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Ripple’s Xpring Releases Technology To Bring XRP To The Internet

Reported by Forbes, “Riding the wave of new technological advancement, multiple companies, such as Amazon Web Services (AWS) and Oracle, have developed platforms with ready-made blockchain frameworks, making it easier for interested parties to adopt the technology for various use cases. One of the top companies in the cryptocurrency and blockchain space, Ripple, launched a […]

By Chris Sykora · October 2, 2019
Ripple’s Xpring Releases Technology To Bring XRP To The Internet

Reported by Forbes, “Riding the wave of new technological advancement, multiple companies, such as Amazon Web Services (AWS) and Oracle, have developed platforms with ready-made blockchain frameworks, making it easier for interested parties to adopt the technology for various use cases. One of the top companies in the cryptocurrency and blockchain space, Ripple, launched a similar platform for blockchain development in the area of money transfer through its investment and partnership arm, Xpring.

“’It’s designed to remove the pain and the messiness of integrating money into apps,’ Xpring senior vice president Ethan Beard said to me in an interview, regarding the “Xpring Platform for developers” launched on October 2. Money in this case simply refers to the transfer of value, which can come in the form of fiat currencies such as U.S. dollars, cryptocurrencies such as ethereum, etc., Beard noted.

“Many businesses across the globe have taken steps to incorporate blockchain technology for various use cases. Companies such as AWS and Oracle have come to the forefront as pick and shovel players looking to help simplify the process of blockchain adoption for these businesses. Ripple’s Xpring looks to provide a similar offering that is dialed into value transfer solutions, ‘kind of like an AWS for money,’ Beard said.”

Continue to read the full story at Forbes.

 

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