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Ripple’s (XRP) story could improve a lot because of this

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Ripple’s platforms have been tested many times so far. The crypto comes on top of every test almost every time. Their solutions (xCurrent, xRapid and xVia) are robust, functional and reliable. It’s no surprise why Ripple and their coin (XRP) are being adopted by more banks and financial institutions all the time.

Ripple’s technology will be put to the test again as Bank of Ayudhya (Krungsri), Standard Chartered and Mitsubishi Corporation just announced a test project in Singapore and Thailand.

Ripple Net’s volume has been growing exponentially, and these new partnerships will be a significant milestone for Ripple. The main point in this pilot program is to show how quick and reliable Ripple is when it comes to international payments.

Both Mitsubishi Corporation and Standard Chartered are among the world’s powerhouses. Their liquidity is absolutely without question. If they can turn to Ripple after the pilot works well, that could change Ripple’s history for good.

Ripple’s new business model

It’s called Coil. Not the one you know but a new business model that will find out a way for web owners who are trying to pay their top contributors to deliver. Stefan Thomas, Ripple’s CTO is the man behind this plan, and he’s ready to step down to make it happen.

Also, Ripple’s Chris Larsen and Evans Schwartz have joined the Coil team. It will use Ripple’s interledger protocols in order to offer better rewards for every user and produce better incentives for apps and digital content. The company is based in San Francisco, at Silicon Valley’s heart.

While there is no release date for Coil just yet, it’s fully backed up by Ripple regarding resources and money. It will appear on the web rather sooner than later.

Ripple matches Tron

Zebpay is India’s most important crytpocoins exchange platform. It recently started to allow crypto to crypto trading, and they chose Tron and Ripple to be the first couple of digital currencies to be mutually traded.

Zebpay announced the event through their twitter official account, and positive remarks hailed it. The XRP/TRX is the first coin coupling in the platform, but more are expected to come about in the following days.

The Ripple (XRP) blockchain gets to the top

Ripple organized the VIP blockchain week in New York City. It will bring together enthusiasts, educators, developers, and exchanges. It will be a big event. Snoop Dogg, the American rapper, performed for the attendants at the XRP Community Night which took place a couple of nights ago, May 15th.

Ripple’s price and performance

Ripple’s XRP was trading as low as $0.63 last May 12th which was a big blow for it. But the crypto-coin has been along with other currencies that are leading the pack back into a comeback and recovering green numbers.

XRP’s prices have risen significantly over the last three days. As we write this, it’s at $0.69 per token. Ripple is still the world’s third largest digital coin by market cap at 29.131 billion dollars.

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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 Romildo Campos via Flickr

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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