of VISA.

If by any chance you may have doubts about this information; it is public on both Visa and Ripple (XRP) websites. Hence it is safe to say XRP has surpassed visa in that particular section.

In fact, the recent COBALT updates have been the reason behind the increasing gap between Ripple and many other competitors. Another factor for this scenario is the increase in the transaction capacity that has excellent decentralization improvements.

As things stand at the moment, it seems even banks are looking to cooperate XRP-Ripple features into their system is on the rise. Indeed, as the XRP’s speed twice faster than Visa (one of the biggest transaction processor), banks won’t mind shifting to a faster solution for good!

Consequently, the present number of institutions about to implement this tech is at 100+ but we expect that number even to double. Speaking on the matter in an interview, Ripple CEO, Brad Garlinghouse, added that a lot of banks have agreed with the Ripple system and that there were already many announcements on the matter that the firm won’t declare more adoption by banks until the number hits the double (200).

Any difference between XRP alt-coin and Ripple company?

It is important to note that there exists a difference between the XRP alt-coin and the Ripple company. In short, Ripple is a financial transaction company running its business internationally while its owners maintain most of XRP alt-coin businesswise.

Simply to ensure sufficient XRP for financial institutions that it works with so that they can carry fiat-to-fiat conversions (cross-border) or other related XRP transactions.

Many may consider the company a flake due to the fact that it holds a specific number of XRP, but then an average investor can consider it a good choice as the tokens circulating are reduced. Now you can look at BTC and see the number of unconfirmed transactions – that can take a while after all, but when exclusively on XRP this biblical waiting times comes to an end.

That leaves the big question, is Ripple the real deal for the future? Of course, only the time will tell. But, undoubtedly, speed is of utmost importance in financial transactions – so, Ripple’s speed can certainly clear the company’s way towards becoming leading financial transaction firm globally.

We will be updating our subscribers as soon as we know more. For the latest on XRP, sign up below!

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 frankieleon via Flickr


How Can Foreigners Get Loans in Singapore



loans for foreigners in Singapore

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also houses many International students attending many esteemed Singaporean Universities.  

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




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, unlock their full potential, and improve trading performance.  Cryptocurrency trading can…

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CoinFlip Scores Big with BRD Wallet Partnership




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 like Bitcoin and Dash, to help protect their assets and hard-earned…

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