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.
Ripple CTO David Schwartz likes to say that blockchain has a lot in common with the Model T Ford, and it’s an analogy that he repeated during a Quora session on April 1.
Forte Labs, the latest venture from Kabam founder Kevin Chou and former Kabam COO Kent Wakeford, had an overwhelming response at the Game Developers Conference (GDC) in San Francisco this past week. This comes on the heels of announcing its brand new $100 million fund backed by Ripple that will enable traditional games to add key blockchain features.
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..