Dünya Bankası Ripple ve XRP Tabanlı xRapid'i Övdü, Teknolojinin Sınır Ötesi Ödemelerini Dönüştürebileceğini Söyledi | Kripto Kılavuz
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World Bank Praises Ripple and XRP Based xRapid, Technology Says Transformation of Cross Border Payments

The World Bank praises distributed notebooks and sees Ripple's xRapid as a potential transformational technology.

A new article by Better Cash Alliance members and World Bank's top financial industry expert Marco Nicoli calls on traditional businesses to düzey slow and opaque ve coins, often requiring agents that lead to higher costs and slow transfer times. These shortcomings leave the door completely open for emerging technologies.

Göster These shortcomings show that the cross-border payment industry has matured in terms of degradation and innovation. Some of them think that distributed general accounting technologies (DLT) have the potential to cause changes in the sector-wide. In fact, B2B cross-border payments, which are traditionally characterized by fragmentation and opacity, are a potential use case for successful implementation of DLT.

Using DLT solutions can reduce compliance costs and improve transparency and traceability of transfers. This can help alleviate the impact of the risk protection phenomenon affecting the referral service industry over the past few years. Increasing the transparency of transactions may increase the confidence of the banking sector in the remittance sector. In addition, DLT solutions can completely bypass the risk of potentially risk-taking by ensuring that remittance service providers work without the need for a correspondent banking relationship. "

In particular, the report praises Ripple's xRapid product as a da actively tested R real-world solution in the market.

Tı In 2018, a fintech company, Ripple piloted a DLT-based cross-border payment solution, xRapid, along the US-Mexico corridor. The financial institutions involved in the pilot practice saved 40-70% on foreign exchange costs and the average payout period was just over two minutes. The transfer of funds in XRapid lasted two to three seconds, with the majority of processing time announced by internal payment rails and vehicle digital asset changes. "

The report also highlights initiatives by incumbent people to increase transfer costs and speeds; JP Morgan shows that Coin and Swift are two examples of distributed notebook concept.

As for the long-term distribution of distributed notebooks, the World Bank says it remains an open question.

End The DLT continues to be answered when there will be an effective solution to the challenges faced by the money transfer industry and when the technology will reach an adequate scale to effectively disrupt this area. In any case, there is a wide opportunity for innovations in the cross-border payment industry - and of course, Her he said.

 

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

 

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

 

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

 

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph

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