Category Archives: Press Release

Cryptocurrency Market Enters Maturity as New Projects Link Crypto to Real Economy

Over decades, blockchain technology has been undergoing the hassle of legal procedures to prove being a real solution for developing business surroundings. Despite an onslaught of criticism, a blockchain-based digital ecosystem has successfully disrupted traditional banking and financial system bypassing third parties and bringing benefits of seamless international transactions via a transparent online ledger that everyone can keep track of. Continue reading Cryptocurrency Market Enters Maturity as New Projects Link Crypto to Real Economy

First speakers and key topics of Blockchain & Bitcoin Conference Israel

On March 28, 2018, Tel Aviv will host Blockchain & Bitcoin Israel, a large-scale event dedicated to cryptocurrency, blockchain and ICO. The conferences will be attended by the world’s leading experts in the field of digital technologies. Speakers of the event are blockchain entrepreneurs and crypto experts from different countries, including Ukraine, Malta, Israel, Germany, Hong Kong.

The key speakers include:

Kambiz Djafari, Germany (CEO and Co-founder at Edgecoin.io). One of the first investors in bitcoin, who has studied blockchain technology for many years. He used the acquired knowledge to create the educational platform Edgecoin, the main goal of which is to fundamentally change the traditional academic system. Kambiz Djafari will focus on one of the methods of cryptocurrency protection: Proof-of-Stake. He will tell about its advantages compared to Proof-of-Work method, and answer, why 2018 will become the year of PoS projects. Continue reading First speakers and key topics of Blockchain & Bitcoin Conference Israel

Crypto experts to discuss the future of Blockchain in Israel on March 28 at Blockchain & Bitcoin Conference Israel

On March 28, Tel Aviv will host Blockchain & Bitcoin Conference Israel, a large conference dedicated to blockchain, cryptocurrencies and ICO. Speakers will discuss the future of the crypto industry, and blockchain companies will present their new developments. Continue reading Crypto experts to discuss the future of Blockchain in Israel on March 28 at Blockchain & Bitcoin Conference Israel

CryptoWorld LLC Announces Wall Street and The Internet Of Money Conference

CryptoWorld LLC, a crypto asset consultancy firm, announced today that the firm will be hosting a unique one-day conference to address the challenges and opportunities blockchain technology presents to the investment community.

Over 30 of the world’s leading blockchain, cryptocurrency and investment experts are to speak on a variety of important topics, including regulation, crypto based products, capital raising and valuation at the Intercontinental Hotel in Times Square on March 22nd 2018.

The most important issues surrounding cryptocurrencies and tokens will be explored with dynamic and thought provoking sessions covering topics such as how to raise capital using cryptocurrency, lessons learned from ICO’s, how to evaluate crypto assets, regulation and investor protection, transparency, trading and execution as well as the existential risks facing the market today. Continue reading CryptoWorld LLC Announces Wall Street and The Internet Of Money Conference

Press Release: Ripple Extends its Reach into Emerging Markets With Five New Customers

February 21, 2018 – Ripple, the enterprise blockchain solution for global payments, has seen interest in its network continue to accelerate around the world. After recently surpassing more than 100 members, additional international financial institutions have joined RippleNet. Two banks – Itaú Unibanco (Brazil) & IndusInd (India) – and three fast-growing remittance providers – InstaReM (Singapore), Beetech (Brazil) and Zip Remit (Canada) are joining RippleNet to facilitate payments both into and out of emerging, global markets.

Now, RippleNet can provide instant access into emerging markets such as India, Brazil and China (through a recent announcement with Lianlian). Emerging markets are home to 85 percent of the global population and nearly 90 percent of people under 30 reside within those markets. Given the demographics, these countries are some of the world’s largest remittance markets. In 2017 alone:

  • India, where IndusInd is located, saw a total $65 billion move into the country.
  • China, where both Zip Remit and Beetech have interest in connecting into, saw $61 billion move into the country.
  • Brazil, where both Itaú Unibanco and Beetech are located, saw over $600 million settle into banks and money transfer services from the United States.

When financial institutions adopt blockchain technology for payments, it lowers both costs and transfer times for their customers, which is crucial in developing countries where financial flexibility is limited. By joining RippleNet, financial institutions are able to communicate information about a payment between each other and settle payments immediately.

InstaReM, which processes over 500,000 transactions per year, is focused on connecting businesses and individuals from Australia, Canada, Hong Kong, Singapore, and India to over 60 countries worldwide – many of those are developing countries in Southeast Asia.

“We are pleased to partner with Ripple,” said Prajit Nanu, co-founder and CEO of InstaReM. “Now, RippleNet members will be able to process a large number of payouts in Southeast Asian countries through InstaReM’s secure rails.”

Patrick Griffin, head of business development at Ripple, believes that blockchain solutions can provide a much more significant impact to the customers of financial institutions in emerging markets.

“The payments problem is a global problem, but its negative impact disproportionally affects emerging markets,” said Griffin. “Whether it’s a teacher in the U.S. sending money home to his family in Brazil or a small business owner in India trying to move money to open up a second store in another country, it’s imperative that we connect the world’s financial institutions into a payments system that works for their customers, not against them.”

About Ripple

Ripple provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets. With offices in San Francisco, New York, London, Luxembourg, Mumbai, Singapore and Sydney, Ripple has more than 100 customers around the world.