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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


XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?



2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata



Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub ( will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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