• That XRP logo is moving very fast (via Shutterstock).
    Ripple,  XRP

    Ripple and MoneyGram announce deal

    The partnership can cut the cost of remittances from as much as $30 to fractions of a cent

    Ripple has announced a partnership that will bring blockchain technology to MoneyGram, a leading global money transfer firm that operates in more than 200 countries. As part of the deal, Ripple has committed $50 million to MoneyGram, which it can draw on in exchange for equity over the life of the two-year deal.

  • If SWIFT had a storefront in Ukraine, this would be their shingle (via Shutterstock).
    Ripple,  Technology

    R3/SWIFT deal threatens to bring back an old conflict

    Partnership still won’t bring DLT’s decentralization to the decades-old industry

    Enterprise blockchain provider R3 will partner with SWIFT, the service banks have long used to process secure interbank payments, to bring distributed ledger technology to the most powerful middleman in the financial world..

  • TOP GUN: Ripple CEO Brad Garlinghouse at an 80s themed holiday party. (Modern Consensus)
    Cryptocurrencies,  Innovators,  Ripple,  XRP

    Ripple’s xRapid ‘Goes Live’ at SWELL

    Four partners confirmed as superfans delight over prospects for XRP

    The idea of transferring value from one place to another was forever changed by the pseudonymous Satoshi Nakamoto’s white paper, which led to the introduction of distributed ledger technology (DLT), or blockchain, and the first ever Bitcoin. Originally intended to be used outside the purview of banks—notably in the case of Bitcoin—Ripple has instead embraced the idea that banks and other financial institutions provide one of the largest potential use-cases for DLT. Ripple’s vision has been to “rewire the global financial infrastructure to dramatically improve the costs, speed, and certainty of how transactions flow,” according to CEO Brad Garlinghouse in a video published by Ripple in March of 2018. Garlinghouse…