Ngrave Onboards Crypto OGs As Advisors

Crypto security firm Ngrave has hired pioneering cryptographer Jean-Jacques Quisquater and crypto investor Michael Terpin.

Ngrave Onboards Crypto OGs As Advisors

Digital asset security firm, Ngrave, announced two new advisors in May so far — Michael Terpin, a pioneering crypto investor who co-founded BitAngels in 2013, and renowned cryptographer Jean-Jacques Quisquater, who is quoted in the Bitcoin (BTC) whitepaper.

The appointments come ahead of Ngrave’s launch of sales for its Zero hardware wallet — which goes on sale via Indiegogo on May 26.

Pioneering crypto investor Michael Terpin joins Ngrave

On May 15, Ngrave revealed its appointment of Michael Terpin, announcing that he would be tasked with advising the firm on “public relations and business strategy.”

“Security is one of the major roadblocks to mainstream crypto adoption,” said Terpin. “I’m happy to lend my guidance to Ngrave as they launch the world’s most secure crypto hardware wallet,” he added.

After co-founding the first angel network for digital currency startups in BitAngel, Terpin moved on to become the founder and CEO of crypto investor events company, CoinAgenda, and blockchain public relations firm, Transform Group.

Ngrave snags renowned cryptographer as advisor

On May 13, Ngrave announced a new advisor in Jean-Jacques Quisquater, a famed cryptographer whose 1999 paper “Design of a secure timestamping service with minimal trust requirements” is cited in the Bitcoin Whitepaper. Quisquater will advise Ngrave on cryptographic security protocols.

“While cryptography has been studied for decades, the world is just starting to see it’s true potential as it’s applied to cryptocurrencies,” said Quisquater. “Companies like NGRAVE will provide the security mechanisms needed to make true adoption a reality.’

SBI Holdings plans to integrate Ripple-powered settlement across Japanese ATMs.

Ripple partner and investor, SBI Holdings, announced plans to integrate Ripple-powered settlements across ATMs in Japan.

The news was revealed in SBI’s latest financial report, announcing a plan to integrate the Ripple-powered settlements platform MoneyTap with ATMs run by various banks across Japan.

The integration is intended to provide consumers with easier access to funds at ATMs regardless of their banking affiliation.

SBI to integrate Ripple tech across Japanese ATMs

SBI claims that integrating MoneyTap will also allow banks to reduce the costs incurred through operating an ATMs, stating:

“Currently, each bank has an ATM with its own bank app, but with a common web app, the same ATM may be used as its own jointly operated multi-bank ATM.”

MoneyTap launched in October 2019 on iOS and Android, facilitating instant money transfers via QR Code or phone number.

During September 2019, SBI chief executive and Ripple board member Yoshitaka Kitao stated that the firm was planning to utilize XRP for remittance in the future.

Sygnum Bank adds XRP support

In other news regarding Ripple adoption, self-described digital asset bank Sygnum has launched support for XRP trading, custody, and credit services.

Sygnum co-founder, Mathias Imbach, stated that he has been impressed by Ripple’s global traction — emphasizing that more than 300 financial institutions have joined the RippleNet payments network.

“The company’s XRP-based solutions address the pain points of the fast growing USD 700 billion global remittance market,” added Imbach.

Despite Ripple gaining payment market share, XRP has ranked among the weakest performing crypto assets year-to-date among the top ten by capitalization.

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