David Schwartz, director of Ripple (CTO) technology technology commented on the raise in XRP LDGE (XRPL) and what can happen for the network. . Ripple cto The statement caught fire in connection with the key update to XRPL, which would raise its usability.
Ripple Cto Comments on XRP Ledger evolution
IN interviewRipple Cto commented on how far the XRP Book has come because the network is still witnessing increased activity. David Schwartz He then stated that institutional players catalyze another wave of mass adoption on the web. He claimed that this would happen through the tokenization of assets in the real world.
The Book of XRP also becomes home to these tokenized resources. Ondo Finance recently launched His tokenized American tax fund on the web. Meanwhile, last month Dubai Earth Department (DLD) chose XRPL, to pilot the tokenized real estate initiative in cooperation with Ctrl Alt.
Ripple Cto was also mentioned in an interview that the most invigorating projects are financial services that ordinary people need. This includes toketenized loans, payment services and investment products. He is also convinced that this is what Ledger XRP needs to take part of the time-honored finance market from many trillions (Tradfi).
Schwartz then returned to tokenized assets in the real world as one of the things that must be supported to enable Book of XRP be a witness of mass adoption. He also pointed out that they must key ideas, such as fractional ownership and loan portfolios.
It is worth noting Ripple has already explained this that he intends to build tools and services for tokenization of assets. The cryptographic company believes that assets in the real world (RWA) can become a $ 30 trillion market by 2030 and wants to exploit it before it takes off massively.
XRPL version 2.5.0 is available
IN Blog postXRP Ledger announced that version 2.5.0 “RIPPLED”, implementation of the reference server Network protocolIt is now available. This update version adds recent functions and error corrections and introduces changes to several areas. This includes the functions of tokenescrow, party, dopalddex, amm and execution.
Meanwhile, recent functions Take into account the capacity of the We/O network network for handling higher transaction loads. There is also an improved logic of the transaction relay in the Book of XRP and the code reviewers for RPC changes have been updated.
Commenting on the recent version of XRPL, Ripple Developer Mayukha Vadari said That this is probably the best single series of corrections that the network had in one edition. Ripple CEO Brad Garlinghouse also confirmed Huge progress was made thanks to this Ledger XRP update and praised the band in the latest version.
At the time of writing this text, the price of XRP is around USD 2.19, according to the last 24 hours, according to data with coinmarketcap.
A distinguished picture from Getty Images, chart from TradingView.com
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