Ripple to Work with Saudi Arabia’s Central Bank

Saudi Central Bank provides sandbox for banks to try out Ripple technology  
14 February 2018   447

Together with the Saudi Arabian Monetary Authority (SAMA), Ripple is going to create a pilot programme to enable local banks to deploy xCurrent for cross-border payments.

This pilot programme will provide interested Saudi banks with program management and training. it is the first of its kind to be launched by a central bank.

According to Dilip Rao, global head of infrastructure innovation at Ripple, central banks all over the world are interested in blockchain technology in order to understand how it can transform cross-border payments. It will result in lower barriers for both corporations and consumers.

SAMA will provide resources to domestic banks that want to enable instant payments using Ripple’s innovative blockchain solution. It has the potential to revolutionise cross-border payments, making it cheaper and more transparent. SAMA will be the second central bank to use blockchain technology to revolutionize payments.

Dow Jones' MarketWatch to Track Additional 8 Cryptos

Now it also shows data on  Ethereum, Ripple, Bitcoin Cash, Litecoin, Ethereum Classic, Monero, Dash and Zcash
25 April 2018   95

MarketWatch, the news department of the Dow Jones Media Group begun to track the market movements of eight new cryptocurrencies. This is reported by Coindesk.

The MarketWatch website tracks the bitcoin price from 2014, but from now on, users will also be offered data on Ethereum, Ripple, Bitcoin Cash, Litecoin, Ethereum Classic, Monero, Dash and Zcash.

The new service will publish real-time quotations of these coins against the US dollar and the euro, as well as historical trends in the price movement, using the data from the Kraken crypto exchange.

It's no doubt that our readers, as the world's savviest investors, have an eye on digital currency and we're happy to be expanding our real-time tracking of a total of 9 cryptocurrencies in both Euro's and USD, with Kraken's help.
 

Dan Shar

General Manager, MarketWatch

Last week, the financial news agency Dow Jones Media Group announced a partnership with the Brave startup. Within its framework, DJMG will test the possibilities of a blockbuster-developed platform for online advertising developed by a start-up, and will provide access to premium content of Barron's MarketWatch publications to about 2 million users of the Brave browser.