DLT solutions has unveiled new Corda Settler app on its international blockchain. The app will facilitate global crypto payments across enterprise blockchain networks with XRP as its base currency. R3 is famous for pursuing ambitious and challenging blockchain projects in the past.Thus, the development of Corda Settler app adds one more jewel to R3’s crown. The official press release notes that Corda Settler is “purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based”.Although XRP is the first global digital currency supported by Settler, R3 says that it plans to add more in the foreseeable future. Moreover, this move has helped Corda and XRP-based ecosystems to work together. This is also an interesting move considering R3 and XRP have engaged in a legal dispute in the past.Richard Gendal Brown, CTO at R3 showed excitement and optimism on this new development.“The deployment of the Corda Settler and its support for XRP as the first settlement mechanism is an important step in showing how the powerful ecosystems cultivated by two of the of the world’s most influential crypto and blockchain communities can work together,” he said further adding that “While the Settler will be open to all forms of crypto and traditional assets, this demonstration with XRP is the next logical step in showing how widespread acceptance and use of digital assets to transfer value and make payments can be achieved.”R3’s Corda blockchain network is robust and powerful to handle different applications for multiple use-cases. The Corda Settler is an open-source CorDapp which will continue to function with the same standards. Moreover, the press release notes that Corda Settler supports payments of all sorts through “any parallel rail supporting cryptocurrencies or other crypto assets, and any traditional rail capable of providing cryptographic proof of settlement.”Furthermore, the Settler app automatically updates the Corda Ledger upon verifying that the beneficiary’s account is credited with the expected payment. In the next developmental stage, Settler will support real-time gross settlement payments along with the domestic deferred net settlement.Below is the Explainer video for Corda Settler by R3.Thus it is clear that in the transaction initiated by Corda Settler, the receiving party doesn’t need to use Corda to receive the payment. At the same time, it is not mandatory for the sending party to use XRP or any other cryptocurrency. The functioning of Corda Settler is simple. It is important to broadcast and note the transaction while sending. Similarly, it is essential to confirm the transaction when received.This means that using the Corda Settler; one can send XRP or dollar and the receiver can accept the payment in an entirely different currency. It will thus allow banks and other financial institutions to build their blockchain networks with minimum overheads. They don’t need to integrate the R3 technology fully. All they need is to let their clients receive deposits via Corda-enabled services.“Settlement Oracle” will broadcast the actual settlement notification. It can be operated through different entities like exchanges, banks, and others.To learn more about XRP coin, Ripple company and their innovative solutions, please check out our awesome guide.R3’s New Corda Settler App Facilitates XRP PaymentsCryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries.Blockchain 101 · Crytpo Currency Market --------------------------------------------------- Trezor: Hardware Wallet Binance: Exchange for Traders Ledger Nano S: Hardware Wallet Coinbase: Exchange for Investors CoinSwitch: Wallet-to-Wallet Exchange

Seamless Settlement of Payments on Corda across any payment schemeNew York / London / San Francisco (5 Dec 18) – R3, the world’s leading developer of enterprise blockchain solutions for business, today launched its new Corda Settler, an application purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the world’s payment systems, both traditional and blockchain-based. XRP is the first globally recognized cryptocurrency to be supported by the Settler, bringing the Corda and XRP ecosystems into closer alignment.The Corda Settler is an open source CorDapp that allows payment obligations arising on the Corda Network to be settled via any parallel rail supporting cryptocurrencies or other crypto assets, and any traditional rail capable of providing cryptographic proof of settlement. Uniquely, the Corda Settler will verify that the beneficiary’s account was credited with the expected payment, automatically updating the Corda ledger. In the next phase of development, the Settler will support domestic deferred net settlement and real-time gross settlement payments.“The deployment of the Corda Settler and its support for XRP as the first settlement mechanism is an important step in showing how the powerful ecosystems cultivated by two of the of the world’s most influential crypto and blockchain communities can work together,” said Richard Gendal Brown, Chief Technology Officer at R3.  “While the Settler will be open to all forms of crypto and traditional assets, this demonstration with XRP is the next logical step in showing how widespread acceptance and use of digital assets to transfer value and make payments can be achieved.”When a payment obligation arises on Corda during the course of business, one party now has the option to request settlement using XRP.  The other party can be notified that settlement in XRP has been requested and that they must instruct a payment to the required address before the specified deadline. Once an oracle service validates the payment has been made then both parties can treat the obligation as settled.R3 is an enterprise blockchain software firm working with a broad ecosystem of more than 200 members and partners across multiple industries from both the private and public sectors to develop on Corda, its open-source blockchain platform, and Corda Enterprise, a commercial version of Corda for enterprise usage. R3’s global team of over 180 professionals in 13 countries is supported by over 2,000 technology, financial, and legal experts drawn from its global member base. R3 is backed by investment of over USD 120 million from more than 45 firms. The Corda platform is already being used in industries from financial services to healthcare, shipping, insurance and more. It records, manages and executes institutions’ financial agreements in perfect synchrony with their peers, creating a world of frictionless commerce. https://www.r3.comNick Murray-Leslie Chatsworth Communications +44 (0)207 440 9780 contact@chatsworthcommunications.com11 West 42nd Street, 8th Floor New York, NY 10036 T: 1 646 630 74212 London Wall Place, London, EC2Y 5AU T: 0207 113 1500Av. Angélica, 2529 - Bela Vista 6th Floor São Paulo - SP, 01227-200, Brazil

technology is blooming quite fast. Yet leaving in a prosperous society, we still lack a lot of features in our daily lives and businesses. Our businesses run on legacy networks that can’t store records without making any errors; it takes days to process a transaction and cyber-attacks are a daily occurrence. In a time like this, blockchain technology emerged as a knight with shining armor. The decentralization structure and the heavy security measures created a revolutionary technology that can get rid of all the flaws in our business models. But to make this technology more applicable in the enterprise sector, it needs to have more features. That’s why many enterprise blockchains started to emerge. What is Corda? Corda is a Distributed Ledger Technology to be used by businesses, such as financial institutions, to keep a shared ledger of transactions and remove the need for involved parties to constantly check that each of their books is in line after interacting with each other. This is the primary problem that Corda is trying to solve. Following from this, since it is designed to allow interacting parties to make sure they are all in line, it also removes the need for all parties on the Corda network to know about each and every transaction, as only those involved are interested in them. Both of these points really need to be expanded upon, and to do this, we need to take a proper look into the problems Corda is attempting to solve, so we can fully understand why Corda chose to make these fundamental decisions. Benefits of Corda Some of the important benefits offered by Corda are: Why Did Corda Make Transactions Limited Only to Parties Within the Transaction? First, we need to understand why blockchains like Ethereum and Bitcoin make all of their transactions public. One of the main attractions of blockchains is being trustless, meaning that I don’t need to trust you personally (or anyone else) to still trust that all the transactions on the chain are valid. This is possible due to all transactions being public once they are included in a block and will remain that way permanently. For a bad actor to alter a transaction after it has been included in a block, it is almost impossible as it will require copies of the block on all other nodes in the network to be changed before the next block is added to the chain. The downside that comes with this is that every party using that blockchain must keep a local copy of the chain themselves so that when a new block is added to the chain, all parties receive the update and kept in the same state. Performance and scalability are greatly impacted by making a system trustless. For example, Ethereum currently requires every node to process all transactions and store the state of accounts and contract code. This reduces the possible throughput of all nodes on the network to that of a single node. If this model remains, the same then as the number of users increases the average time that a user waits for their transaction to be mined can only go up. Due to this problem, possible ways to improve the performance of the network are being looked into; the Ethereum Raiden Network and Bitcoin Lightning Network are both aiming to vastly increase both the performance and scalability of their respective systems. Corda is not trustless. That does not mean it moves to the other end of the scale, but some trust is explicit as a party’s identity must be known to join an existing Corda network. Furthermore, the parties on the network must trust the issuers of assets onto the ledger that they themselves are moving around within transactions. This is where the requirement of trust ends. The parties themselves do not need to trust each other. Between the ledger keeping everyone in step, the fact that each of their identities is known by the network certificate authority provides some backup guarantee in case of any nefarious behavior. One Use Case of Corda – Finance The immutability and transparency of a Corda blockchain help empower financial institutions for gaining fast and secure access to up-to-date customer data. This results in increased operational efficiency, reduced labor-intensive data gathering, operational costs, and processing time, and increased trust between institutions. The advantages provided by Corda for financial institutions are: ·      Transaction finality. ·      Ability to scale. ·      Privacy. ·      Legally identified parties. ·      Developer productivity and enterprise integration. My experience while learning CORDA: The step-by-step learning curve was so overwhelming [frustrating sometimes ?] as a beginner, give up way before even develop my interest in the technology. “But Spending More Time Practicing Things I Find Difficult” could work. Shortly, its an investment and If you are motivated enough and interested, you can learn new skills at any age. If you’re interested in learning Corda, do check-out the links below: Official R3 Corda documentation I hope you have now gained a fair idea about the Corda blockchain and its use cases. To know all about the Corda blockchain and become a Corda expert keep in touch with me over LinkedIn. I am a Corda certified developer.

Face\u2026","description":"The Great Transition Has Begun: Eric Hadik On The Geo Political Storm We Face\u2026","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"The Great Transition Has Begun: Eric Hadik On The Geo Political Storm We Face\u2026","genre":"Podcast","year":"2019","date":"January 9, 02.mp3","type":"audio\/mpeg","title":"Trace Mayer\u2019s Proof of Keys, Creating FINANCAL INDEPENDENCE With Bitcoin","caption":"Trace Mayer\u2019s Proof of Keys, Creating FINANCAL INDEPENDENCE With Bitcoin","description":"Trace Mayer\u2019s Proof of Keys, Creating FINANCAL INDEPENDENCE With Bitcoin","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"Trace Mayer\u2019s Proof of Keys, Creating FINANCAL INDEPENDENCE With Bitcoin","genre":"Podcast","year":"2019","date":"January 2, 3","type":"audio\/mpeg","title":"Stock Market\u2019s Worst December EVER! The Awaited Implosion Begins - Jeff Berwick Exclusive","caption":"Stock Market\u2019s Worst December EVER! The Awaited Implosion Begins - Jeff Berwick Exclusive","description":"Stock Market\u2019s Worst December EVER! The Awaited Implosion Begins - Jeff Berwick Exclusive","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"Stock Market\u2019s Worst December EVER! The Awaited Implosion Begins - Jeff Berwick Exclusive","genre":"Podcast","year":"2018","date":"December 28, CTS-2018-12-13.mp3","type":"audio\/mpeg","title":"Andrew Zaitlin Gives an In-Depth Analysis of Bitcoin, The Stock Market and Trump\u2019s Economy","caption":"Andrew Zaitlin Gives an In-Depth Analysis of Bitcoin, The Stock Market and Trump\u2019s Economy","description":"Andrew Zaitlin Gives an In-Depth Analysis of Bitcoin, The Stock Market and Trump\u2019s Economy","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"Andrew Zaitlin Gives an In-Depth Analysis of Bitcoin, The Stock Market and Trump\u2019s Economy","genre":"Podcast","year":"2018","date":"December 19, TS-2018-12-12.mp3","type":"audio\/mpeg","title":"How Is The Crypto Community Keeping Exchanges In Check, \u2018PROOF OF KEYS\u2019? Ben Perrin Interview","caption":"How Is The Crypto Community Keeping Exchanges In Check, \u2018PROOF OF KEYS\u2019? Ben Perrin Interview","description":"How Is The Crypto Community Keeping Exchanges In Check, \u2018PROOF OF KEYS\u2019? Ben Perrin Interview","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"How Is The Crypto Community Keeping Exchanges In Check, \u2018PROOF OF KEYS\u2019? Ben Perrin Interview","genre":"Podcast","year":"2018","date":"December 17, m-CTS-2018-12-11.mp3","type":"audio\/mpeg","title":"France In Flames: The Deeper Problem Exposed By The Yellow Vest Riots - David Collum Interview","caption":"France In Flames: The Deeper Problem Exposed By The Yellow Vest Riots - David Collum Interview","description":"France In Flames: The Deeper Problem Exposed By The Yellow Vest Riots - David Collum Interview","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"France In Flames: The Deeper Problem Exposed By The Yellow Vest Riots - David Collum Interview","genre":"Podcast","year":"2018","date":"December 15, In Ten Years: Institutional Money and Future Benefits Of Blockchain - Caitlin Long Interview","caption":"Cryptocurrencies In Ten Years: Institutional Money and Future Benefits Of Blockchain - Caitlin Long Interview","description":"Cryptocurrencies In Ten Years: Institutional Money and Future Benefits Of Blockchain - Caitlin Long Interview","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"Cryptocurrencies In Ten Years: Institutional Money and Future Benefits Of Blockchain - Caitlin Long Interview","genre":"Podcast","year":"2018","date":"December 13, :"Government CAN\u2019T Shutdown Bitcoin But The CAN Regulate It! Kevin Werbach Interview","caption":"Government CAN\u2019T Shutdown Bitcoin But The CAN Regulate It! Kevin Werbach Interview","description":"Government CAN\u2019T Shutdown Bitcoin But The CAN Regulate It! Kevin Werbach Interview","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"Government CAN\u2019T Shutdown Bitcoin But The CAN Regulate It! Kevin Werbach Interview","genre":"Podcast","year":"2018","date":"December 11, 2-04.mp3","type":"audio\/mpeg","title":"Institutional Money Entering Crypto: \u201cIts All Going To Start In 2019\u201d - Adam Todd","caption":"Institutional Money Entering Crypto: \u201cIts All Going To Start In 2019\u201d - Adam Todd","description":"Institutional Money Entering Crypto: \u201cIts All Going To Start In 2019\u201d - Adam Todd","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"Institutional Money Entering Crypto: \u201cIts All Going To Start In 2019\u201d - Adam Todd","genre":"Podcast","year":"2018","date":"December 8, 8-12-04.mp3","type":"audio\/mpeg","title":"BREAKDOWN IN THE SYSTEM \u2013 Why Is The World On Fire? Harley Schlanger Interview","caption":"BREAKDOWN IN THE SYSTEM \u2013 Why Is The World On Fire? Harley Schlanger Interview","description":"BREAKDOWN IN THE SYSTEM \u2013 Why Is The World On Fire? Harley Schlanger Interview","meta":{"artist":"Talent Name","album":"Podcast Title here","title":"BREAKDOWN IN THE SYSTEM \u2013 Why Is The World On Fire? Harley Schlanger Interview","genre":"Podcast","year":"2018","date":"December 6, com\/podcast\/20646"}}]}

levels of instability and a high-risk of vulnerability which discourages risk-averse businesses from onboarding distributed ledger technology to their operation. When it comes to businesses, public blockchain is not of much use as business requires much more than DApps and simple monetary transactions. Here privacy is the main point as businesses and enterprises require privacy for their deals. Public blockchains are not privacy-centered by design as they require transparency. Furthermore, anonymity is not required for enterprise use cases. They want to know all parties involved in the network or transactions. So you see, public blockchains can not be used for business. So we need a different platform to fulfill the needs of businesses and enterprises. This is where the Corda blockchain platform comes forward. Corda is an open-source blockchain project, designed for business from the start. It was developed by R3, an enterprise blockchain software firm, in collaboration with over 200 technology and industry partners. The Corda platform was launched in September of 2017 at CordaCon, R3’s flagship conference. Since then, it has continuously been updated. Corda 4.6 has been released recently. Since its inception, R3 has escalated from a startup to a consortium that unites more than 200 top international financial institutions and banks. Corda is considered the second-largest enterprise-focused blockchain after the Hyperledger Fabric project. Corda is not considered a full blockchain but a DLT that combines the features of blockchain with DLTs. DLT can be referred to as a decentralized database whereas, in blockchain, data is stored in blocks that are linked together by a cryptographic mechanism called “Hash”. Furthermore, Corda does not have its own cryptocurrency, and can only share data with the required participants, and offers interoperable applications for finance and commerce (called CorDapps) This means that Corda is a global ledger used by businesses to keep a shared ledger of transactions. Privacy and assured identity are the end-state principles of Corda. Corda is a private permissioned blockchain platform that enables businesses to transact directly and in strict privacy with one another using smart contracts. In this platform, unlike public blockchains, transactions are private to only the parties included within the transaction. According to the company, this is because Corda is not trustless. A party’s identity must be known to join an existing Corda network. Public blockchains make their transactions public because they are trustless and have to ensure that the transactions on the chain are valid. In Corda, initial trust is injected by the network certification authority. According to Corda’s team: “Furthermore, the parties on the network must trust the issuers of assets onto the ledger that they themselves are moving around within transactions. This is where the requirement of trust ends. The parties themselves do not need to trust each other, between the ledger keeping everyone in step, the fact that each of their identities are known by the networks certificate authority provides some backup guarantee in case of any nefarious behavior.” So, by removing the need for consensus across all parties in the network and instead only between the participants of a transaction the time to complete one is reduced. The Corda platform is hard to understand. According to R3’s website, it “offers two interoperable and fully compatible distributions of the Corda Platform – Corda, a free open source download based on the code available on GitHub, and Corda Enterprise, a commercial version which combines the core attributes of Corda with the robustness and professional support expected from enterprise software.” But another product called “Corda Enterprise Network Manager” also exists on the Corda platform. According to R3, one of Corda’s defining features is the Corda Network that provides consensus across business networks. It is an underlying network that provides a common layer of identity and consensus across business networks. Corda Network is a publicly-available internet of Corda nodes operated by network participants and governed by a non-profit Corda Network Foundation based in Holland. It allows all participants to exchange data or assets via a secure, efficient internet layer. One of the key services of Corda Network is the Identity Manager that controls admissions of participants into the Corda Network. The Identity Manager receives certificate signing requests (CSRs) from prospective network participants and awards participation certificate if The participant meets the requirements specified by the foundation. Launched in 2018, a commercial distribution of Corda open-source designed specifically to meet the demands of modern-day firms. It is a solution for consortia, independent software vendors, corporates, and market infrastructure providers to establish and run their private blockchain networks on Corda. It provides private blockchain network operators full control over their network. The solution allows the network operators to have strict control over network membership and enables members to locate and transact with each other. Corda is a global distributed ledger platform specially designed for the financial sector. It enables businesses to transact directly and in strict privacy using smart contracts, reducing transaction and record-keeping costs, and streamlining business operations. CorDapps, decentralized applications built on Corda, are built to transform businesses in finance, insurance, healthcare, energy, and more.

using Ripple’s XRP cryptocurrency. It’s a sign tensions have thawed between R3 and Ripple, which had previously fought a year-long lawsuit. Also see: Thai Lending Platform JFin Coin Partners with R3 and MicrosoftSubscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & expertsR3 announced on December 5th that the new application, called Corda Settler, is now live. It will allow a party using it to request settlement for a payment in XRP from another Corda user. The other party will be alerted to the request and receive a deadline and wallet address. An oracle service will verify that transactions have taken place.New York-based R3 claims that Corda Settler is able to handle settlement from any payment system, either traditional or crypto, as long as cryptographic proof can be provided. No timeline for when other cryptocurrencies or payment methods will be available was given.Richard Gendal Brown, Chief Technology Officer at R3, said in a statement that:“While the Settler will be open to all forms of crypto and traditional assets, this demonstration with XRP is the next logical step in showing how widespread acceptance and use of digital assets to transfer value and make payments can be achieved.”Corda is a software platform based on distributed ledger technology (DLT) designed for enterprise applications in finance, supply chain, trade finance, healthcare, and government. R3 is working with 200 companies to implement and develop its technology.According to R3, Corda is similar to public blockchains like Ethereum but with better privacy features and improved scalability. Corda also has the ability to accommodate extra layers and decentralized applications. It is offered in both a full-featured enterprise version and an open-source one for firms with simpler systems.The integration of XRP into Corda is the first news that R3 and Ripple are working together since the companies settled the lawsuits they once had pending against each other.The firms had sued one another in September of 2017 over a disputed options contract for XRP. It appears that the firms have buried the hatchet and are looking to work together again.New York-based R3 was founded in 2014 by David Rutter, Todd McDonald, and Jesse Edwards. It raised $107 million in May of 2017 from blue-chip financial and technology companies such as HSBC Holdings Plc, Intel Corp., and Bank of America Corp.The lead platform engineer for Corda is Mike Hearn, a former Google employee and an early Bitcoin developer. In April of this year, he held a Reddit AMA where he ruled out returning to work on cryptocurrencies.The firm has in the past been at pains to distinguish its DLT technology from blockchains and cryptocurrencies. But Corda Settler is not the first project by R3 that integrates crypto.In October, the firm signed a memorandum of understanding with Microsoft and Thailand-based J Ventures, which held an ICO in 2018 for its JFin Coin. That project will see R3 and Microsoft build a decentralized digital lending platform.Have your say. What do you think about the R3 Corda XRP meld? What does the R3 and Ripple link-up deal mean for blockchain payments? Coinfloor Spinoff CoinFLEX Looks to Physically-Delivered Crypto ContractsBCH Developers Hold Open Livestream to Discuss May 2019 Hard ForkJapan’s FSA Reportedly Honing In On Crypto ETF DecisionIan Edwards is an independent journalist who covers technology and the cryptocurrency/blockchain space. He lives in the United States and doesn’t own any cryptocurrencies. Follow him on Twitter: @ianedws.Coinfloor Spinoff CoinFLEX Looks to Physically-Delivered Crypto....Ethereum Classic 51% Attack Performed by Unknown....Ethereum Classic 51% Attack Performed by Unknown Actor

ICO Alert The ICO Journal The Merkle Toshi TimesSBI Holdings may be behind an audacious plan of integrating SWIFT GPI with RippleNet via R3’s Corda Settler. The latter use XRP, and if that is the case, our previous XRP/USD trade assertions will be valid. With a 10 percent spike, it is likely that XRP could retest 80 cents.Good news for Ripple and XRP. SWIFT, the global payment messenger platform, is in a proof of concept stage, trying out its new GPI Link payment standard withR3’s Corda. If anything—and if this testing phase is a success, then we could see SWIFT integrating XRP indirectly via the Corda platform. Remember, in Dec 2018, Corda Settler launched. Corda Settler is an application that facilitates cryptocurrency payments between enterprise blockchains via XRP.We are excited to announce our partnership with @swiftcommunity to integrate gpi with Corda Settler. @Cordablockchain https://t.co/FyEJScr0j8Furthermore, there is an existing partnership between R3 and SBI Holdings where the former has a 60 percent in the SBI R3 Japan venture. It doesn’t stop there. SBI Holdings also has a 60 percent stake in SBI Ripple Asia consortium, and the banking group is a keen supporter of XRP and Ripple solutions.“SBI Ripple Asia is providing a next-generation payment platform powered by DLT (Distributed Ledger Technology) to financial institutions and remittance transfer providers in Asia as a joint venture of SBI Holdings and Ripple, a US FinTech venture.”From the above, it’s not hard to see why Takashi Okita of SBI Holdings is not pulling strings as SWIFT trials on Corda. XRP is up 10 percent at the time of writing with decent trade volumes.We shall gauge the level of market participation by close but what is clear is that there is a double bar bull reversal pattern off 30 cents. The bar does confirm bulls of mi-Dec 2018 as well as bringing to light the previous trajectory set by Sep 2018.Because of this, it is likely that XRP bulls will drive prices above 34 cents igniting risk-off long positions with first targets at 40 cents.Even though we have a clear bull bar, transactional volumes are light—but above average. At the time of writing, today’s bullish engulfing bar was pumped by high-volumes –23 million. Trading ranges are extensive, but volumes are below those of Jan 28—31 million and less than 83 million of Jan 10. All the same, we are in the early stages of a trend reversal, and transactional volumes are building up.The post Ripple Price Analysis: XRP Benefiting From SWIFT–Corda Trial appeared first on NewsBTC.Published in Corda, News, R3, Ripple, SBI Holdings, SWIFT, technical and XRPThis site uses Akismet to reduce spam. Learn how your comment data is processed.

and it’s starting with XRP.R3 said XRP is the first globally recognized cryptocurrency to be supported by Settler, bringing the Corda and XRP ecosystems into closer alignment – something of a rapprochement considering Ripple and R3 were previously locked in a legal dispute.“The deployment of the Corda Settler and its support for XRP as the first settlement mechanism is an important step in showing how the powerful ecosystems cultivated by two of the of the world’s most influential crypto and blockchain communities can work together,” said Richard Gendal Brown, CTO at R3, adding:“While the Settler will be open to all forms of crypto and traditional assets, this demonstration with XRP is the next logical step in showing how widespread acceptance and use of digital assets to transfer value and make payments can be achieved.”The Corda Settler is an open source CorDapp that allows payment obligations arising on the Corda network to be settled via any parallel rail supporting cryptocurrencies or other crypto assets, and any traditional rail capable of providing cryptographic proof of settlement.The app will verify that the beneficiary’s account was credited with the expected payment, automatically updating the Corda ledger. In the next phase of development, the Settler will support domestic deferred net settlement and real-time gross settlement payments.When a payment obligation arises on Corda during the course of business, one party now has the option to request settlement using XRP, said R3. The other party can be notified that settlement in XRP has been requested and that they must instruct a payment to the required address before the specified deadline. Once an oracle service validates the payment has been made then both parties can treat the obligation as settled.R3’s Corda platform has taken some bold steps to build its ecosystem while also building bridges between the private enterprise blockchain world and the public domain, with tokenisation of assets being added earlier this year with Cordite.The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Settlement With Ripple (XRP), Partnership Likely? appeared first on Ethereum World News.In the recent past, Ripple has been on the forefront pushing for partnerships and a way to keep its community engaged. Currently, Ripple is working with another blockchain platform, R3.According to Tony_xrp, a Twitter user:R3 has begun testing Corda Settlers payment engine with Ripples XRP. The combination of the Corda blockchains distributed ledger technology and Ripples remittance mechanism is likely to create many new business cases that were not possible before.XRPFinds More Use Case The testing would make use of Ripples native coin,XRP. While this caused a wave of excitement among Ripple and XRP supporters, R3has from the start maintained that its technology is capable of being connectedwith a variety of networks, especially payment systems.R3 is a global leader in developing enterprisesolutions based on the blockchain technology. Its CordaSettler is:An application purpose-built to allow for payment obligations raised on the Corda blockchain platform to be made through any of the worlds payment systems, both traditional and blockchain-based.Richard Gendal Brown, the Chief TechnologyOfficer, R3, noted that adding XRP into the Corda Settler environment served toshow how Ripple and R3 have over time cultivated influential crypto andblockchain communities.Brown went on saying that although Corda Settler will use a host of other cryptos, XRP being the first shows its widespread appreciation in transferring value.InstimatchGlobal Also Uses Corda Settler Instimatch Global, a platform composed of institutional lenders and borrowers all over the world, also works with R3s Corda Settler, consequently tapping into the power of XRP in its remittance network.Apart from partnering with R3, Ripple has, in the past, been rumored to have partnered with SWIFT, a global firm facilitating transactions between traditional financial institutions. At the time, SWIFT had abandoned plans to continue developing its own blockchain platform. Coincidentally, at the same time, Ripples CEO, Brad Garlinghouse, replied to the speculations of a partnership indicating that it will be announced when something solid is in place.Its Brads reaction to the rumors that fueledthe speculation even more. Although these rumors remained to be rumors, apartnership between Ripple and SWIFT would be beneficial to both firms. For instance, Ripple would have benefited fromSWITFs customer base, which has over 11,000 financial institutions whileSWIFT, on the other hand, would have benefited from Ripples remittancetechnology based on blockchain technology.SWIFT-RipplePartnership Cannot Be Discounted Fortunately, a partnership between SWIFT and Ripple may still be on the way. SWIFT has announced that it will allow firms focusing on blockchain technology to utilize its Global Payments Innovation (GPI) network when facilitating payments in real-time.In an announcement,SWIFT said:Well also soon be enabling GPI payments on DLT-based trade platforms. Resolving the payment challenges DLT platforms face, we will enable GPI payments to be initiated within trade workflows, automatically passing them on to the banking system.SWIFT developed GPI to enhance traceability,speed, and transparency of transactions by embedding a set of business rules onits existing infrastructure.One of the firms already connecting on SWIFTsGPI is R3, which is also using XRP on its Corda Settler payments network.The post R3 Testing Corda Settlement With Ripple (XRP), Partnership Likely? appeared first on Ethereum World News.

inter-bank trading in Intraday markets possible.The DApp has been integrated with the latest settlement API (R3 Settler/XRP). The integration affords the DApp of high speed of payments required in intraday trades.“Our money market offering in R3 Corda is a highly secure, GDPR compliant DApp allowing Banks, Family offices, Corporations, Utilities etc. to exchange liquidity amongst each other,” the firm says.This DApp is a “modern alternative” to the popular voice broking.Read: Basic Attention Token (BAT) Leads Ethereum (ETH) In Long-Term Breakout, No Way For XRPIt replaces Instimatch’s widely used and centralized database version that has presently “a volume of over 1 Billion USD equivalent and 50 Banks are on-boarded”.Hear me at "Global Fintech Conference🇮🇳" 23rd Feb 10-10.30 AM Delhi University to know how with @Cordablockchain & @Ripple we solutioned Money Market Intranet 1st time globally for @Instimatch Swiz #Fintech & on-boarded 50+banks#Blockchainnews #Blockchainhttps://t.co/TxnofwfTi0 pic.twitter.com/VX2nMDPYWuInstimatch aims to deliver an alternative that offers better access to markets and pricing across the world.The cloud-based platform links lenders and borrowers digitally by providing state of the art access and pricing with the opportunity to expand counterparty risk.Instimatch hopes to have over 100 counterparties from different sectors trading across regions in 12 months.Japanese Financial giant SBI and blockchain firm Ripple have been bullish about digital asset XRP by affirming that in 2019, XRP’s digital market will outnumber Bitcoin (BTC)’sAlso Read: Ripple’s Brad Garlinghouse Criticises JPM Coin, As Economist Nouriel Roubini‏ Says Coin Not CryptoAs contained in an article by  Coinpost.jp, the President and Representative Director of SBI Holdings, Yoshitaka Kitao pointed that XRP will become a global currency in the nearest future.“Because XRP is already beginning to become international, xRapid will be used for fund transfers in 2019. By increasing the so-called XRP’s plastic use, we anticipate that the [Ripple] market capitalization will easily exceed the market capitalization of Bitcoin (BTC).”Not long, Kitao announced the launch of SBI R3 Japan. The consortium and some other moves have showed that SBI is an unrelenting supporter of Ripple’s XRP. One, R3’s Corda Settler platform is utilizing XRP for international remittances.Kitao also affirmed the awesomeness of XRP on Corda settler, stating that the settler and the digital asset have “high affinity”.“You can use R3’s ‘Corda’ for international remittance, but Corda Settler and XRP use this because they have high affinity. That’s why the SWIFT partnership with R3 (Corda) is good news that brings bright materials to the market… What I emphasize is to combine R3 and Ripple to make XRP thoroughly practical useable.” var quads_screen_width = document.body.clientWidth; if ( quads_screen_width >= 1140 ) { /* desktop monitors */ document.write('');

technology that is designed for businesses and major financial institutions to use to create a shared, decentralized and transparent record of transactions. According to R3, the Corda Network will allow businesses to send and receive digital assets and data in an efficient and secure manner. The Corda Foundation, a nonprofit organization, will independently govern the network. In a press release, R3 announced the launch of the network and promised that businesses that use Corda will be able to… “create private ecosystems within their organization, or with trusted commercial partners, while remaining interoperable with the wider Corda community where appropriate. Relevant information can be shared between applications and organizations, creating efficiencies and avoiding duplication. Corda Network also includes identity verification and privacy services to ensure that participants can operate on the network safely.” The Ripple community is excited about this announcement because XRP will be the first cryptocurrency supported on the Corda app. The XRP Research Center tweeted: (adsbygoogle = window.adsbygoogle || []).push({}); 2) CN now bridges Corda Enterprise "CE" (private DLT apps) Corda (public CordApps). 3) Hence, CE *could* now settle with Corda Settler (#XRP). 4) CN Foundation is created for CN management. https://t.co/1V3YLQ1zQH — XRP Research Center (@XrpCenter) January 16, 2019 Richard Gendal Brown, the CTO of R3, expressed his excitement for the cooperation between Ripple and Corda back in December. “The deployment of the Corda Settler and its support for XRP as the first settlement mechanism is an important step in showing how the powerful ecosystems cultivated by two of the of the world’s most influential crypto and blockchain communities can work together.” Corda could be a platform that bridges all types of businesses with the emerging and maturing cryptocurrency space. Interoperability is a coveted feature that could allow Corda to help multiple blockchain networks to flourish and gain value while developing ecosystems for variously specialized niches. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); ins.adsbygoogle { background: transparent !important; } Related Topics:‪Cryptocurrency‬CurrencyFeaturedXRP Ripple’s CEO and CTO Blasts ‘XRP’s Hostile Takeover’ Rumors Ethereum Postponed its Hard Fork, But Some Miners Didn’t Listen (adsbygoogle = window.adsbygoogle || []).push({}); Ripple Promotes XRP Adoption With An Innovative Accelerator Program, A Strategy Previously Used By PayPal (adsbygoogle = window.adsbygoogle || []).push({}); The 2018 bear market seems to have affected the interest of potential new investors although the most important projects have moved on with their developments and plans. XRP has of course also been affected, but the good thing is that despite the market’s fall towards the end of 2018, Ripple continued to make massive progress on the two fronts of developments and adoption. The company has been making a lot of moves on the path towards mass adoption, and this definitely helped XRP remain relevant despite the bearish trend from last year. When things go great again, XRP will more than likely be one of the most popular crypto that investors will choose. The latest significant move that Ripple made in its strong campaign of promoting XRP is the launch of an accelerator program that supports enterprise and commercial companies that are planning to join RippleNet. We’re looking at funding of about $300 million in XRP which will be rewarded based on rebates in trading volume and XRP market adoption incentive, Smartereum reports. (adsbygoogle = window.adsbygoogle || []).push({}); “With these volume rebates, members of RippleNet will be awarded a license along with an integration-fee rebate as soon as they reach the volume milestones. The rebates will be given based on the trading volume processed at the time of publication, and it would account for 50% to 300% of their first-year license and integration fees,” the online publication reveals. The program has the primary goals of encouraging XRP adoption and also to promote Ripple’s innovative solutions. It’s interesting to note that Ripple is not the first company that decided to launch such a program. PayPal, the electronic payment giant, has also used this strategy in order to promote its adoption during its early stages. Ripple could promote the use of XRP using this strategy because the incentive given is in XRP and not just fiat currency. Smartereum also reveals that a source claims the test phase has been successfully completed. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); ins.adsbygoogle { background: transparent !important; } XRP, To Become The Global Standard – Ripple And R3 Are Using The Crypto To Reshape Financial Transactions (adsbygoogle = window.adsbygoogle || []).push({}); here have been a lot of moves lately made by Ripple, but also other companies as well that are supporting the mainstream adoption of the digital asset XRP. Ripple borrows a move from PayPal to support adoption The latest move made by Ripple is something similar to what PayPal had done in its early days. The intense campaign of promoting XRP involves the launch of an accelerator program that supports enterprise and commercial companies that are planning to join RippleNet. PayPal also used this strategy in order to promote its adoption during its early stages. SBI Holdings says that Ripple and R3 are using the digital asset XRP in different ways to reshape how value can be transferred across borders. There’s a brand new financial report coming from SBI that highlights Ripple’s focus on changing the current financial system. According to the same report, R3’s new Corda Settler’s primary focus is to expand beyond the world of traditional finance by offering a vast variety of companies the opportunity to use smart contract blockchain tech in order to move money. Both companies, R3 and Ripple, adopted XRP as a way to move money all over the world. (adsbygoogle = window.adsbygoogle || []).push({}); R3 recently revealed its Corda Settler which uses the blockchain tech in order to settle transactions between crypto and fiat. "My dream is to have this adopted as a regional currency in Osaka by 2025" pic.twitter.com/tiMYrUnDkE This protocol is using XRP as the first crypto payment rail. SBI CEO Yoshitaka Kitao recently talked about the massive impact that Ripple and R3 can have on international payments, and he also made sure to address the future of SWIFT. He basically said that the traditional payments system has run out of options. SBI Holdings invested in both Ripple and R3, and we recommend that you take a look at their complete report. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); ins.adsbygoogle { background: transparent !important; } (adsbygoogle = window.adsbygoogle || []).push({}); Ripple is more decentralized than Ethereum and Bitcoin according to CTO David Schwartz. XRP/USD slight dip finds support; bullish momentum could see more growth in the short-term. Ripple buyers are making a comeback following the sharp declines on Friday, Asian trading session. The European session has seen the asset make a reversal above $0.30. Ripple had dipped below the vital support at $0.31 and formed a low around $0.2978. The centralization of Ripple’s network has been and still is a topic on contention. However, the chief technology officer of the company, David Schwartz reckons that Ripple is becoming more and more decentralized. He claims that its level of decentralization is surpassing that of Bitcoin and Ethereum. (adsbygoogle = window.adsbygoogle || []).push({}); On the other hand, Ripple is making a significant bullish move above $0.30. The second largest crypto in the market is currently trading at $0.3054 while the upside is immediately limited at the 15-minutes 50-day Simple Moving Average (SMA). The bulls have their eyes glued on $0.31 support turned resistance but first, they must clear the hurdles at the 23.6% Fibonacci retracement level with the last swing high of $0.3382 and a low of $0.2978 and the 100-day SMA on the same chart. The technical indicators are strongly positive which means that the upward momentum will continue in the short-term. (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); ins.adsbygoogle { background: transparent !important; }

same is about withdrawal: you need a place for Bitcoins storage. Nowadays, there are a lot of options available. https://southsudan.afriqo.com/community/profile/casinobtc1590859/ The first easy to use gaming cryptocurrency : Enjin Coin is the first cryptocurrency with an authentic purpose for online gamers, free online bitcoin slots dolphin treasure. Earn and trade virtual goods in the most popular gaming community creation platform online. A major problem for betting platforms on the blockchain is that there is always a single point of failure, free online bitcoin slots australia. For example, if there is a market for the outcome of an MLB game, and the smart contract fetches information from MLB. This page also shares which gambling sites specifically facilitate the use of Zelle, and how to use Zelle as a funding method at any online casino, poker site, or sportsbook that accepts Bitcoin. Bitcoin Through An Exchange, free online bitcoin slots australia. History of Gambling in Canada, free online games to win real money no deposit. Gambling came to Canada by the early French settlers. A brand new app, free online bitcoin slot games davinci diamonds. The entire trading app has been redesigned from the ground up and is both desktop and mobile friendly. How much does a bitcoin trading robot cost, free online interactive bitcoin slots. Most bitcoin trading robots do not require a license fee. We have detected that you are using an ad blocking plugin in your browser. The revenue we earn by advertisements is used to bankroll the platform, we therefore kindly invite you to whitelist our website before proceeding further, free online games to win real money no deposit. Bitcoin Poker is just only the platform, and the players will play against one another on this platform, free online bitcoin slots real cash prizes. Some of the countries will have specific laws to prevent the players from playing plat poker on the online casinos , but there will be no problem like this with Bitcoin Casinos. Betchain casino in which bonus options are given special attention, at the moment there are 10 promotions. From 2013 to the present, Betchain has managed to gain popularity from an unknown, small casino in one of the largest Bitcoin casinos in the gaming market, free online bitcoin slot machine majestic sea. Despite the dual pricing issue as well as the absence of the early jump, Bovada sportsbook offers mind-boggling values on underdogs simply because it shades its lines towards the heavier public bets. Proposition markets at Bovada are very large especially in the case of NFL, free online bitcoin slots machines games.com play now. blabla

:Corda, REST Services, Graph DB, Blockchain, Java, Golang. Knowledge of any Blockchain technology with ability to self learn Corda.. Apply Directly: If you think this is of interest to you, you can apply now directly! Visit. Set up your Resume:Go to our Menu Bar and upload a resume so employers can find you.Stay connected:Follow us to get the latest blockchain job market updates and news from us.

Kingdom-registered cooperative made of former bankers, has touted their new token XDC as an improvement upon the shortcomings of early crypto-assets. XDC is built upon the Public Corda Network, an open-source blockchain developed by distributed ledger technology (DLT) focused R3. 

Crook, a former executive at the Royal Bank of Scotland, told CoinDesk in an interview that XDC has been built from scratch to satisfy the demands of international regulators, including the Financial Action Task Force (FATF). 

He continued, saying XDC was designed to meet the basic functions of money and called the new token a “next-generation bitcoin or XRP.”

Crook also explained that XDC’s code will provide opportunities for central bank digital currencies (CBDCs) to run on the Corda blockchain, in addition to an expansion fo decentralized finance (DeFi). 

He highlighted the complexity of know-your-customer demands in finance and said XDC was poised to bridge the gap between user privacy and regulatory compliance. 

Featured Image Credit: Photo via Pixabay.com