MoneyGram and Ripple testing bank transfers of the XRP cryptocurrency. Fortune Staff Writer Jeff John Roberts explains why this partnership is so significant.
"Unlike Bitcoin or Ethereum, it (Ripple) is centrally controlled," explains Roberts. "This is Ripple's moment of truth because people are speculating on XRP." With transaction fees so high for Bitcoin, some investors are seeing Ripple as a good alternative.
"Ripple is at the forefront of blockchain technology and we look forward to piloting xRapid," MoneyGram CEO Alex Holmes said Thursday. In the release announcing this partnership, both Ripple and MoneyGram promoted the efficiency and speed of this digital currency.
In the face of unprecedented disruptions to the way people around the world work, socialize, live and play, events for cannabis holiday 420 have migrated online to bring isolated cannabis users together on a day that's considered all about community.
Footwear giant Nike is trying out a new business playbook to meet the needs of brand-loyal consumers amid the coronavirus pandemic.
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Hesam Hosseini, CEO of Match told Cheddar Friday that despite being stuck at home, people are still looking to mingle.
NASA and SpaceX have chosen May 27 for resuming astronaut launches from the U.S. after nine years. NASA Administrator Jim Bridenstine announced the launch date Friday.
Danielle Allen, director of the center, told Cheddar that ending quarantine will require a robust social effort involving potentially thousands of workers and brand new technology solutions.
Matanya Horowitz, founder AMP Robotics, talked with Cheddar about how its robots could help recycling plant workers keep theri social distance from each other.
As healthcare workers risk their lives to treat patients amid the coronavirus pandemic, many organizations are providing much-needed support to the workers on the frontlines.
NBCUniveral’s anticipated streaming service, Peacock, launched on Wednesday for free to select Comcast customers with Xfinity 1 and Flex service.
Tatyana Popkova, chief strategy officer for the health system, talked to Cheddar about how the innovative medical center was designed to take on challenges such as a patient surge from a pandemic.
