- Ripple’s new XRP developer platform lets third parties build new products on the Blockchain
- Ripple Continues To Make Waves Across The Industry
Ripple has taken its services to the next level in a bid to make life easier for coders. This year saw Ripple making it a lot easier for third-party coders to send/receive payments through its new Xpring Developer Platform which the company has decided to call the ‘open developer platform for money.’
Smartereum.com reported that the platform would give developers the privilege of building new products on the XRP Ledger using the Interledger Protocol (ILP) as a bridge to connect with any currency, fiat or blockchain. It’s a tremendous improvement on what was obtainable before now.
This move was made by Ripple because they discovered that in the 21sy century, payments are broken hence, it takes days for a payment to arrive and operate in the maze of networks. Ripple believes that this situation is so because the traditional payment systems were not built to meet the demands of the 21st-century business and consumer needs. People want fast, reliable and convenient payments and these traditional systems cannot achieve that. Having made this point known, the company believes that there has to be a change and the internet is the key to unlocking new paths of economic growth via the digitization of money.
According to Ripple, the Xpring SDK will provide developers with the necessary tools and technology required to transfer money across myriads of industries m, ranging from banking and financial services to micropayments, gaming, and other website monetization systems.
Ripple Continues To Make Waves Across The Industry
In March this year, Ripple’s Xpring and blockchain gaming startup Forte raised a $100m fund. This fund was aimed at supporting game developers. This is one of the largest funds ever to be raised specifically for the gaming industry.
In its effort to enforce the presence of Blockchain technology, Ripple in August announced the expansion of the University Blockchain Research Initiative’s (UBRI). This expansion saw the addition of new partners like Kyoto University and the University of Tokyo. This means that the UBRI enterprise now partners with 33 universities in the areas of academic research, technical development, and innovation in blockchain technology, cryptocurrency, and digital transactions.
XRP (XRP) Price Today – XRP / USD
There is so much going on in the Blockchain industry and Ripple has decided to be very involved. If you want to know more, you can attend the Blockchain Expo World Series. There will also be events in Europe, North America and other parts of the world.