As usual, lots of things are happening around Ripple, and it’s native currency. That’s how it’s been almost every week for more than a year now, so keeping up with all the news is almost a full-time job (which is our job) and, in this article, we’ll give you a quick digest about what’s been going on lately.
Sendfriend joins Ripple and others
Sendfriend is a blockchain-based remittance company that works mainly for transfers between the US and the Philippines. It currently offers the cheapest, safest and quickest way to process payments between those two countries and it’s raised 1.7Million in new capital to help Overseas Filipino Workers to improve the service’s quality and the customer’s experience.
Among the company’s new collaborators are 8 Decimal Capital, 2020 Ventures, Mahindra Finance, TechStars, the Mastercard Foundation, Barclay’s, MIT Media Lab, and, of course, Ripple.
The Ripple collaboration includes using xRapid to eliminate friction from transfers, and XRP (the coin) as a means of liquidity, so that payments can be settled in seconds.
Ripple has been securing at least a new strategic partnership every week for months now, so this isn’t very surprising, but it shows that Ripple’s leadership is not losing any momentum.
The Ripple community takes the PR war seriously
Ripple’s technology and Ripple’s digital asset (XRP) have not been the most popular cryptocurrency in the world, even if it’s been one of the most profitable coins ever to hit crypto.
Because Satoshi’s original vision for Bitcoin and cryptocurrencies was to disrupt and finish off the traditional financial system and fiat currencies, Ripple has worked to enhance that traditional system by means of blockchain technology, so many purists consider that to be a betrayal of crypto’s original values and aims. As a consequence, the project and the coin have been at the center of many attacks.
But the Ripple community is steadfast. They like the project and the coin because they understand that the fundamentals are sound.
Recently, the attacks have escalated because many scammers have been using false accounts to promulgate points of view that are, at the very least, very hostile to Ripple.
The community is fed up with this, so they are creating self-governed mechanisms to counteract this. One of those is xrparcade.com. In this website, you can find a list of scammers that are trying to divulge doubtful information about Ripple and XRP. But there are other initiatives.
So how can you protect yourself from disinformation about XRP or any other blockchain project? Well, just make sure you keep reading honest articles. Like ours!
New members in the University Blockchain Research Initiative
UBRI was started last June 2018 by Ripple. It’s a research fund meant to create and support educational programs in blockchain technology all over the world. Last February 7th, Ripple announced that eleven new universities would join the program.
Those include Tsinghua University, the University of Sao Paulo, Northeastern University, the National University of Singapore, the Morgan State University, the University of Michigan, the University of Kansas, Georgetown University, Duke University, Cornell University, and Carnegie Mellon University. Plenty of names with huge prestige in the list, so the new UBRI members don’t lack academic credibility at all.
Investing in education has done wonders in the past for tech giants such as IBM, Apple, and Microsoft. This is, of course, a long-term effort so we’ll have to wait a few years before we can see this tree grow some fruits.
Image courtesy of Pixabay.
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