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Here is how Ripple's solutions can help Amazon to reach the next level - Global Coin Report
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Here is how Ripple’s solutions can help Amazon to reach the next level

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Ripple XRP
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You think Amazon has become so big that it does not need any other company’s tech to keep growing? Think again. If the tech is as advantageous as Ripple’s XRP and other solutions, then why not. Here in this post, I’ll try to explain why Ripple’s technology would be the best option for giants like Amazon to reach the next level.

So, in recent times, everyone in the cryptosphere seems to be so worried about the conditions of the market that inevitably many of the holders are starting to succumb to the generalized pressure, and are selling their holdings to protect their investments.

In this sense, for the one part, it results in a very comprehensible action, it just doesn’t seem like the takeoff is at the back of the corner. But on the other, it looks as well like many of the enthusiasts and investors are simply forgetting the normal behavior of the sector, and how we tend to go from the very bottom to a massive peak in a matter of time.

In relation to this, some of the most important figures in the crypto world have shared their thoughts in an attempt to calm the masses. For instance, the CEO of IOHK and co-founder of Cardano (ADA), Charles Hoskinson, recently stated that this is not something new, he said that,

“we’ve been here before,” and as we did before we will manage to take control of the market one more time, we just need to remember that is not that big a deal, “everything’s fine.”

Following the line of being calmed, one may think this is actually the best time to think of the possibilities that many cryptos have, and the help they can provide to the whole market. For instance, Ripple’s XRP, which has the potential for adoption by giant platforms like Amazon could give a quick upturn to the current scenarios. Let’s see how.

What Ripple has to offer

Rumors of a likely adoption of Ripple’s XRP by giants companies are actually not that new. In fact, at the end of last year, it was commented already that Amazon could be adding XRP as a payment solution on their platform, which in case of happening would certainly be great news for the crypto world. But what does Ripple have to offer that may be of interest for Amazon and other tech giants? Here we enlist a few characteristics:

  1. Transaction speed and cost: Ripple’s XRP has proven to be very trustable crypto while making a transaction. In fact, it takes only 3.3 seconds for Ripple’s platform to make a transaction, and when it comes to costs, it is by far one of the cheapest solutions in the cryptosphere with a fee per transaction of only $0.0004, which undoubtedly would be characteristic of interest for Amazon.
  2. Business relations: Ripple has established the most solid partnerships all across the globe, and the best of all is that it has engaged with thousands of banking institutions, creating like this a link between virtual currencies and the regular financial system. Also, the crypto possesses a large number of prominent endorsements already, such as the ones of MasterCard, American Express, Banco de Santander, Western Union, and others; and this, to say the least, is for sure something that would represent a huge benefit for a company like Amazon.
  3. Accountability: Putting aside the current conditions of the market, Ripple’s XRP has always characterized for being one of the top 3 cryptos with the lowest value per coin, which, of course, represents a huge advantage if we take into consideration how would it be the conversion from crypto to fiat money on the Amazon’s platform.

Conclusion

There isn’t a doubt that when it comes to considering a crypto to help Amazon to go further, XRP is the best option. However, some pieces of stuff should be considered as well to think of this as an actual possibility.

For instance, the integration of XRP in each one of the Ripple’s solution could be an essential step towards a broader acceptance, and on the other hand, the adoption on important exchanges such as Binance and Coinbase could also be of use.

Concerning Coinbase, many things still need to be resolved before this becomes a reality, but when we talk about Binance, the possibility is way closer. In fact, Wiss Ratings recently declared that they “think that the #XRP is the fastest digital asset to transfer funds between exchanges.” A message they concluded by saying that “It only makes sense for #Binance to use it as the base #currency.”

We can all be sure that great things are coming shortly. Will Ripple’s XRP be used on Amazon platform? Stay tuned. We all may be surprised.

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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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Top 3 Crypto Trends That Might Go Big in Q2 2019

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So far 2019 has brought a significant change to the crypto industry. Q1 of this year has seen the rise of the idea of IEOs, the crypto space has finally managed to shake off the bears, and numerous coins throughout the industry have seen their prices grow once again.

The latest rally happened only several weeks ago, and it allowed Bitcoin to surge up by $1,000. Most other coins followed in their own way, but the investors are now wondering what to expect out of Q2? The Q1 started off badly, but it ended up being extremely successful. The chances are that history might repeat itself in the second quarter, as there are some key trends that might point the way for the further development of the crypto market.

1. The rise of IEOs

Back in 2017 and early 2018, ICOs (Initial Coin Offerings) were everything that the crypto space was talking about. Their popularity allowed startups to raise billions upon billions of dollars. Soon enough, however, that ended in a pretty bad way. STOs (Security Token Offerings) emerged as an alternative that does not depend on trust, follows regulations, and it actually holds value. However, asset tokenization might still be in its early stages, and this is something that might come back at some point in the future.

In 2019, however, IEOs (Initial Exchange Offerings) started attracting the…

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The Crypto Space Once Again Divided Over Bitcoin SV

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Bitcoin SV
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The crypto community is a strong one, one that managed to bring digital currencies from nothing to an industry worth hundreds of billions of dollars. However, while its strength in this regard is undeniable, the crypto community can be just as fragile given the appropriate conditions. With that in mind, the conditions seem to have been set for a new divide, although the cause is once again the same — Dr. Craig Wright and his Bitcoin SV (BSV).

Craig Wright vs. the (crypto) world

Dr. Craig Wright, the chief scientist at nChain, and the creator of Bitcoin SV. has been a well-known and very controversial figure in the crypto industry. Wright was suspected of being Bitcoin’s creator several years ago, which is possible because no one knows who is behind the name ‘Satoshi Nakamoto.’

Wright was believed to be him, and one theory claimed that he and his friend were responsible for giving life to BTC. However, the theory quickly died out, but not before Wright seemingly liked the idea of assuming the mantle of Nakamoto. He himself started claiming to be Bitcoin’s mysterious creator ever since.

Of course, he managed to gather up some followers, but the majority of the crypto community — while confused — did not believe him. Luckily, there is no need for trust, and Wright should easily be able to prove that he…

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Are XRP and Ripple Going to Be Worth Anything by the End of 2019?

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Ripple
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One surprise recently was when XRP took over Ethereum’s long-held second place in the Market Cap leaderboards. It quickly went back to its traditional and respectable third place behind Ethereum, but it could be a sign of things to come.

XRP has a lot of clout in the market because of the platform it is based on, which is Ripple. A coin that is used for a very specific purpose and with a long term goal in mind is always going to fare better than others. Litecoin, Bitcoin Cash and others have come about because of disagreements in Bitcoin. Therefore they offer nothing except an alternative to Bitcoin as a pure cryptocurrency, while Ripple (and XRP along with it) has something tangible behind it.

Big Banks Back Ripple

Ripple was created in 2012 for a specific reason. It aimed to become a faster and more efficient method to transfer value between banks and countries. This value can be almost anything from currencies to other instruments. While initially, banks were cautious about investing in the company, recently they have been lining up. The crypto winter has helped with innovation int he industry and Ripple has benefitted immensely for it.

The various payment solutions based on Ripple such as xRapid and xCurrent are seeing a large uptake, and this is having an amazing effect on XRP as a whole.…

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