Ripple’s partners have been satisfied with the unique remittance solution offerings via xRapid [with XRP at its core] and xCurrent provided by the platform facilitating mainstream adoption. Different industries have dipped their toes into the crypto space for its payment facilities for a large volume of transactions.
Ripple has announced that RippleNet, in a matter of three years, has signed over 200 clients including many leading commercial banks in India, Korea, Japan, and around 9 Middle Eastern banks. Besides, Ripple has also managed to expand its foothold to major remittance corridors with the latest being the US to Mexico and the Philippines.
Eva Kaili, European Parliament, Chair Future of Science & Technology citing the edge that blockchain has in terms of cross-border money flow as opposed to the traditional financial institutions, stated:“By its nature, doesn’t recognize borders. It’s unstoppable. We [want] to use it to connect Europe, remove barriers and give people the understanding that it can be used for good.”
The recent London Ripple Regional Conference witnessed the participation of many prominent figures from the industry.
Alastair Constance, the CEO of Mercury FX has remarked that xRapid is the future. An xRapid user platform, Mercury FX has successfully executed a transaction involving a huge amount of capital of around $4,552k from the UK to Mexico early in January this year. This is a significant example of the mainstream deployment of crypto.
Speaking with Ripple SVP Customer Success, Constance stated:“Ripple provides the opportunity for us to say we have opened up this market and we can come here and trade freely at the optimized speeds and costs.”
Navin Gupta, managing director for Ripple, South Asia, and MENA predicted 2019 to be conducive for crypto regulations for Asian countries steering towards leveraging digital assets. For scalability purposes, Ripple in its 2.0 version will focus on expanding its multi-hub model and stretching its services to the financial establishments in small frontier markets.
Talking about the unique offering by Ripple, Gupta said,“It saves international banks from having a direct banking relationships with a multitude of countries in frontier markets.”
Graham Bright, Head of Compliance and Operations stated that Euro Exim bank, which has recently implemented xRapid, chose Ripple as it competently executed transparent and pre-validated payment processing in real time.
A twitter user @Charles02411212 commented:“Euro exim bank- a literal who – with no onshore banking license anywhere in the world- and people get excited about this?”
Tomas Snitka, Head of Operations of the digital remittance solution provider, TransferGo which announced its collaboration with Ripple on September last year, has reportedly applauded Ripple.
Ripple on its official Twitter handle posted:
Ripple Community Tweets Bullish XRP Forecasts, Voicing Price Surging Scenarios
The community of XRP investors is voicing bullish price forecasts while some wish the coin would stay under $0.3 longer –
The Ripple community is one of the most loyal ones in the crypto world, which constantly posts news about Ripple and XRP in the social media and watches the price of XRP hoping it would recover the ATH of January 2018.
Below are some bullish forecasts from the community and some other tweets that show how much true XRP lovers value their ‘crypto idol’.
Going bullish on XRP
Ever since the XRP price spiked to get near $3 in January 2018, the Ripple community has longed for it to surge even higher.
Some analysts believe XRP is going to catch a bullish trend very soon due to FOMO (the fear of missing out).
Recently, the XRP liquidity on the Mexican exchange Bitso, which works directly with Ripple and its partner MoneyGram, soared to reach another all-time-high. The community has taken this as a bullish sign too.
‘Impatient overnight wanna-be millionaires’
It seems that the XRP community has not only those wishing to get a Lambo when crypto spikes but merely people who truly care for the industry. One of those enthusiasts has tweeted that he prefers to see XRP below $0.3 for another year just to get rid of all those ‘impatient overnight wanna-be millionaires’ .
Women are being active regarding XRP too. A member of the XRP community suggests they should change their lives on a large scale, adopt a different attitude to men and get more XRP.
Oxford Joins Ripple’s UBRI As Kyoto University Fires Up XRP Validator
An entrepreneurship center at the University of Oxford says it’s joining Ripple’s University Blockchain Research Initiative (UBRI).
On its LinkedIn page, the Oxford Foundry announced its plans to join the initiative.
“The Oxford Foundry has announced its plans to tackle the growing technology skills gap in the UK with a new partnership with leading blockchain technology provider Ripple and its University Blockchain Research Initiative (UBRI).
Through the Foundry’s new Tech Series, up to 1,000 University of Oxford students from across all Oxford colleges and divisions will be given the opportunity to gain new skills in blockchain, AI and machine learning across different industries. Students will also be given the opportunity to learn how to code in Python and build smart contracts.”
The Foundry was created by the University of Oxford’s Saïd Business School to give students a way to “co-create, collaborate and build solutions to global challenges.”
It includes a startup accelerator that offers pre-selected startups a place to build their projects and collaborate.
Ripple formed the UBRI in June of 2018 to collaborate with top universities around the globe to accelerate academic research, technical development and innovation in blockchain, cryptocurrency and digital payments.
Kyoto University, which joined the initiative this summer, launched an XRP validator last week that will help the network verify and process transactions on the ledger.
Oxford Foundry Joins Ripple’s UBRI for New Tech Series Aimed at Blockchain Learning
The Oxford Foundry, which serves as an entrepreneurship center at the University of Oxford has announced the news about its strategic partnership with globally reputed blockchain technology services provider Ripple and its University Blockchain Research Initiative (UBRI). The team-up has been focused on rendering fruitful solutions for tackling the widening technology skills gap in the UK region.
With the new Tech Series, the Foundry aims to give a golden chance to nearly 1,000 students of the Oxford University hailing from across all the colleges and divisions of the world-class institute to immerse themselves in the attainment of new skills of the blockchain niche, AI technology, and machine learning across various industries.
The students will gain knowledge through Foundry’s experimental learning model during the new Tech Series program. The series will include informative workshops and boot camps which will be governed by mentors, academicians, and student experts from Oxford’s enriching network and widespread intellectual capital. These camps will impart knowledge through peer-to-peer learning and the Zone of Proximal Development. This is the theory that encourages students to learn from those who are just one or two steps ahead of them. This allows students to delve into new disciplines and team-up with new people coming from different domains to find creative solutions.
Foundry’s Tech Series will also have a Tech Talent Networking Series to give the students a chance to get in touch with leading firms belonging to the blockchain and AI industry.
The series is aimed to fulfill the ultimate commitment of the Foundry that allows it to make available equal opportunities, networks, and resources to talented people with a view to help them build strong ventures.
The Foundry was created by the University of Oxford’s Saïd Business School and was aimed to benefit the whole ecosystem of the University of Oxford. The founding donors of the Foundry were Reid Hoffman, Co-founder of LinkedIn and philanthropist Mohamed Amersi.
Leading blockchain network Ripple formed UBRI in June 2018 with the prime objective to enter into strategic collaborations with global universities for boosting academic research operations, technical development, and innovation in new-age technologies like blockchain, digital currencies, and digital payment pedagogies. In summer this year, Kyoto University became a member of the initiative. Last week the University unveiled an XRP validator that would aid the system in the verification and processing of transactions on the decentralized ledger system.