Ripple Labs has partnered with the gates Foundation. Waiting for growth?

Date:

2018-10-20 01:15:08

Views:

3395

Rating:

1Like 0Dislike

Share:

Ripple Labs has partnered with the gates Foundation. Waiting for growth? Source:

The bill and Melinda gates Foundation has partnered with Ripple Labs Inc. and firm Coil Interledger for the implementation of the Protocol. About this in his Twitter said the Deputy Director of the Fund Miller Abel. While this information is still not confirmed by official sources gates. This is a strategic transaction may be another catalyst of growth for the token .

the

Ripple prepare for takeoff

Recall, Interledger Protocol is a Protocol that connects different payment systems. It allows you to increase the speed of cross-border payments. In addition, the bill and Melinda gates Foundation is also improving its own payment system Mojaloop.

Very Mojaloop was launched in October last year. It is opensorce and applies technology Interledger. The main goal Mojaloop — promotion of mobile payments in developing countries and the provision of services to people who for any reason are outside the field activities of traditional banks.

The world «potential customers» much more than it might seem at first glance. According to a world Bank study, in 2017 about 1.7 billion people (over 30 percent of the world population) could not obtain access to traditional financial services sector. Most of them belong to the middle class of emerging markets. Due to the blockchain new customers will be able to obtain all necessary services through their smartphones and method of biometric identification.

In Addition to the lack of normal banking services, residents of developing countries often suffer from economic crises. The only salvation for their savings cryptocurrency.

Coil Company founded by the former technical Director of Ripple's Stefan Thomas, also uses technology Interledger. Coil also provides a platform for subscriptions, where users can financially support the creators of unique content on the Internet.

Information was prepared . To consult with other investors in Ripple in our .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Market analysis: Bitcoin is falling again. Will growth next week?

Market analysis: Bitcoin is falling again. Will growth next week?

Bitcoin again problems. After rising to the top of the triangle on a 1 day chart, bitcoin has been able to maintain its position and again rolled down. In the 4 hours chart the picture is not entirely optimistic — it seems the bea...

Preparing for the dump: cryptomnesia created a

Preparing for the dump: cryptomnesia created a "nuclear briefcase" in the event of discharge altcoins

In the fifties the citizens of the two superpowers (USA and USSR), almost always lived in fear of nuclear attack. The cold war caused the construction of hundreds of heavily fortified shelters against nuclear bombs. Cryptomnesia f...

How many years will it take for the popularization of cryptocurrencies? The Opinion Of German Gref

How many years will it take for the popularization of cryptocurrencies? The Opinion Of German Gref

In Sochi ended with the largest FINTECH-forum Finopolis, which including was attended by the head of Sberbank German Gref. In his opinion, no state not ready to give up their centralized role in money supply. However, the technolo...

In the footsteps Tether: is it possible to audit stablon? The opinion of the Winklevoss brothers

In the footsteps Tether: is it possible to audit stablon? The opinion of the Winklevoss brothers

Recently, the community of day traders Whalepool on Twitter that not a single dollar stabilin not conducted a full audit. The charge was probably sent to the address TrueUSD, Paxos and Circle. And accuse them that as they are ...

Friday trading: what altcon need the time to buy before the end of the week?

Friday trading: what altcon need the time to buy before the end of the week?

Customers are showing more interest in the stock market. This can be verified by looking at the charts of the most popular coins of the top 10 on Coinmarketcap. In recent days, the Stellar price increased by as much as 7.5 per cen...

Time hardforce: three important changes in update Monero

Time hardforce: three important changes in update Monero

soon Monero will be a series of very important changes. Cryptocurrency will pass through a series hardforum and other upgrades of the network. And although the latest news from the developers of the project came out recently, comm...

Waiting for growth? The volume of futures trading on the Bitcoin grew by 41 percent in three months

Waiting for growth? The volume of futures trading on the Bitcoin grew by 41 percent in three months

In the third quarter of 2018, the average daily trading volume in futures of Bitcoin has increased by 41 percent. Likely, the contracts for first cryptocurrency will become a new factor for the growth of the coin, according to a s...

Binance burned 1.6 million of their tokens, but the price went down. What's wrong?

Binance burned 1.6 million of their tokens, but the price went down. What's wrong?

In an official press release dated 17 October Binance announced that for the fifth time successfully destroyed its own coins. Despite the reduction in the total supply BNB, price of tokens came down. According to Wallpaper, they w...

Odyssey (OCN) increased by 30 percent. Rumor about listing coins on OKex

Odyssey (OCN) increased by 30 percent. Rumor about listing coins on OKex

Odyssey — a kind of Uber/Airbnb on the blockchain. The project developers are working in Singapore and work closely with Tron. No wonder, because the Creator of the TRX is the main Advisor of a startup. The main goal of programmer...

In Yekaterinburg, a criminal gang staged a mass brawl because of cryptomancer

In Yekaterinburg, a criminal gang staged a mass brawl because of cryptomancer

Cryptocurrency is dangerous. Coin holders are often victims of swindlers and criminals, and they sometimes even have to protect his life. For example, when the digital money trying to sell in person. In Yekaterinburg because of cr...

When will the lateral movement of Ethereum, and what will happen next? Response graphs

When will the lateral movement of Ethereum, and what will happen next? Response graphs

the Price of Ethereum continues to consolidate against the dollar and Bitcoin. ETHUSD trading pair will soon test the area of $ 210. At the moment the air is trading around $ 206. For proshedshie day coin lost nearly 1 percent of ...

The wonders of the stock market: why the Bitcoin on Bitfinex is more expensive by as much as $ 300?

The wonders of the stock market: why the Bitcoin on Bitfinex is more expensive by as much as $ 300?

After the Tether has encountered problems with security tokens, the price of Bitcoin in relation to the USDT has grown substantially in a short period of time. The growth of the main cryptocurrencies have followed the stop input o...

Putin's special envoy suggested to wait with the adoption of the law on cryptocurrencies

Putin's special envoy suggested to wait with the adoption of the law on cryptocurrencies

the Government should await the decision of the Group of development of financial measures of struggle against money-laundering (FATF) before making a law on the regulation of cryptocurrency in the country. This was stated by spec...

Elvira Nabiullina: the excitement around cryptocurrencies is eroding. What's wrong?

Elvira Nabiullina: the excitement around cryptocurrencies is eroding. What's wrong?

According to the head of the Central Bank of the Russian Federation, the hype around digital assets is gradually eroding. About this Elvira Nabiullina said at the forum Finopolis on innovative technologies in Finance. the Event is...

Charlie Lee: a vulnerability in the Bitcoin network could lead to the most terrible things for coins

Charlie Lee: a vulnerability in the Bitcoin network could lead to the most terrible things for coins

Recently detected by the Core developers of error in the network of Bitcoin — perhaps the most serious vulnerability in blockchain first cryptocurrency. It could lead to inflation of coins. This is the worst thing that can happen ...

Exclusive interview: why Nouriel Roubini is so

Exclusive interview: why Nouriel Roubini is so "hates" cryptocurrency?

Nouriel Roubini, an economist at new York, which is famous for its accurate prediction of the financial crisis of 2008. A Harvard graduate and now a Professor at the school of business Leonard N. Stern always skeptical of industry...

The split in Cardano: the founder of the coin and community members demanded the resignation of the head of Cardano Foundation

The split in Cardano: the founder of the coin and community members demanded the resignation of the head of Cardano Foundation

Among the developers Cordano was split — the community coins its founder, Charles Hoskinson made against the head Cardano Foundation Michael Parsons. They accused him of using the draft to their advantage. For example, the head of...

How much to send 30 thousand bitcoins? An unexpected answer

How much to send 30 thousand bitcoins? An unexpected answer

Cryptocurrencies are often subjected to harsh criticism by traditional bankers, investors and officials. Causes are usually a large number of scams in the industry, high volatility and limited in scope. However, digital assets, th...