Western Union plans to incorporate Ripple in its payment system

Home » BLOCKCHAIN » Western Union plans to incorporate Ripple in its payment system
Western Union plans to incorporate Ripple in its payment system

One of the world’s largest payment systems Western Union confirmed information that the company is testing the possibility of making payments based on Ripple technology.

According to Raj Agravala, the company’s financial director, the project is only at the initial stage and is not considered as a key element of the Western Union business.

The company also did not specify which solution from Ripple Western Union uses – xCurrent or xRapid, which involves a lot of investors interested in the crypto currency XRP.

Note that the statement of the representative of Western Union was soon after the publication of the company’s financial report. It notes that, unlike the profitable 2016, the 2017th company closed with a loss of $ 557 million.

  • bitcoinBitcoin$3,929.88
  • ethereumEthereum$145.53
  • rippleXRP$0.325302
  • tetherTether$1.00
  • eosEOS$3.78
  • stellarStellar$0.088081
  • litecoinLitecoin$50.59
  • cardanoCardano$0.046278
  • tronTRON$0.024903
  • moneroMonero$49.97
  • iotaIOTA$0.306274
  • nemNEM$0.043370
  • dashDash$83.80
  • neoNEO$8.93
IBM used blockchain to ship 28 tons of citrus fruits from China to Singapore
On the eve of the Chinese New Year celebration, the technological giant IBM delivered 28 tons of oranges and tangerines from China to Singapore. When issuing a bill of lading confirming the contract of shipment, the blockchain technology was used, reports CoinDesk. IBM experts note that the electronic bill of lading (e-BL) has accelerated administrative […]
2019-02-19 0 12
What Can I Buy with BTC and What Sites Use It?
In the autumn of 2017 cryptocurrency fever triggered a high interest among trade agents in using BTC as payment method both for online and offline commerce. People were thrilled and excited. Searches on Google like “where to pay with bitcoin”, “where to spend bitcoin”, “bitcoin stores” were most frequent those days.  Unfortunately, raising fees for […]
2019-02-18 0 36
The media confirmed the launch date of the test network Telegram Open Network
The Telegram Open Network (TON) blockchain platform, behind which the popular messenger operator stands, is 90% complete, and the launch of the test network is scheduled for the end of March 2019. It is reported by The Block, with reference to the report received by the investors of the project. As the newspaper notes, Telegram […]
2019-02-11 0 15
Media: the cost of the Telegram internal cryptocurrency could reach $ 30 billion
By the end of 2019, the total cost of the internal token Gram of the blockchain project Telegram Open Network (TON) could reach $ 29.5 billion. The Bell reports with reference to the report HASH Crypto Investment Bank. According to the investment company, the target cost of 1 Gram token by the end of 2019 […]
2019-02-07 0 11
© 2017–2018