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Ripple (XRP) is a decentralized real-time gross settlement system (RTGS), remittance network, and currency exchange. It was created as a distributed open source protocol by Ripple Labs Inc., a US-based technology firm. Ripple (XRP) was initially derived from RipplePay, back in 2004, a platform that had plans to grow into the current Ripple services, long before Bitcoin had emerged. It was rebranded and co-founded by Jed McCaleb, a prominent industry figure who later founded Stellar Lumens, another...

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Lodex, Australia’s first auction-style loans and deposits marketplace leader, today announced it has secured capital investment from Lakeba Group, an established Australian technology innovator. Lodex is a commercial technology partner of the Lakeba Group, which is providing blockchain development for the BLOCKLOAN platform announced earlier this year in August. Following accelerated progress of the blockchain project, Lakeba has made an investment in Lodex, becoming a 10% capital equity partner in a bid to galvanise its...