CIMB Group (CIMB or the Group), ASEAN’s fifth largest bank, and Ripple have entered into a strategic collaboration to enable instant cross-border payments across CIMB’s markets. On the back of this partnership, CIMB will join RippleNet and connect with other Ripple customers — more than a hundred financial institutions worldwide — a move that will […]
Kotak Mahindra Bank to accelerate cross-border remittances with RippleNet
In line with its commitment to enhance customer experience, Kotak Mahindra Bank (Kotak) joined Ripple’s leading enterprise blockchain network (RippleNet) to provide impetus to its inward cross-border remittances. Kotak will use Ripple’s settlement solution, xCurrent, to provide its customers with real-time cross-border transactions in a safe and secure manner. xCurrent will enable Kotak to reduce […]
Ripple’s enterprise blockchain network adds a new bank
BankDhofar, an Oman-based financial investment management company, has joined RippleNet, a move the bank says enables it to provide global cross-border payments using Ripple’s blockchain technology. Read the full story at https://www.coindesk.com/ripples-enterprise-blockchain-network-adds-new-bank/ SOURCE:Coindesk
Top 9 frequently asked questions about Ripple and XRP
Editor’s Note: I have recently come across a number of opinions about Ripple and XRP and how it is a centralised cryptocurrency as opposed to Bitcoin which is lauded for its decentralised structure. People are concerned that with a centralised cryptocurrency, one company is in control of the whole ecosystem. The following article aims to […]
Ripple’s price has skyrocketed in the last week
The price of Ripple’s XRP token has been going through the roof, with prices rising more than 30% in the last 24 hours, and more than 450% in the last month, to sit at around AUD$1.80. On top of the price hikes, SBI Ripple Asia, a joint venture between Ripple and Japanese financial service company […]