The price of Ripple’s XRP went up – and then rapidly down – today on leading United States-based cryptocurrency exchange Coinbase. As the cryptocurrency rallied to over $0.90 USD, a price it hasn’t hit since May of 2018, it took seconds to fall back down again crashing by almost 30...
“XRP is a digital asset that exists on the XRP ledger, one of the open-source products created by Ripple. XRP is a pivotal component of the Internet of Value, since it solves a key point of friction: the pre-funding ofnostro/vostro accountsnecessary to facilitate cross border payments.”...
In this case, it’s running the price up, but we are just as likely to see the same effect running the price down as well. (This is what happened on a larger scale on October 19, 1987, triggering the Black Monday stock market crash.)...
This reality already happened in many currently developing countries, before they even became developed, perhaps partly HOW they will become developed, more productive with more energy use per capita plus more time to be productive. Bangladesh Birth rate is 2.1 children per woman, if you doubt thi...
If the entire internet relies on these protocols, one would expect these protocols to extract value (read: make money). However, that hasn’t happened. Instead, the applications built on top of these protocols have made all the money. Google, Facebook, and Amazon can’t exist without TCP/...
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Because trading goods are not always easy to carry around, evolution happened. China and Europe were the world’s pioneers in creating objects similar to modern-day money to make it easier to purchase goods and services. The first region to use an industrial facility to manufacture coins was ...
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A smart contract condition ensures that an exchange of goods and services between actors is valid before the transaction is recorded on the blockchain. This improves transparency in the value chain because everyone involved is aware of what has happened and who is responsible. ...
customers would receive 100% of their holdings back at the bankruptcy petition date rate but with interest. The plan anticipated a repayment rate of between 127% and 142% for website and U.S. customers, who have been given priority over ...