Tag: IBM
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IBM May Be Exploring Ripple And XRP
Ripple and XRP had a great year, with the San Francisco company bagging a lot of important partnerships and boosting its products and the whole XRP ecosystem. XRP saw increased adoption in 2019, and both entitites gained a lot of interest. IBM could be exploring Ripple and XRP It’s been just reported that there’s a…
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SWIFT Is Challenging Ripple, Libra And More Rivals – The System Sees A High Demand For Instant Cross-Border Payments
The banking leader SWIFT is facilitating financial transactions for more than 11k institutions all over the world. But according to Ripple and more entities, the system is outdated and flawed these days., despite the fact that it has been used by banks and financial entities for decades now. SWIFT says that they meet the modern…
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Mastercard, IBM And Bank Of America Go On With Their Crypto & Blockchain Initiatives
Mainstream crypto and blockchain adoption has been one of the most important goals that the crypto community set for 2019. So far, things are going great, and more essential entities are stepping into the crypto space and adopt the blockchain tech, supporting its development. These three important entities Bank of America, IBM and Mastercard are…
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Stellar Lumens Price Prediction: XLM To Hit $50 – IBM Is Reportedly Involved
Stellar has been able to hold on to its spot as one of the most exciting and promising crypto projects in the space, that’s for sure. Even if XLM is not positioned in the top three cryptos on CMC, still the Stellar Development Foundation has been able to make an important name for the project…
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Stellar (XLM) Surges After Becoming A Direct Rival To SWIFT
Stellar’s native coin XLM has recently surged by 11% in a few hours following IBM’s move of signing up to 6 banks to use the digital asset for cross-border remittance payments. Following the great news of IBM’s banking partnerships to use XLM and issue stablecoins, the XLM crypto saw a surge a couple of days…
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Stellar Challenges The Traditional Payments System SWIFT
Stellar was recently in the spotlight after XLM got listed on Coinbase Pro. IBM’s Stellar-powered global remittance platform boasts six banks on board. The tech giant has just received that World Wire will be powering payments and foreign exchange service across 72 countries. “World Wire provides a more straight-through model for cross border payments using…
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IBM And Stellar Partnership Aims To Revolutionize Cross-Border Banking
IBM’s head of blockchain solutions Jesse Lund has just confirmed that they are preparing for a massive announcement about the World Wire platform which uses the Stellar decentralized protocol to power cross-border payments. Stablecoins’ utility Lund told Cheddar that banks are interested in using stablecoins to move money across the globe. In comparison with traditional…
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John McAfee Predicts 1 Bitcoin (BTC) Will Be Worth $1 Million By The End Of 2020
Bitcoin-related predictions seem to be intensifying this year, especially since mass adoption of crypto is getting closer. There are a lot of moves in the crypto space that are supporting and triggering the mainstream adoption of digital assets. The latest one is the fact that Facebook CEO Mark Zuckerberg is exploring the blockchain tech for users of…
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Why I Am Distressed About IBM Blockchain – Vitalik Buterin
Vitalik Butterin, the Ethereum (ETH) Project co-founder, has submitted that most of the use to which blockchain technology is being put is a waste. According to him, most join the bandwagon to generate marketing hype and it seems that is the case with IBM blockchain. Speaking recently with Quartz’s Matthew De Silva, while the two…
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Ripple Vs. Stellar – IBM Chooses Stellar’s Network For Its World Wire Service
Global banking is quite a natural fit for the blockchain unlike a lot of industries which are still trying to figure out in which ways they could use crypto and the blockchain tech best to enhance their services and offerings. Bitcoin, unfortunately, involves slow transaction speed and there’s definitely a need for a more efficient…