Tag: ripple

October 19, 2017 BY Mariela Naydenova

The Gates Foundation and Ripple to "Bank" 2 billion people

With corporations and countries coming to invest and use the latest cryptocurrencies and exploit their benefits, The Gates Foundation is one of the first non-profit organizations to use a cryptocurrency for solving an issue. The Foundation chose Ripple's Inter Ledger Protocol to bring around 2 billion unbanked people to the modern world. Almost 60% of the…

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June 13, 2016 BY Mike Fox

Ripple receives first NY BitLicense for institutional use of digital assets

Early last year, the state of New York began requiring a license to engage in virtual currency activity. Ripple engaged with New York’s Department of Financial Services (DFS) and today received a “BitLicense” to sell and custody XRP, the digital asset native to the Ripple Consensus Ledger, for institutional investors and financial institutions in New…

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June 02, 2016 BY Mike Fox

Santander launches international payments app using blockchain

British bank Santander UK plc, wholly owned by the Spanish Santander Group (BME: SAN) announced they are the first UK bank to introduce blockchain technology which facilitates international payments, through a new app. It is currently being rolled out as a staff pilot, with the intention to expand the technology at a later date. Once the…

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