Could an XRP Payments Plug-in Power Payments at 3.3 Million Online Stores in Future?

The belief in XRP is growing, despite the recent suspicion some in the community had over its listing on the Coinbase exchange. The XRP token was …

Wieste Wind, the founder of a Ripple-focused startup XRPL Labs, is keen on getting the XRP token adopted by the masses. Wind has launched a bounty program that challenges developers to create a WooCommerce plug-in that will integrate the XRP token with the ecommerce plug-in.

A total of 1,000 XRP tokens is up for grabs to the developer(s) who creates the plug-in. Wind’s intention is to integrate the XRP token with the over 3 million websites that use WooCommerce

WooCommerce $XRP#hackathon – Bounty: 500 XRP from me + 500 XRP from @XRPTrump + {who’s adding more XRP to the bounty!?} 🎉

Requirements in attached image. Invite me to your Github Repo if you’re ready 😎 pic.twitter.com/hoBV7fKjgT

— Wietse Wind (@WietseWind) March 7, 2019

This is not the first time a project has considered the idea of WooCommerce integration.

Last year, Request Network announced that it had successfully managed to integrate the REQ token with WooCommerce, making it easier for merchants to receive payments.

XRPL Labs is working on several initiatives for the Ripple Ledger, including a signing platform, a decentralized exchange UI and a cold storage OS. The company, run by 3 individuals who strongly believe in the potential of XRP, is keen on getting the token out to the masses.

The belief in XRP is growing, despite the recent suspicion some in the community had over its listing on the Coinbase exchange. The XRP token was in violation of one of the exchange’s Digital Asset Framework’s rules, but it remains on the exchange.

Ripple’s Head of Markets has said that it was “Coinbase’s independent decision” to list XRP.

Certainly, XRP has been doing well in other regards. RippleNet continues to nab an impressive number of partners, and one of its backers, SBI Holdings, believes that there will be a bright future for the token.

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Time (TIME) plunges -2.42% on March 9-10

Chronobank is a system designed to tokenize labour-hours using blockchain technology. The system leverages smart contract techniques to automate …

It was bad day for Time (TIME), as it declined by $-0.045342 or -2.42%, touching $1.830168. Global Crypto Experts believe that Time (TIME) is looking for the $2.0131848 goal. According to 9 analysts could reach $2.87324963011862. The highest price was $1.87551 and lowest of $1.804062 for March 9-10. The open was $1.87551. It last traded at HitBTC exchange.

For a month, Time (TIME) tokens went down -5.66% from $1.94 for coin. For 100 days TIME is down -6.62% from $1.96. It traded at $6.23 200 days ago. Time (TIME) has 710,113 coins mined with the market cap $1.30 million. It has 710,113 coins in circulation. It was founded on 08/12/2016. The Crypto TIME has proof type and operates under algorithm.

Time is an Ethereum-based token issued by Chronobank. It allows users to receive dividends from the fees and issuance of Labor-Hour Tokens (LHT) in the Chronobank system.

Chronobank is a system designed to tokenize labour-hours using blockchain technology. The system leverages smart contract techniques to automate a process whereby a country-specific ‘labour-hour’ token may be redeemed for real labour-hours via legally binding (traditional) contracts with labour-offering companies. The proposed ‘stable-coin’ LHT implementation provides a non-volatile, inflation-resistant digital asset transfer system.

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From March 7-8 Bancor Network Token (BNT) has fell more than -0.65%

The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The flexibility …

Bancor Network Token (BNT) had a bad 24 hours as the cryptocurrency declined $-0.00349305300000013 or -0.65% trading at $0.530944056. According to International Crypto Experts, Bancor Network Token (BNT) eyes $0.5840384616 target on the road to $1.10058268676364. BNT last traded at Upbit exchange. It had high of $0.5433638 and low of $0.527062886 for March 7-8. The open was $0.534437109.

Bancor Network Token (BNT) is up 16.46% in the last 30 days from $0.4559 per coin. Its down -26.84% in the last 100 days since when traded at $0.7257 and the annual trend is down. 200 days ago BNT traded at $1.51. BNT has 74.02 million coins mined giving it $39.30M market cap. Bancor Network Token maximum coins available are 79.32M. BNT uses algorithm and proof type. It was started on 13/02/2017.

The Bancor Protocol is a blockchain-based system for discovery and a liquidity mechanism supporting multiple smart contract platforms. The flexibility of these blockchains allows tokens to be locked in reserve and to issue smart tokens on the Bancor system, enabling anyone to instantly purchase or liquidate the smart token in exchange for any of its reserve tokens.

The BNT is the first smart token on the Bancor system and it will hold a single reserve in Ether. Other smart tokens, by using BNT as one of their reserves, connect to the BNT network. The BNT establishes network dynamics where increased demand for any of the network’s smart tokens increases demand for the common BNT, benefiting all other smart tokens holding it in reserve.

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Tokeny and Lition Partner to Pilot a €20 Million Syndicated Loan

Lition claims to be the only scalable public-private blockchain with … Through distributed ledger technology however, security tokens can curtail the …

As of March 7th 2019, Tokeny and Lition have announced an agreement to develop new methods of security token compliance. The two will collaborate on Lition’s previously announced pilot project involving the VR Bank.


Tokeny and Lition Partner to Bring Added Compliance to Security Tokens

Tokeny is a platform which uses the T-REX token standard to ensure compliance throughout the initial issuance, secondary market trading, and overall life-cycle of security tokens.

Lition claims to be the only scalable public-private blockchain with deletable data features.

The two have officially partnered to add to the existing methods of compliant securities tokenization. Their addition will include the ability to protect and delete private data, while maintaining the typical features sought after with blockchain technology including immutability and security.

The announcement comes at a time when large industry players continue to enter the digital asset space, including NASDAQ and Fidelity.

The traditional methods of issuing securities requires time, features costly expenses, and involves numerous middlemen. Through distributed ledger technology however, security tokens can curtail the majority of such obsolete constraints.

As stated by Tokeny CEO Luc Falempin,

“The advantages of using blockchain technology in the issuance of securities are overwhelming. Those benefits are starting to be recognised by regulated institutions and this initiative is proof of that recognition. What has held this technology back from institutional adoption is the lack of compliance and regulation.”

Details of Lition and Tokeny’s Project with the VR Bank Explained

Lition has previously signed an agreement with both a real estate development company and the VR Bank. As a leading banking conglomerate in Germany, VR Bank works with more than $1 trillion in valued assets. The agreement involves the development of a solution to process syndicated loans on Lition’s blockchain.

According to the press release, the loan volume for a housing complex in Germany has a volume of approximately €20 million, which is set to be the basis to issue security tokens on Tokeny’s T-REX standard.

Lition CEO Richard Lohwasser provided the following comments on the news:

“We’re tremendously pleased to announce this initiative with Tokeny after having already announced our partnership with the VR Bank earlier this week. The benefits of tokenizing securities are very strong. So far high legal hurdles have hindered large scale adoption, but by ensuring data privacy and deletion with our unique technological solution, we’re finally one step closer to legal security token offerings. It opens up the door for many others to follow suit.”

What do you think of Tokeny and Lition’s partnership? Will tokenized loans be one of the first major areas of security token adoption? We want to know what you think in the comments section below.


Image courtesy of Tokeny.

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The Cryptocurrency Storiqa Token (STQ) sheds by -1.03% on March 6-7

STQ last traded at Exmo exchange. It had high of $0.0003239 and low of $0.000307 for March 6-7. The open was $0.0003202. About 21.20M STQ …

Storiqa Token (STQ) had a bad 24 hours as the cryptocurrency declined $-3.29999999999997E-06 or -1.03% trading at $0.0003169. According to International Cryptocoin Analysts, Storiqa Token (STQ) eyes $0.00034859 target on the road to $0.000672507755212908. STQ last traded at Exmo exchange. It had high of $0.0003239 and low of $0.000307 for March 6-7. The open was $0.0003202. About 21.20M STQ worth $6,659 traded hands.

Storiqa Token (STQ) is up 2.13% in the last 30 days from $0.0003103 per coin. Its down -60.53% in the last 100 days since when traded at $0.0008028 and the annual trend is down. 200 days ago STQ traded at $0.001886. Storiqa Token maximum coins available are 2.79B. STQ uses algorithm and proof type. It was started on 03/10/2017.

Storiqa is a platform created for buyers and sellers all over the world. With an easy-to use online store builder, any seller is able to create their own storefront to sell their goods, while making use of the platform’s wide range of features for a minimal fee. STQ is ERC20 compliant token based on the Etherium network.

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