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In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Money Tap

Cryptocurrency

Is Ripple integrating with Apple Pay?

Widely-used solutions like Apple Pay cannot work with cryptocurrencies because the sheer volume of payments that would generate would crash the altcoin system. Or worse payments might take hours to process, which enrage customers.

It sounds as if Ripple might have partially solved the blockchain scalability problem. One way it may have done is to provide a direct connection with bank accounts. The Ripple Team is planning to roll out Money App, a smartphone tap, designed to connect Ripple and bank accounts in Japan this fall.

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Cryptocurrency

61 Japanese Banks plan to Offer Ripple Mobile App

Money Tap will use a QR (quick read) code to communicate with cash registers and automatic teller machines (ATMs), PYMNTs.com reported. Theoretically, Money Tap would allow individuals to make brick and mortar purchases with Ripple; move Ripple funds into bank accounts, convert Ripple funds into cash and withdraw it from ATMs or cash registers, and make cash deposits through ATMs that can be converted into Ripple.

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