What is Ripple? (Ripple CTO)

Ripple is a blockchain technology provider and was established on April 28, 201

What is Ripple? (Ripple CTO)

Ripple is a blockchain technology provider and was established on April 28, 2015. As a leading global payment system and information security enterprise, Ripple’s total market value has exceeded $7 billion since 2019, including cryptocurrencies such as XRP. It has made significant progress in digital assets, such as surpassing one million transactions on the Bitcoin network. Ripple enables cross-border remittances through smart contracts. Additionally, due to its main operations in Asia and the United States, cooperation with RippleNet is crucial.

Ripple CTO

According to CryptoGlobe, Ripple recently announced the launch of its new service called “ctoXRP.” Ripple utilizes xRapid and Ripple’s zk-rollup technology in Cito, allowing digital assets to be traded without intermediaries. Furthermore, Ripple will provide customers with a blockchain platform called “R3,” which allows users to convert their digital currencies into other cryptocurrencies. It has been reported that R3 has collaborated with Ripple to create a new payment system based on zero-knowledge proof technology to support digital value transfer.

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