Western Union Announces Ripple Trial for USD and MXN Payment Corridors

TheMerkle Western Union Ripple xRapidOver the past eighteen months, there has been a severe uptick in companies trying to use Ripple’s technology. This will lead to some pretty interesting use cases, assuming the underlying technology will perform as advertised. Western Union has confirmed they will begin testing Ripple in USD and MXN corridors fairly soon. Another Notch in the Belt for Ripple When it comes to companies active in the financial sector, it is more than evident something will need to change sooner or later. Most money transfer service providers have a near-global reach, yet their exuberant fees make this model less appealing that

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Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity

A new report by a blockchain-focused research company asserts that there has been a spike in people using cryptocurrencies to send remittances. This growth is in part due to the high costs incurred when using more traditional methods such as Paypal.  Also read: Seven Cryptocurrency Trends to Look out for in 2019 Easier, Cheaper, Faster The […]

The post Report: Use of Cryptocurrencies for Remittance Is Growing in Popularity appeared first on Bitcoin News.

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Ethereum Price – Ether Outlook Unclear

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Ether is slightly moving down on Friday, Dec 21, trading at $117.18, reports Dmitriy Gurkovskiy, Chief Analyst at RoboForex. Technically, an upward correction is coming. Previously, the price made a new low, although not a key one, then it converged and broke out the previous descending channel resistance. On H4, the ascending trend reached 23.60% […]

The post Ethereum Price – Ether Outlook Unclear appeared first on NullTX.

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Blockchain Tech Still Has Long Way to Go in Financial Industry: Ripple Executive

The financial industry has been one that has embraced blockchain technology, with many leading global banks investing in their own private blockchains as well as industry collaborations. The degree to which such ventures have succeeded has varied among banks, with some like Santander stating that their blockchain initiatives have been very successful. Others have been […]

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Western Union Isn’t Impressed with XRP Despite Completing Just 10 Transactions

Ripple is making a lot of inroads in the financial sector. Service providers and banks all over the world are showing a keen interest in its technology and native XRP asset. However, there are some concerns with XRP which few people had taken into account at first. Western Union CEO Hikmet Ersek isn’t too impressed in […]

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