Ripple has added another feather to its hat, as TATA Consultancy Services (TCS), which is India’s largest IT firm, has revealed it’s now using RippleNet for remittance payments.
With the integration of RippleNet into its operations, TCS will now be able to facilitate superfast, cost-efficient and transparent cross-border payments.
The TCS team has revealed that its Quartz solution will enable financial institutions to seamlessly process cross-border foreign exchange remittances with distributed ledger technology (DLT).
Now, onto the second news item for today! Coinme’s partnership with Coinstar is beginning to yield excellent results, as 90 percent of U.S. residents can now buy bitcoin (BTC) in cash-enabled kiosks scattered all around the country.
Coinme runs a Bitcoin ATM business and it also has a “private client group” whose primary function is to advise people on how to invest in bitcoin. Coinstar, on the other hand, is a platform that allows users to turn their coins into cash. The Coinme-Coinstar partnership is massively boosting broader adoption of bitcoin (BTC), making it easier for even crypto newbies to trade their fiat for king bitcoin!
“People are using our services to solve everyday problems. Yes people are buying bitcoin as an investment, or as a store of value, or just for speculation, but they’re also doing remittances and payments,” said CEO of Coinme, Neil Bergquist.
As seen on CoinMarketCap, we’ve got a mixture of greens and reds on the market. Bitcoin (BTC) has increased by 0.72 percent. Ether (ETH) still maintains its “second in command” status, with an increase of 1.01 percent. Ripple’s XRP maintains the number three position, and it’s currently losing by 1.63 percent.
Now, if I scroll down to the top 20, TRON has increased by 6.39 percent. Maker has decreased by 7.03 percent, but what do we have here, Ethereum Classic has decreased by 4.35 percent!
So what are your thoughts on this situation?
Are you confident about Ripple’s progress? Do you think that RippleNet has true value to
add in the future? And what are your thoughts about the Coinme and Coinstar partnership?
Will it usher in more investors into the nascent world of bitcoin?
Let me know what you guys think below. If you liked the content please subscribe and watch our latest videos. It’s Cindy with CryptoPig, Catch you guys around!
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