Ubisoft May Soon Implement Crypto!!! + Ripple XRP Giveaway
Today we have three spectacular news items to go through, so let me share them with you right now.
First up, a Giant Korean Bank may actually dive into cryptocurrencies, and this could really catalyze the Bitcoin rally. Next up, we have Ubisoft. They are reportedly developing Ethereum in-game items and blockchain games. And finally, for the last news item, we have Ripple setting up a branch in Brazil now, ready to continue with its Latin America rollout.
I told you guys, there would be heaps of interesting and exciting news for today, but if you want to hear all about it, please make sure you stick right until the very end. I also want to announce the giveaway we have going on for this week. Now if you simply, like, comment and subscribe, you can go into the draw to win $70 worth of Ripple’s XRP tokens! We will be announcing who the winner is this Saturday, by drawing a video from this week and then drawing the winner from the video.
The Market Today
Now guys, let’s move on and have a look at the market. As you can see, it’s overall, a pretty green market today. We have Bitcoin increasing by 0.48%, Ethereum’s Ether by 1.35% and Ripple’s XRP falling by 0.08%. Now, if we move to our top 20, we see a similar trend here. A mix of both greens and some reds and overall no major dips or highs.
Giant Korean Bank Keen To Jump Into The Crypto World
Let’s look at the news! First up, we have a Giant Korean Bank that may be keen to jump into the crypto world, and how this move could really catalyze the Bitcoin Rally. Now according to Ethereum World News, the giant bank is KB Kookmin, South Korea’s largest Bank. A report from its Korea branch noted that the financial institution and Atomrigs Consulting, a local blockchain startup signed an agreement on June 10th.
So what is the agreement about? Looks like Atomrigs’ research and development sector are developing Lime. Lime is a system that protects and secures digital assets. These include cryptocurrencies using secure MPC technology. The South Korean Bank Kookmin has agreed to partner with Atomrigs and combine LIme and its experience storing and managing both traditional and digital assets. While the report didn’t specifically mention the type of cryptocurrency, so we’re unsure whether it’s Bitcoin, Ethereum, or other cryptocurrencies, the Korean population is very fond of cryptocurrencies.
Is it a service directed to institutions or consumers? We’re unsure. However, we’re glad to see more pro-adoption news coming South Korea’s way. But it looks like this is not the only pro-crypto news in South Korea lately. Samsung has also launched its native crypto wallet for the Galaxy S10 and is keen to expand crypto support for other models in the future. They are also working on blockchain identity services and their own digital asset that will operate on the Ethereum blockchain network.
Ubisoft looking to Develop Ethereum in-game items
Net up. We have Ubisoft and how they are looking to develop Ethereum in-game items and blockchain games. According to Cryptoslate, it looks like Ubisoft is keen to enter the world of blockchain gaming. Known as the creators of Assassin’s Creed, Far Cry, and Just Dance, Ubisoft is apparently in the advanced stages of creating a blockchain-based marketplace for in-games. This includes allowing users to purchase in-game commodities through the blockchain network and cryptocurrency assets like the Ethereum token.
A report noted that:
The idea is to give a digital existence on the blockchain to the items (accessories) available in video games; content that publishers monetize. Ubisoft is considering working on the blockchain Ethereum, which allows us to operate this kind of operation.
It’s really cool to see a major player in the gaming market look to blockchain technology, While the idea of integrating an Ethereum blockchain marketplace for in-game purchases isn’t new, Ubisoft is one of the larger gaming giants so I believe they could really catalyze and innovate the space.
Anne Puck, the Blockchain initiative associate manager, mentioned that:
At Ubisoft, we think it’s crucial to be part of pioneering the ways players can benefit from what blockchain has to offer. We think that blockchain has the potential to transform the gaming experience and even maybe to empower players as true stakeholders in their worlds. That’s why our job is to accelerate the integration of blockchain at Ubisoft with this initiative.”
Ripple Sets Up a Branch in Brazil to Continue their Latin America Rollout
And finally, the last news item for today. It looks like Ripple is expanding once again, as they set up a branch in Brazil and plan to continue with their Latin America Rollout. According to U Today, it looks like the Ripple platform, the company behind the XRP token, will be launching the office between June 11 and June 13 at the CIAB Febraban event in Sao Paulo. Ripple new branch will be run by Luiz Sacco, the previous chief executive Officer of the local office of the Warranty Group. Sacco worked for Ripple this year. He noted that Ripple is keen to find more clients to join RippleNet. The goal of the Brazil branch is to not only onboard banks and financial institutions located in Brazil, but all of Latin America as well.
This is not the first time Ripple has opened new offices and is expanding quite aggressively. For RippleNet, they already have 200 clients around the world who are currently testing XRP tor transnational payments. In addition to the new branch, Ripple is also keen to provide seminars and training programs with Brazilian Universities as well.
So guys, what do you think of the situation?
Are you guys excited to see a giant South Korean bank potentially jumping into crypto?
What about Ubisoft’s move to enter the gaming crypto world?
And finally, do you think Ripple’s growth will make XRP prices explode in the future?
Let me know what you guys think!
And once again, please make sure you like, comment, and subscribe, to go in the draw to win $70 worth of Ripple’s XRP tokens.
Join us at our Telegram group and follow us on Youtube and Twitter.
Disclaimer: Cryptopig content is written by a team of blockchain passionate people. We are not registered as investment advisors. Don’t take the information in this post as investment advice and make sure you do your own research before investing. Cryptocurrencies are a very risky investment, never invest more money than you can afford to lose.