Ripple is a San Francisco based cryptocurrency company founded in 2012. Over the past few months, the company has earned a name as a payment platform. Currently, Ripple (XRP) is the third largest cryptocurrency being traded all across the world. Global transactions are completed within three seconds in Ripple’s blockchain as compared to Bitcoin where global transactions take 40 minutes to complete. The fast transactions, reliability, and scalability of its blockchain network are revolutionizing the businesses all across the world. Therefore, many banks, financial institutions, and businesses are joining this platform. Ripple (XRP) touched an all-time high value of $3.60 in the first week of January 2018.

Last week, Ripple’s director of regulatory relations Ryan Zagone attended Federal Reserve’s faster payment task force steering committee. He was representing 90 corporations. The main objective of this committee was to formulate methods to upgrade the conventional payment system. The selection of Ryan Zagone as the representative of 90 corporations showed that the businesses all over the world have full confidence in Ripple (XRP) as a payment platform to revolutionize the businesses. Earlier, global payments all over the world are made through SWIFT. The cost effectiveness, speed, and reliability of RippleNet are making it a world leader in global payments.

Most of the financial experts are hopeful that FED will back up Ripple (XRP) as a replacement for cross border remittances. This is because Ripple (XRP) is an American based payment platform. Ryan Zagone, as a representative for Ripple (XRP), preferred Ripple (XRP) over other cash alliances. Here, it is also pertinent to mention that Ripple’s CEO Brad Garlinghouse had said that Ripple (XRP) will soon be the number one cryptocurrency choice for various banks, financial institutions, and businesses. He also advocated various Ripples’ products like xRapid and xCurrent to become the ultimate choice of businesses all across the world.

A few days back Kotak Mahindra, one of the largest private banks in India, announced partnership with Ripple (XRP) for fast, reliable, and cost effective global payments. Here, it is also important to mention that more than 100 banks, financial institutions, and remittance firms are already using Ripple (XRP) for processing cross border transactions. With the passage of time, the use of Ripple (XRP) will become inevitable for developing nations. This is because inflow and outflow of money is one of the largest problems that the businesses are facing in developing countries. The advocacy of Ryan Zagone and the influence of G-20 may attract nations all over the world to adopt Ripple (XRP) as a tool for global payments.

Most of the crypto experts were already of the view that 2018 will be year of Ripple (XRP). The listing of Ripple (XRP) on various crypto exchanges and platforms all over the world seem to support this view. We can also hope that adoption of xCurrent and xRapid by various businesses will also increase the value of coin which is trading around $0.50 nowadays. Also, it may become global currency replacing all other valuable currencies like USD, GBP, and others.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

The team behind the Ark cryptocurrency has announced an update on its Desktop Wallet. The update intends to fix some noticeable bug on its wallet, as well as, enhance the operation of the earlier wallet. It has been over 5 months since the last update

The wallet recently went through an upgrade to version 1.6.0. In terms of user-friendliness and design, the Desktop wallet cannot be compared to other wallets on the Blockchain. With the Ark desktop wallet, users have the opportunity to interact with ACES and SmartBridges directly from the wallet interface.

The update of the Desktop wallet comes with several UI improvements, as well as, tons of new features. The following are some of the improvements from the earlier version;

•        Buying Ark coins directly from the wallet: Previously, it was seemingly difficult to buy crypto coins directly from the earlier version of the Desktop wallet. But right now, the new version of the Desktop wallet makes it possible for users of the platform to buy a crypto coin with their local currency either by using their credit card or by exchanging it with other coins. It is pretty simple to buy coins using the new version. All you have to do is to open the wallet address you intend to fund and then make sure you click the “purchase ARK” tab.

•        Sending the ARK coins to several ARK addresses, users can now send ARK to various ARK addresses simply by clicking the “Send” button from the wallet interface.

•        Import and Generate BIP39 languages: This new version of the Desktop wallet makes it possible for users to generate BIP 39 supported languages such as French, English, Japanese, Spanish, Korean, Italian, Chinese, and a host of other languages.

·         Furthermore, some enhancements have been added to the new wallet such as;

•        The ability to add a recipient’s ID, sender ID, as well as, the transaction ID.

•        Adding a brief message to the receiver in case the receiver wasn’t expecting funds from you

•        Showing transaction error whenever there is a system glitch.

•        Alphabetical sorting of languages in case English is not your primary language.

Users can download the updated Ark Desktop wallet from GitHub

The Ark Community Fund (ACF) recently completed their bi-annual board election on 26th June. 5 ACF board members were duly elected by the ARK community. The new board members are elected to decide which project & idea to support. In the next couple of weeks, the current ACF board members will transmit all their responsibilities to these newly elected board members.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

Tech giant Intel has stunned the whole world by announcing partnership with decentralized application platform Enigma Project. The main objective of this partnership is to research and develop advance privacy while keeping the computation technologies at the top. Here, it is pertinent to mention that Enigma is the company that had completed $45 million Initial Coin Offerings (ICO) in September 2017. Most of the crypto experts are of the view that this partnership would increase the credibility of Enigma which is the 82nd largest cryptocurrency being traded across the world. Both the companies have confirmed the partnership at Cyber Week 2018 in Tel Aviv.

Enigma aims to create secret contracts by using Intel’s Software Guard Extension (SGX). There are reports that Enigma is creating private smart contracts for Ethereum blockchain through using SGX. SGX is a software guard that protects data and codes by using enclaves. The use of Intel’s SGX and Enigma’s blockchain will help the partners to develop new decentralized apps with increased security, scalability, and privacy. This means that the partnership will prove a lot beneficial for masses in the shape of private smart contracts.

Rick Echevarria, a spokesperson from Intel says in a blog that the company is committed to revolutionize the businesses through use of blockchain technology. He further says that all this will be achieved while increasing privacy, security, and scalability. Enigma also seems excited at this partnership because it will enable the company to advance its protocol and privacy technologies. This advanced protocol and privacy technologies will infuse a new life to public blockchains. We can hope further collaborations of Enigma with other tech giants.

Enigma plans to launch test run of its advanced protocol by the second half of 2018. The decentralized platform Enigma is working day and night to bring such exciting news for its community. Here, it is important to mention that use of blockchain technology is revolutionizing the businesses all across the world. Global remittances are completing within seconds with the help of various blockchain technology products.

There are a lot of blockchain applications playing pivotal role in almost all the businesses. But, all these applications are based on decentralized public ledger. Thus, the privacy of monetary transactions seems impossible. Enigma aims to overcome this issue by developing an advanced privacy protocol while keeping the computation at the top. This protocol will be developed by using Intel’s SGX tool to protect transactional data from hackers.

Enigma wants the blockchain technology to work at the early stages of tech businesses. We can hope that this partnership may change the trends that various businesses are following. Here, it is pertinent to mention that various cryptocurrency platforms are developing various decentralized applications to ease the customers. Ripple is also one of those platforms that have revolutionized the businesses by increasing the speed, reliability, and scalability of global remittances. Global remittances are completing in just 3 seconds in Ripple’s blockchain technology.

This partnership between Enigma and Intel will increase the scalability, privacy, and security of data being utilized by various businesses activities. It will provide a suitable platform to the businesses for developing end to end decentralized applications.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.

Pornhub, a major pornographic video website has announced to its customers that it will soon start accepting ZenCash and TRON cryptocurrencies. In April, Pornhub had earlier announced that their customers can now make payment on its website through the Verge cryptocurrency.

Pornhub believes that cryptocurrencies are more anonymous than the fiat-based currencies. In a press release issued by MindGeek – the parent company of Pornhub and other subsidiary companies and posted on the official blog of ZenCash, the company confirmed the acceptance of these two cryptocurrencies with a view to opening more payment options for its teeming customers.

The vice president of Pornhub was quoted to have said that “the adoption of a decentralized payment system is now in vague and it has gained popularity in recent history. The use of cryptocurrency for payment has transformed the way, and manner businesses are conducted.

“Currently, cryptocurrencies are important in the porn industry due to the fact that they are ‘more anonymous’ than the fiat-based currencies,” Pornhub vice president added.

The announcement by Pornhub is seen as a good move by TRON and its founder Sun Justin. Justin was in the news recently for using about $118 million to purchase BitTorrent.

The partnership between Pornhub, ZenCash, and TRON will open up a new market for these two cryptocurrencies. Pornhub’s has a daily user base of about 90 million people. In total, the group has more than 115 million users across the world.

Which Virtual Currency Is Next?

The co-founder of ZenCash, Robert Viglione, in a comment said that “the introduction of cryptocurrency to the digital entertainment industry provides a leverage for users in the industry to pay for content without violating their privacy and exposure.”

Pornhub’s acceptance of cryptocurrencies started with Verge in April. The announcement was received with mixed feelings by its customers. Verge, a cryptocurrency that was launched after the split up of Dogecoin, is now being used by Pornhub customers to pay for features such as Premium subscription. Other subsidiaries of MindGeek such as Nutaku and Brazzers have also accepted the use of the Verge cryptocurrency for payment purposes on their various platforms.

According to Pornhub executives, Verge cryptocurrency is highly anonymous, hence why they decided to settle for Verge over other alternatives. Users now have the opportunity to view their transactions via the Verge public ledger, unlike the traditional fiat currencies.

“We decided to partner with Verge because it is highly secure and anonymous compared to other alternative cryptocurrencies on the market. We hope that this partnership with Verge will enhance the payment process for our business, considering the fact that most users want to remain anonymous.”

As at the time of going to press, MindGeek didn’t disclose which cryptocurrency it would adopt next. However, an anonymous insider in the know revealed that the cryptocurrency that falls within the company’s radar is Monero.

“It is important that we continue to expand our payment options to accommodate more cryptocurrencies in order to align with our customers’ preferences in terms of anonymous payment,” the insider noted.

This is a guest post. Opinions in the article are solely of the writer and do not reflect AdFunnel Project’s view.