What is Ripple / XRP?

  What is Ripple / XRP? Ripple is a technology company and the inventor of XRP, an independent digital asset.  XRP is not similar to most cryptocurrencies, for example, Bitcoin which uses a proof-of-work algorithm and new coins are generated through a mining process, becoming more difficult over time.  XRP transactions are powered through a “centralized” blockchain.     According to the Ripple website: “Ripple provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in…

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3 Areas the Banking Industry can Use Blockchain

Bitcoin is where it all started, the craze of cryptocurrencies. Since 2017, it has been in full swing as Bitcoin rose to immense heights. The technology underlying Bitcoin and other cryptocurrencies is the blockchain, which might have popularized because of the Bitcoin craze, however, now holds great value in itself that can transform various industries, especially banking and finance.     The traditional global banking system has a lot of benefits from the implementation of the blockchain technology. The key features of blockchain that is decentralization, cost-effectiveness, efficiency, transparency, and security can…

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How to invest in digital IRA’s with Bitcoin, Litecoin, Ethereum, and Ripple

Bitcoin is a digital asset that functions similarly to physical currency. Instead of using banks to back the funds, however, Bitcoin uses cryptography to manage its worth. Bitcoin’s popularity has also made it a popular IRA investment.     Deciding to invest in Bitcoin for your IRA can be a risky but lucrative move. We’ll help you find the right IRA company for your cryptocurrency investment.   Step 1: Open a Bitcoin IRA account   All digital IRAs, including IRAs for Bitcoin and other cryptocurrencies, are self-directed IRAS. This means…

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New Bitcoin Bombshell Prediction – Cryptocurrency to hit $ 50k this year

  Amongst all the bearishness and predictions of a Bitcoin Crash one analyst speaking at the World Economic Forum in Davos,  Jeet Singh, a cryptocurrency portfolio manager for the last six years, says it is common for virtual currencies to fluctuate by 70 or 80 percent.     He explained that one should compare cryptocurrencies, such as Bitcoin, EOT, and Ripple, to early tech giants like Microsoft.   He said: “If you look at Microsoft or Apple when they went public their stocks were very volatile because the market wasn’t…

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Cryptocurrency Exchange Hires Award-winning Design Consultancy for Leading-Edge App

LONDON, December 5, 2017 /PRNewswire/ The UK’s only dedicated multi-cryptocurrency exchange, London Block Exchange (LBX) has hired EY-Seren, part of consultancy firm EY, to create a first-of-its-kind app to allow UK consumers to trade freely and easily in cryptocurrency. The award-winning consultancy will design the app alongside a full cryptocurrency trading platform.   Due to launch in December, the LBX app offers full trading functionality and will include Sterling to crypto exchange across four major digital currencies (Bitcoin, Litecoin, Ripple and Ethereum) – with more added in the new year.   The…

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