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Ripple’s five new partnerships are mouthwatering

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Ripple is an enterprise that offers a cryptocurrency and also blockchain solutions for global financial transactions that are safe, reliable and very fast. The firm has offices in San Francisco, New York, London, Sidney, India, Singapore and Luxembourg (basically, they are everywhere it matters to be), and they have more than 100 global corporate customers including Banco Santander, which is considered to be the world’s best bank these days, and it’s the 37th biggest corporation in the world.

The company has just announced that five new clients will be joining their global payments platform (called xVia) so their international transactions will be served by RippleNet.

The new partners are RationalFX (U.K.), FairFX (U.K.), Exchange4Free (U.K.), MoneyMatch (Malaysia), and UniPAY (Georgia).

Ripple’s xVia is an API that is easily integrated into many computer and smartphone ecosystems. It allows users to use RippleNet to exchange Ripple’s altcoin quickly, safely, transparently and at a very low transaction cost. These new partnerships will also give Ripple access to new markets that have been outside any cryptocurrency’s scope so far.

“By tapping our global network with xVia, our customers now access new markets quicker and cost-efficiently,” said Asheesh Birla, senior vice president of product at Ripple.

Birla further added,

“All of these customers run into the same problem: building bespoke connections to banks and networks all over the world. It’s expensive and time-consuming. xVia enables them to grow their overall market share by reaching new customers in new markets, easier than ever before.”

The xVia platform allows payers to use RippleNet to create and sustain a financial connection in which errors and failures are rare, unlike in traditional wire transfers, at a fraction of the cost traditional international transactions usually need.

“xVia will allow us to reach more people, more efficiently and at a lower cost,” said James Hickman, the chief commercial officer at FairFX. Mr. Hickman continued,

“It will also enable us to deliver on our commitment to give customers the most transparent, efficient and truly global money transfer experience possible using RippleNet.”

Ripple is global, and it has physical offices in many crucial cities all over the world. But they are not taking it easy by any means. Just two months ago they announced an expansion that will include India, Brazil. They joined forces with Hong Kong’s LianLian in a move that will bring Ripple to the mainland China‘s market.

Keep an eye on Ripple. They’re getting the right partnerships and growing very quickly.

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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 Neil McIntosh via Flickr

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Crypto Venture UpStake is Redefining the Industry with a Proof-of-Burn Stable Coin

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UpStake, an exciting cryptocurrency project officially launched last year, is all set to take the global crypto community by storm. Unlike hundreds of crypto ventures that fail to make any impression, UpStake is dedicated to delivering a stable digital currency that will pave the way for mass adoption around the world.

London, UK – Jan 16, 2019

London-based crypto startup UpStake is well on its way to revolutionising the global cryptocurrency industry by eliminating many of the limitations that have stifled growth for years. Launched in 2018, this promising initiative is focused on ensuring mass adoption of cryptocurrency by providing a usable, stable form of digital currency to the crypto and blockchain communities across the globe.

This proposed blockchain ecosystem is built around UpStake tokens (UPS), the platform’s proprietary token. UpStake asserts that these tokens have been designed to increase in value over time, and set the stage to build great products and services which result in better user experiences.

In order to ensure continuous increase in value of UPS over time, UpStake has built a Proof-of-Burn model that burns a certain percentage of tokens sold through their exchange.  This model helps create the value that contributes to the ever-growing price point of the token. It not only enables the token price to…

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How Online Casinos Can Adapt to the Growth of Cryptocurrency

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The growth of cryptocurrency is difficult to ignore and industries are having to adapt in order to facilitate all of the people who want to buy goods and services with crypto coins. Multiple coins are on the rise, helping cryptocurrency’s star rise. Bitcoin’s price is back above $4,000 and it is joined by other coins like Ethereum, which makes use of the Ether blockchain.

But accepting cryptocurrency – or appealing to crypto users – isn’t as easy as just tailoring your marketing strategy. Other steps need to be taken and we’ve detailed a handful of these below.

Increased Safety and Security Measures

Online casinos are already very good at ensuring that customers and their data (including personal information and payment details) are kept secure. Some of the existing online safety measures employed by online casinos include HTTPS and SSL, which means that any information passed between you and the online casino will be encrypted and difficult for malicious agents to gain access to. Leading casinos are also certified by…

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Lite.IM Dethrones Facebook After Integrating Crypto Wallet With Popular Messaging Platforms

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With the crypto markets in turmoil, especially after news about a potential hack at Cryptopia, traders and investors need to turn their attention away from day trading.  Instead, crypto traders really need to think long-term and identify projects that are sure to win in the long-term.  In particular, one crypto company is making major headlines after winning an all-important technology battle against the mighty Facebook.  That company is Zulu Republic (ZTX).

Zulu Republic Develops Lite.IM

Zulu Republic is an ecosystem of blockchain tools and platforms, designed as a place where people, businesses, and organizations can thrive on their own terms.  And indeed, Zulu Republic has hit a grand slam with their development of Lite.IM.

Lite.IM is a crypto wallet that has been integrated with several of the most popular messaging platforms such as Facebook Messenger and Telegram.  In addition, users in the U.S. and Canada can also exchange and manage crypto balances through SMS.  Although not all cryptocurrencies are available, the team has selected four of the most popular currencies which include Litecoin (LTC), Ethereum (ETH), Bitcoin (BTC), and the native currency of Zulu Republic (ZTX).

Telegram and Facebook Messenger are extremely popular platforms.  But, potentially even more exciting news, is that the Lite.IM team plan to announce WhatsApp integration in the next 1-2 weeks.  There is a reason why Facebook acquired WhatsApp in 2014, for…

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