Starting from April 25, SBI Holdings’ Yoshitaka Kitao is officially replacing Takashi Okita on Ripple’s board.
Ripple is receiving investments from 13 banks into its MoneyTap App, which handles money transfers between banks as well as between individuals via smartphones. The app does not use XRP, but employs xCurrent for powering payments.
Federal Bank in India has entered into a partnership with Ripple Inc, a blockchain supported global remittance company, for cross-border remittance through its network.
Compared to its peers, Bitcoin and Ethereum, Ripple has the wealthiest community in terms of project support. There is no doubt that throughout this year, Ripple has shown that it can bring the biggest names to its list of followers.
The price analysis of cryptocurrency market suggests Ripple (XPR) is steadily gaining momentum as there are hidden aces up the sleeve that make value of the third biggest digital coin swing upwards.
The price of yet the third largest cryptocurrency in terms of market capitalization continues to spiral upwards following the announcement made by a joint venture between Ripple and SBI Holdings.
MoneyTap has officially launched its website which is a major step forward connecting several Japanese banks via Ripple solutions.