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We don’t need to search far and wide to find news regarding Ripple establishing partnerships with large banking firms – take Santander’s One Pay FX app for example.
One Pay FX is just one example that see’s Ripple working closely alongside a major banking group, other examples would include SBI of Japan and ATB Financial of Canada. A key part of the Ripple business model is the provision of major partnerships. By working with major national banks, Ripple are ensuring the adoption of their technology, giving them new customers and a guaranteed workflow that should be around for years to come.
Partnerships play an integral role in the world of blockchain and cryptocurrency. Projects focusing on innovative concepts need to gain mainstream traction if they want to survive in the long run. The IOTA team has been actively working on forging key partnerships with some of the biggest companies which come to mind. The following examples are ranked in terms of perceived long-term potential.
Creating a partnership with software giant Luxoft has been a major milestone for the IOTA project to date. Through this collaboration, IOTA aims to optimize its Tangle protocol and unlock new features along the way. This partnership also encompasses the St. Petersburg Polytechnic University, which is one of the few academic institutions to focus its attention on IOTA at this stage.
Ripple (XRP) is one of the few cryptocurrencies to have completed a correction of more than 90% since its all time high. The price has settled just above the $ 0.25 mark which seems to be a bottom as indicated by the Vix diagram on the above weekly chart for XRP/USD. Wave trend analysis for the chart above shows that the price has likely bottomed out and is now preparing for a bullish breakout in the weeks ahead.
Yesterday, Ripple made an announcement on their official news page that points towards integration of Ripples services by three new cryptocurrency exchanges. This isn’t three new exchange listings for XRP, rather it’s a little deeper than that.
xRapid is one of the numerous Ripple technologies that help Ripple stand out as a blockchain project. As we know, xRapid is most associated with XRP, the native currency to the Ripple blockchain as it’s premise is to provide cross border payments that minimise liquidity costs, via a high speed, low fee network.
The World’s First Blockchain and A.I-driven marketplace for dating, courtship, and marriage, Viola.AI just announces 7 new exciting partnerships with FarEastFlora.com, Love Florist, Roses Only, MemeFlorist.com, Heatwave Shoes, Creative Eateries and CSK Aesthetics to offer goods and services ranging from flowers, gifts, fashion, F&B and beauty in the Asia region which will be available on Viola.AI marketplace.
One of the key features of Viola.AI is her A.I-driven Marketplace. Powered by VIOLA tokens which will enable users to purchase relevant content, goods, and services within the platform, the partnership with these merchants is a valuable first step to enrich and build the marketplace in Viola.AI to cater to the needs of singles and couples.
XinFin’s Hybrid Blockchain ICO was announced last week after launching minimum viable products and ongoing pilot projects with several institutions. The utility coin XDCE offering enters its second week.
XinFin, the first of its kind Hybrid blockchain platform is entering into the second week of its ICO for its utility coin, XDCE. XDCE is an ERC-20 token that is also 1:1 swappable with the XDC that has utility in hosting masternodes as well as to be used on tradefinex.org platform for Global Trade and Finance beta platform.
Karan Bharadwaj, CTO of XinFin, explained:
