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Ripple follows Cardano’s footsteps as it enters Africa

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Ripple
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Not just in relation to Ripple (XRP), all in all, Africa is rarely in the crypto world news. China, Korea, and the US tend to get all the headlines. The fact remains that Africa is one of the world’s regions in which the blockchain has penetrated more into the mainstream because of the continent’s lack of financial institutions as widespread as Europe, Asia, or the Americas. Cardano is a good example.

It’s considered to be the world’s leading project when it comes to third generation blockchain, and it’s been looking to penetrate African markets instead of Europe, Asia or the Americas. In other words: Africa is a very important geopolitically for crypto because at night a candle’s brighter than the sun.

It seems Ripple has seen the writing on the African wall because it’s going for it.

Because of all this darkness surrounding Africa, you probably have never heard about Flutterwave. It’s a company that aims to provide a unified payment solution for the whole African continent in such a way that it can be connected with the world.

The firm has more than 50 African banks as partners, and they process payments for other companies as important as Booking or Uber. It’s been around for two years only, and in that short period, it’s managed to become a huge payments hub in Africa.

And now, Flutterwave has announced it is joining the Ripple Net. That is the network of financial institutions all over the world that are using Ripple’s blockchain and software platforms designed to transfer money internationally quickly, safely and incredibly cheaply.

So far Ripple’s primary emphasis has been focused on Asia and Europe (Banco Santander, for instance, is already settling international payments using Ripple’s technology). While it already had a few partners in Africa, Flutterwave is a massive step because it’s used directly by lots of banks, and indirectly by lots of customers (such as Uber users) so this will create a lot more demand and trade volume for the XRP token.

Flutterwave is going to adopt xCurrent, to be specific. This is one of Ripple’s financial solutions which aims to help banks, remittance services, and financial institutions to perform international payments (even at the micro level).

This is more good news for Ripple in a year in which it’s had lots of great news, even if the price and the market have remained bearish. Ripple’s XRP (the native crypto asset of the Ripple company) currently stands at $0.46 per token, and it’s been getting close to take over Ethereum as the world’s second-biggest currency by market capitalization (in fact, it’s been momentarily over ETH several times over the last couple of weeks). This kind of news can only make things better for Ripple.

Let’s remember something: At this point, most of the fluctuations in the crypto market are due to speculative pressure more than to supply and demand issues. Coins like Ripple’s XRP (or Stellar, Cardano, Tron) are looking for ways to achieve mainstream adoption through usefulness. This will change the game in the market because, as these projects get adoption, they will become useful in real-world terms.

That is the thing that will create demand for their tokens, and the demand will make prices go up because of usefulness instead of speculation. This is the mechanism that will turn cryptocurrencies into actual money, and Ripple is leading the way.

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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.

Image courtesy of Kolibri5/Pixabay

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How Cryptocurrencies Will Change Online Gambling in the Future

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Anyone who has followed online gambling since the beginning can tell you that things don’t stay the same for long. One of the reasons for this is that technology improves at such a ridiculously fast pace, and innovators in this industry are able to match up with those technological changes pretty quickly.

An innovation in technology that the Internet gambling industry has really learned from is cryptocurrency, with bitcoin in particular leading the way. We’ve seen it emerge as an alternative banking method, but it’s going to change the industry as a whole in ways that people can’t quite understand yet.

A Post-Legality Era

Something that has eluded online gambling since its inception is the idea of a global governing body. As it stands right now, each individual country (and smaller units of jurisdiction) have their own governing bodies that oversee in the industry. A lot of these laws are tied to banking laws, and that’s where the legality of playing in bitcoin casinos becomes such an interesting topic.

In the present, we’re seeing country-based regulatory bodies from places like Malta, Gibraltar and the United Kingdom start to work together and recognize each other’s licenses more and more. That’s taking serious steps towards having a global governing entity, and once that happens, the role of bitcoin is going to be even larger than it is now because it’ll…

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VOLUM (VLM) Announces Commencement of Token Generation Event

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ESTONIA, May 4, 2019 – VOLUM (the “Company”), a multi-dimensional blockchain technology holding company, is thrilled to announce the commencement of the Volum (VLM) Token Generation Event (“TGE”) beginning on Saturday, May 4. The VLM utility token is the native cryptocurrency powering the VOLUM supply chain and logistics management platform.

Driven by algorithmically intelligent software tailored to logistics and supply chain management, along with Internet-of-Things (“IoT”) integrated functionality, and a backbone of hybrid public and consortium blockchain architecture, the platform is organized around the Volum (VLM) token. The VOLUM TGE will be managed by deploying ERC20 tokens on Ethereum Mainnet to maximize future access to cryptocurrency exchanges.

The VOLUM platform operates as a comprehensive control center for supply chain and logistics management operations. Companies who use this platform will be able to carry out a wide range of blockchain transactions including: Payments, Rewards, Purchase Orders, Legal Contracts, Regulatory Compliance, Taxation, Shipment Management, Letters of Origin, Customs Documents, Inputs/Outputs and Inventory Ordering, Delivery/Parcel Tracking, IoT Monitoring and Reporting, Big Data Analytics, and Inputs and End-Product Tracking/Traceability.

“The total addressable market for a blockchain-based supply chain solution is nearly $54 trillion globally, with the majority of the world’s workers playing some part of this equation” noted Arnaldo A. Detrés, CEO of Bengala Technologies, LLC, the principle blockchain developer working to build the VOLUM platform. “However, blockchain solutions have been unable to…

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How to Secure Yourself in Relation to Bitcoin: Top VPN Services

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Bitcoin
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Nowadays, more frequently people opt to use cryptocurrency such as Bitcoin while dealing with financial transactions for its convenience, so its increasing prevalence isn’t round-of-the-mill phenomenon but still, its users need to create fully protected cooltechzone to secure their data.

Recently, a great abundance of VPNs have started to accept it as a way of payment and it definitely makes sense: one buys VPN to retain anonymity on the Web, so why not to use the privacy-focused payment method? Paying for a VPN service with Bitcoins or any other cryptocurrency secures personal data from curious eyes leaving no traces.

What is a VPN?

Virtual Private Network (VPN) is generally presented by the group of linked to each other computers via the Internet. VPN boosts protection and provides a high level of anonymity to all types of Internet connections.

Security

While the connection to the ordinary Wi-Fi networks, a user usually gets access to the Internet directly, thus he becomes vulnerable to the hackers and the malware attempting to steal his personal data. On the other hand, applying VPN one transmits and gets data in encrypted form which makes it protected.

Anonymity

Generally, isn’t hard to trace an Ip-address of any user and to identify his location with sufficient accuracy. With the help of VPN, the attacker will only get the address of the removed computer. Undoubtedly, the safeguard…

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