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.
Lisa Seacat DeLuca holds 500 patents working in artificial intelligence, blockchain, cloud computing, and the Internet of Things.
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.
Rapper Offset talked to Cheddar about providing opportunities and building community through his partnership with esport organization FaZe Clan.
The weeklong rout in markets is being driven by fears that the spreading coronavirus will derail the global economy.
Union Square Hospitality Group CEO Danny Meyer discusses the changing landscape of restaurants due to rapidly changing technology.
The airline has filed patent and trademark applications for its "Economy Skynest" concept, which would modify the economy cabin in planes to include six full-length sleeping pods.
These are the headlines you Need 2 Know for Friday, February 28, 2020.
The Dow Jones Industrial Average sank nearly 1,200 points Thursday, deepening a weeklong global market rout caused by worries that the coronavirus outbreak will wreak havoc on the global economy.
These are the headlines you Need 2 Know for Thursday, February 27, 2020.
Lyft, which bought out the bike-share system in 2018, recalled the first batch of e-bikes in April 2019 due to a braking problem that caused multiple injuries and lawsuits.
