U.Today Franchise
F2Pool
0
📰 News
1233 views

Ripple’s xRapid Honored by Fast Company’s 2019 World Changing Ideas Awards

Put your
crypto to
work
  • 0.00

    Interest per week

  • 0.00

    Interest per year

  • 0.0

    Interest rate

Join Now!
Sponsored by Celsius.Network
  • Alex Dovbnya
    📰 News

    Ripple, which is set to revolutionize cross-border payments, appears among the most innovative startups

Ripple’s xRapid Honored by Fast Company’s 2019 World Changing Ideas Awards
Cover image via u.today
Contents

Ripple, the San Francisco-based cryptocurrency startup, has been honored by Fast Company's World Changing Ideas Awards for ‘helping to improve reliability and lower the cost of remittances in the developing world’, the company’s recent tweet states. Prior to that, Ripple was named one of the best employers in the San Francisco Bay Area.   

👉MUST READ

Ripple’s XRP Surges 10 Percent After Coinbase Listing. Bitcoin (BTC), Litecoin (LTC) and Other Cryptocurrencies in Sea of Green

Ripple’s XRP Surges 10 Percent After Coinbase Listing. Bitcoin (BTC), Litecoin (LTC) and Other Cryptocurrencies in Sea of Green

A global focus

Ripple’s most recent product, xRapid, was honored along with 16 other nominees in the ‘Developing World Technology’ category, which specifically places emphasis on those started that are targeting the developing markets with their disruptive technologies.

Notably, BanQu, the startup that won in the aforementioned category, also relies on Blockchain in order to provide financial solutions for the unbanked around the globe by creating a portable economic identity.

Aira is the winner in the ‘General Excellence’ category. The startup helps blind people connect to another a trained assistant who is able to see what the visually impaired person is supposed to see in front of him/her.

👉MUST READ

Ripple vs. JPMorgan – 1:0: Citigroup Shelves Its Stablecoin Plans

Ripple vs. JPMorgan – 1:0: Citigroup Shelves Its Stablecoin Plans

From xCurrent to xRapid  

Ripple Labs announced their much-anticipated product for cross-border payments back in October, which made XRP surge to second place on CoinMarketCap (CMC). Unlike xCurrent, its previous-generation product that was adopted by more than 120 banks, xRapid allows banks and payment processors to convert fiat currencies directly into the XRP token in order to perform fast cross-border transactions.

Join our Telegram channel to get news even faster!

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

Recommended articles
CLOUD MININGPromoted