• Ripple Claims Early Victory in Court Fight With Blockchain Rival R3

    10 days ago - By Fortune

    Ripple, a company that supplies blockchain technology to banks, announced on Friday it won an important court ruling in a fight over who can keep millions of dollars worth of the digital currency known as XRP.
    The ruling comes in a dispute between Ripple and R3 , a startup backed by a consortium of banks that is also vying to build blockchain tools-which create a tamper-proof record of transactions-to improve money transfers.
    R3 sued Ripple in July, claiming its rival had reneged on an agreement in which R3 could exercise options until 2019 to purchase up to 5 billion XRPs at a price of...
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