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XRP United. It’s not a soccer team

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Ripple’s XRP currency was born with a very specific purpose in mind: to eliminate all the friction that banks and financial institutions have to deal with when they settle international payments using the traditional SWIFT system. XRP and Ripple’s blockchain and technologies were not meant, initially, to be a retail currency that could be used by people like you and me. It was (and to some extent, it remains) a digital asset for bankers so that their job becomes easier, quicker, safer in a way in which the benefits trickle down to their customers.  That’s why today’s news is so important.

Ripple is not changing the outlook it has in terms of customer base, but it’s understood that expanding their horizons are good for the company, for the XRP coin and for the cryptosphere as a whole. In that spirit, the company has been looking to establish new strategic partnerships that bring XRP to new customers and make it more of a street coin than an elite coin.

XRP is looking to become real money, and they’re succeeding slowly but surely. For instance, there is a European bank that, right now, can give you a debit card based on XRP which you can use to pay for good and services in the exact same way you can use your savings account’s plastic card based on your local fiat currency.

The latest development in this sense is called XRPunited (based at www[dot]xrpunited[dot]com) which is a cryptocurrency exchange based on XRP. Why is this important? Because most (if not all) crypto trades and exchanges in the world are based on Bitcoin. This one is not, this one is based on Ripple’s XRP.

Let’s dig a little deeper. If there is a crypto coin you fancy, other than Bitcoin (and a handful of others) you can’t just buy it at your exchange of choice paying with your debit or credit card. You need to buy some Bitcoins, then transfer them to your exchange and use them to get the cryptocurrency of your preference. This is why most of the crypto trade is pegged with Bitcoin. In this new exchange, you will be able to trade any cryptocurrency you want based on XRP instead of Bitcoin, Ethereum, or any of the other usual suspects.

This is great news for a project that’s been steadily growing in value lately, as the rest of the market has been going down. Also, this is going to boost the very same coin that was last year’s most profitable one.

The new project will create an additional trading volume for XRP as well as new demand. Those will be the two factors that will drive the market up, in the long run.

XRPunited went a few days ago, and it won’t only allow you to trade XRP for any fiat or cryptocurrency you want, but also for any commodity. Gold, coffee, soybeans, you name it. In their own words, it’s all about the new “internet of value”.

This is exciting news for all those who hold Ripple’s XRP tokens, but it’s also good for the cryptosphere as a whole as well managed projects are achieving mainstream adoption and becoming useful in the real world.

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

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 Robci95/Pixabay

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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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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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Is it legal to gamble in Bitcoin casino?

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Bitcoin entered the world in 2009 and immediately begun a revolution on the cryptocurrency market. Presently, there are more than 700 different digital currencies, but Bitcoin still remains the most used one. However, despite the large business activity around Bitcoin, there is still no international legal law to regulate it.

Key facts on Legality in Bitcoin casinos

Laws and obligations concerning online gambling legislation vary from country to country. There are many jurisdictions that can issue gambling licenses to online casinos. But, these licenses are issued only after the online casino business meets the requirements of the chosen jurisdiction.

The necessity of Gambling License for Bitcoin casinos

In order to make it clean and clear, a reliable online casino will obtain an online gambling license. Among other things, it allows running a legal activity and assures the casino operator’s trustworthy behavior, fair gaming policy and transparency in business operations and gaming software offered to customers. A representative of this kind of casino, such as FortuneJack for example, will have good reviews and reputation, and stable business that is constantly growing and expanding throughout the years. You can also feel the stability by checking the website, and important details such as casino withdrawal time and the number of games offered for playing, as you can examine on Fortunejack.

There is a difference between Bitcoin and Bitcoin gambling legality. There are countries…

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