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Ripple Is Expecting Offers from the US Banking Sector
Representatives of Ripple have no doubt that after the court decision not to consider XRP tokens as securities, American banks will begin cooperation contacts in the segment of cross-border payments.
First of all, demand is expected for the On-Demand Liquidity platform which is used for cross-border payments. And according to the words of the Ripple's chief lawyer the first contracts are expected to conclude this quarter.
In addition, the company has blockchain developments that seem to experts to be an alternative to the Swift platform.
However, the question arises: how the legal entities will cooperate with Ripple if the judge’s decision clearly states that about $728.9 million of XRP sales to legal entities did qualify as securities. That is, when coins are bought by a private individual the XRP token is not a security, but when they are sold to a legal entity “everything is not so clear”.
After the start of litigation with the SEC in 2020 most of the business migrated from the US to other jurisdictions, now everything can change, especially since about half of the 750 employees work under US jurisdiction.
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Invest in blockchain-based apps - the present and future of technology

The need for blockchain based-apps in the market has increased rapidly in the past few years. Many app development companies have started providing apps with this secure technology by putting their best blockchain developers to work. Experts state that in a few years, the world will revolve around blockchain technology. You can also develop a blockchain-infused application with the best company if required. It will help you provide a secure and best-in-class experience to your users. This blog will help you understand how a blockchain works:
Once you build an application, the transactions that take place are sent to all the nodes available in the blockchain.
Every node available will accommodate the new transaction securely.
It will then identify the hash(a string of random letters and numbers) of the transaction for authentication purposes.
The hash assigned will also be relatable to the previous transactions stored.
Any changes in the transaction will generate a completely new hash immediately.
Nodes will check the hash to know if a transaction has been modified.
Once the majority of the nodes approve the transaction, it reaches a block. A set of blocks will together form the blockchain.
The blockchain can be stored on each computer or node required. It will be automatically updated every 10 minutes.
This workflow will enable any business owner to store their transactions quickly and securely. Though it is stored on many computers, it will face no threats or other security issues.
Wrapping up:
Blockchain is the future of several industries. So, invest in building a block-chain based app now to rule the market in the future. With the best blockchain app development company, you can succeed in the market instantly.
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Are you searching for an OTC exchange development company? || Blockchain Firm helps you build a reliable and highly customizable exchange software with advanced features. Share your requirements for crypto exchange development by clicking the link: https://www.blockchainfirm.io/blockchain-exchange-development-company
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We are hiring for Blockchain Developer Interested candidate, please share your updated cv at [email protected] #Blockchain_Developer #Experience_Required: 1 to 3 years #Skills: Solidity Why #Webllisto_Technologies #5_Days_Working #Flexible_Timing #cv #Friendly_Environment #share #environment #blockchain #Best_Hike_On_Current #developer #hiring #experience (at Mumbai, Maharashtra) https://www.instagram.com/p/CX-1nTSl8f1/?utm_medium=tumblr
#blockchain_developer#experience_required#skills#webllisto_technologies#5_days_working#flexible_timing#cv#friendly_environment#share#environment#blockchain#best_hike_on_current#developer#hiring#experience
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Are you looking for Token Development Services? If yes, your search ends here! RWaltz offers efficient token development to its clientele across the world. Take a look at the services offered by RWaltz.
https://www.rwaltz.com/services/token-development
#TokenDevelopment#Crypto_Tokens#Tokenomics#Developer#Blockchain_Developer#Best_Token_Developer#EthereumBasedtoken
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Deploy Your First Smart Contract on Loom Network Using Remix
Introduction to Loom Network:
Loom Network is a platform to help the Ethereum scale. Loom Network provides a Layer 2 solution that uses Ethereum as it’s the base layer. Using Ethereum as a base layer means base chain assets like ERC20 & ERC721 tokens can have security guarantees of the Ethereum.
The loom is the perfect solution for building scalable applications with almost no transaction cost and very less amount of time for transaction confirmation.
If you don’t know more about the Loom Network and are curious to know, then you can check this handy guide where you can get more ideas about the Loom Network.
Without wasting time, let’s go through the process of deploying smart contracts on the Loom Basechain.
How to Deploy Smart Contract on Loom Chain:
It’s easy to deploy smart contracts on the loom.
Steps to deploy Smart Contract on Loom:
Integrate Remix with Loom
Writing your Smart Contract
Deploy Smart Contract on Loom from Remix IDE.
It’s that simple! Isn’t it?
Step 1: Integrate Remix IDE with Loom
To integrate Remix with loom it requires services that proxies JSON RPC call to Loom. For that, Loom had built a small JSON RPC Proxy. So, here we will install and configure it with the Remix IDE to deploy our smart contract on Loom.
Prerequisites to install JSON RPC Proxy:
Node.js 10 or higher(recommended v10.15.3)
Yarn
Git client
1. Clone the JSON RPC Proxy repository:
Open a terminal, cd into your project directory and execute below command:
git clone https://github.com/loomnetwork/loom-provider-json-rpc-proxy
2. Install Dependencies and Build the Proxy:
For that run below command,
cd loom-provider-json-rpc-proxy/ && yarn install && yarn build
3. Configure the Proxy:
You need to configure a proxy to connect to Loom Testnet or Loom Basechain. For that, you need to set the following environment variables,PORT: port on which proxy listens for incoming requests. The default port is 8080. CHAIN_ID: Network Id you want to connect to. default for Mainnet & extdev-plasma-us1 for Testnet. By default, it will connect to Loom Mainnet. CHAIN_ENDPOINT: the address of the endpoint. The default value is wss://plasma.dappchains.com.Run below command to run proxy against Loom Testnet.
PORT=8545 CHAIN_ENDPOINT="wss://extdev-plasma-us1.dappchains.com" CHAIN_ID="extdev-plasma-us1" node .
Run below command to run proxy against Loom Basechain. Make sure deploying smart contracts on Loom Mainnet isn’t free. To deploy a smart contract on Loom Mainnet you need to whitelist your address, which will cost you around 1400 Loom per year ATM.
node .
Step 2: Writing your Smart Contract
Here is our Smart Contract example. It is a very simple smart contract that stores string messages and retrieve it from smart contracts. This is just for demo purposes. You can also use your smart contract code.
pragma solidity ^0.4.25;
contract HelloWorld {
// Define variable message of type string
string message;
// Write function to change the value of variable message
function postMessage(string value) public {
message = value;
}
// Read function to fetch variable message
function getMessage() public view returns (string){
return message;
}
}
Step 3: Deploy Smart Contract on Loom
First of all, we need to configure Remix to use Loom JSON RPC Proxy. For that open Remix Editor. Click on the Run menu and then select the Environment as Web3 Provider.
Now you are good to deploy our solidity Smart Contract to Loom Network. Paste below smart contract code into Remix. Select the appropriate compiler version and compile a smart contract by clicking the Compile button.
After compiling a smart contract you can deploy your smart contract by just clicking the Deploy button.
Conclusion:
Cheers. You just deployed your first smart contract code on the Loom network. I hope from now onwards you can deploy smart contracts on the Loom Network. If you have any confusion feel free to comment below.
Stay tuned with Yudiz Solutions!
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In today’s world, blockchain is one of the most trending topics. Still, a lot of business administrators are not yet aware of how blockchain development technology can transform their business to drive greater success and achievements.
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ICO & Blockchain Software Development Services
Our blockchain development team are experienced analysts skill, we can help entrepreneurs and individuals to create completely new Blockchain network and design new bitcoin-related concepts such as cryptocurrency, ico, erc20, exchange, mobile wallets etc.,

Blockchain crypto app factory specializes in providing high-end solutions for Blockchain and Cryptocurrencies. Titanium ICO development has vast experience in building and reviewing security applications, a deep understanding of the Blockchain_technology, and comprehensive knowledge of the cryptocurrency world.
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Finding work in Blockchain Space
As Blockchain technology is evolving while infiltrating various sectors to optimise business processes, the career prospects in the Blockchain sphere are excellent. Demand for certified individuals in Blockchain has continued to grow exponentially. The Blockchain related skills are second...
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Check Full Story here >> RecordsKeeper
#Blockchain#blockchain developer#blockchain expert#blockchain jobs#blockchain technology#hackathon#recrordskeeper#what is blockchain#Support
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Let’s discover what DEX is and what makes P2P trading possible in a DEX || These platforms didn't take off because of the liquidity issues until decentralized financial services and AMM technology-enabled DEXs were developed. || Click the link to know more: https://bit.ly/3VZcMiD
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