As one of the oldest and most established cryptocurrencies, XRP has long been marked by its steady progress and highly focused mission. Like most other established blockchain platforms, its value has been extremely volatile, yet this issue has not slowed its development. XRP now sits in a strange place. It is ending the year on…
Platform development is in full swing, as many teams are racing to make progress on their roadmaps. Although the basics of blockchain technology are relatively simple, there are many parameters around which it can be implemented. Permissioned platforms are not new, yet purists typically criticize them as lacking the most important characteristics of distributed ledgers.…
In recent months Ripple Labs has made significant progress toward its goal of creating a system for efficient, cross-border fiat currency transfers. Although the company is certainly not without its critics, there is no doubt that if successful, its products could revolutionize much of the financial sector. Now, the team behind SWIFT, Ripple’s primary competitor,…
As the business world rapidly moves into the blockchain space, competition is heating up among platform teams to gain the attention of would-be adopters. In this competition, Stellar is gaining traction, with a number of developments that are demonstrating the platform’s potential. Stellar’s recent moves are evidence that long-term success may come not from mainstream…
An executive at Ripple Labs has indicated that the company’s long-awaited commercial product, xRapid, could soon be released. Ripple’s XRP token value moved up more than twenty percent on the news, although it has since retreated slightly. The availability of xRapid will mark the largest move yet of a blockchain-based product into mainstream use. Sagar…
In April, the Reserve Bank of India (RBI) issued a banking ban on cryptocurrency trading and use. This ban prohibits banks from working with exchanges or other crypto businesses, and went into effect on July 6th. It is designed to shut down crypto use in India by making fiat conversions impossible. Nevertheless, India’s crypto community…