The second largest bank in America, Bank of America, has recently filed for a patent for a settlement system with one of the sections citing refunded Ripple settlement.
The new system is described as a system that would enable real-time settlement through the use of a decentralized distributed ledger technology (DLT).
The project will leverage DLT and is primarily aimed to cater to institutional accounts as an interbank communications tools.
XRP is one of the few cryptocurrency project that has landed several institutional financial partnership in the past purportedly being able to partner with more than 200 finance companies worldwide due to its more pragmatic approach when dealing with traditional finance.
Headlines for the world of Cryptocurrencies - July 21, 2019
- Fiat Still The Leading Currency For Money Launderers
- Bitcoin Network 8 Times More Powerful
- SWIFT’s New System Comparable To Ripple Network
- Binance Launchpad declares Tron-based WINk IEO
- Bulgaria’s Bitcoin Supply Value Now Surpasses Their Gold Reserves Value
Headlines for the world of Cryptocurrencies - July 20, 2019
- Bitcoin Protected By Chinese Property Laws
- The Most Volatile Hour For Bitcoin
- Bitcoin Gains Supporters In Capitol Hills
- Indian Government Sheds Some Light On Crypto Regulations
- Binance Jersey List Its Own Stablecoin Backed By GBP
Headlines for the world of Cryptocurrencies - July 19, 2019
- Power Lunch With Warren Buffet And Justin Tron Adds Circle CEO Jeremy Allaire
- Libra Receives Support From Mother Of Blockchain
- Co-Founder Of Apple Co-Founding Blockchain-Based Energy Savings Firm
- LibertyX Expanding Its Bitcoin ATM Business
- Chinese Internet Users Interested With Facebook’s Libra
