Telindus is proud to announce its integration into the Ripple network consisting of many distributed servers, called Trusted Validator Nodes, which accept and process transactions. This way, a worldwide shared ledger – called XRP Ledger – is implemented, facilitating cross-border settlement for Financial Institutions with XRP as the native digital asset.

Client applications sign and send transactions to the Ripple network for processing. Examples of client applications include mobile and web wallets, gateways to financial institutions, and electronic trading platforms.

Telindus being an integrator, cloud and telecom operator as well as a Digital Finance Solution provider, has set up and is operating the Ripple Validator node within its cloud. Thereby Telindus enables Trusted Validator Nodes that contribute to the consensus process facilitating the real-time settlement of transactions between Financial Institutions on the RCL network.

[toggle title =”About”] Telindus

Telindus powered by Tango is one of the leaders in converged ICT and telecom services in Luxembourg and provides global solutions to businesses and public administrations. Its areas of expertise include fixed and mobile telecommunications, ICT infrastructures, cloud, security as well as Digital Finance Solutions. Telindus has become “Telindus powered by Tango” to offer increasingly innovative solutions to its customers and enhance their daily relations, while simplifying them.

In support of its customers to assist them in their digital transformation at their own pace, Telindus deploys a broad range of innovative and managed services that meet the specific needs of each of them for a sustainable development of their activities. Telindus generates value-creating solutions and pays particular attention to their return on investment. The Digital Finance Solutions team designs Digital Solutions for the Financial Sector that improve productivity and quality while ensuring compliance with regulatory frameworks and also enhancing the user experience.

About Ripple

Ripple provides global financial settlement solutions to enable the world to exchange value like it already exchanges information – giving rise to an Internet of Value (IoV). Ripple solutions lower the total cost of settlement by enabling banks to transact directly, instantly and with certainty of settlement. Banks around the world are partnering with Ripple to improve their cross-border payment offerings, and to join the growing, global network of financial institutions and market makers laying the foundation for the Internet of Value.

Ripple is a venture-backed startup with offices in San Francisco, New York, London, Luxembourg and Sydney. As an industry advocate for the Internet of Value, Ripple sits on the Federal Reserve’s Faster Payments Task Force Steering Committee and co-chairs the W3C’s Web Payments Working Group. [/toggle]