The current market atmosphere has also resulted in a lot of cryptocurrency proponents speaking for the industry and where it could go from the current price slump.In an interview with Bloomberg, Spencer Bogart, a partner at Blockchain Capital and a popular Bitcoin advocate spoke about the future of the crypto space and the effects on institutional investors.
TAGS : "xrp"
The project Xpring includes Signing Platform, Decentralized Exchange User Interface [UI] and Cold Storage Operating System [OS].According to Wietse, this can only be possible if they are able to attract more developers into the XRP community, especially those who can develop applications for the XRP ledger.
The company has now established a partnership with the R3 consortium which includes the testing of the Corda Settler platform for high-speed payments.The Corda Settler platform is an open-source decentralized application on the R3 network and it was designed to enable large corporations and companies to move virtual currencies and assist in trade settlements and payments.
In a recent podcast called ‘Life in the fast chain’, Todd McDonald, the co-founder of R3, and Dave Hudson, head of solution engineering, R3, spoke about the partnership between Swift and R3, Corda Settler, and how blockchain technology is changing the payments industry.Speaking about the scalability, Hudson added that Corda was “designed to scale and allow messaging to happen in an organic way”.
Andreas Antonopoulos, the author of Mastering Bitcoin and a well-known Bitcoin proponent, spoke about Blockstream’s Liquid sidechain, the first Bitcoin production sidechain, during a Q&A session on YouTube.Here, the author also spoke about whether there was any competition between Bitcoin’s Liquid sidechain and XRP/ Ripple, with respect to use case.
According to reports by FX Street and other publications, SBI CEO Yoshitaka Kitao said that XRP’s market cap will easily overtake that of Bitcoin’s by the end of 2019 due to XRP being adopted on a global scale for payments and settlement transactions.Yoshitaka Kitao said,“Because XRP is already beginning to become international, xRapid will be used for fund transfers in 2019.
A new war is set to take over the cryptocurrency realm, one that will feature two of the largest coins in the industry, Bitcoin [BTC] and XRP.Several proponents have backed the coin and have come out against other decentralized cryptocurrencies in the market, the latest being the CEO of Japan’s SBI Holdings, Yoshitaka Kitao.
According to a recent report, Remitly, an international payments company, is interested in Ripple’s XRP and is planning to integrate the cryptocurrency’s blockchain technology into their financial transaction services.In a recent media conference, Matthew Oppenheimer, CEO, and co-founder of Remitly, said that they are looking into the blockchain technology for improving global transactions via a peer-to-peer system, and indicated that a partnership with Ripple to enable smoother transactions could be a reality soon.
The company hopes that its clients soon use JPM coins for cross-border payments, which would pose serious competition for the more prominent blockchain company, Ripple.This new coin is a direct challenge to Ripple and its digital currency, as per Tom Shaughnessy, principal at Delphi Digital which is a crypto research boutique in New York.
The XRP ledger is a decentralized cryptographic ledger that stores XRP and is powered by a network of peer-to-peer (P2P) servers.With the release of the Ripple’s blockchain upgrade, servers will be able to automatically detect transaction censorship attempts and issue warnings of increasing severity for transactions, the announcement says.