• Latest
Ripple’s Asheesh Birla – Unlike XRP token, Bitcoin and Ethereum Weren’t built for payments

Ripple’s Asheesh Birla – Unlike XRP token, Bitcoin and Ethereum Weren’t built for payments

October 25, 2019
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ripple

Ripple’s Asheesh Birla – Unlike XRP token, Bitcoin and Ethereum Weren’t built for payments

coinnewsdaily by coinnewsdaily
October 25, 2019
in Ripple
0
Ripple’s Asheesh Birla – Unlike XRP token, Bitcoin and Ethereum Weren’t built for payments
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case

Ripple claims ‘a very big win’ in SEC case

April 19, 2022

In a recent interview with Seeking Alpha, Ripple’s SVP of Products, Asheesh Birla discussed various attributes concerning Ripple, its native token and the issues it is currently facing.

The senior vice president of Ripple, Asheesh Birla elaborated the vision that Ripple exists with. As per the report, Birla is a former VP of Global Technology a Thomson Reuter and he joined Ripple back in 2013. Birla said that Ripple has been working to improve the payment industry by enhancing the reach of its blockchain-based payment products. So far, the giant has successfully entered into a partnership with various banking giants and financial entities.

Birla emphasized why XRP exists and said unlike the leading cryptocurrencies, Bitcoin and Ethereum, Ripple is built for payment. However, he also elaborated that Bitcoin, as well as Ethereum, weren’t built for payment, instead, it works more like a store of value or for executing smart contracts. Explaining about the third-largest cryptocurrency, XRP, Birla said;

XRP is a digital asset built specifically for payments designed to be quicker, less costly, and more scalable than any other payment infrastructure today.

The relation between XRP and Ripple has been the key concern of the crypto community – while former is the decentralized cryptocurrency runs on XRPL ledger, latter is a parent company that often promotes its blockchain products such as RippleNet, xRapid, xCurrent and many other.

Ripple

XRP is a digital asset built for payments. Ripple is a software company that exists independent of XRP, Birla explained. XRP is open-source and decentralized, meaning that Ripple can’t control who builds on the XRP Ledger, lists XRP or govern (reverse) XRP transactions.

To increase the XRP ecosystem, Birla asserts that Ripple has invested in wide-ranging blockchain projects including Bolt Labs, Securitize, Coil, Forte, and many others. According to him, the investment arm of Ripple, Xpring has invested $500 million in blockchain companies so far. In his interview, he also spoke about the new XRP developer platform and uttered it is strengthening the XRP ecosystem by welcoming new market players including Bitpay, BRD Wallet, Anchorage, and chainalysis.

Image Source – Fortune

Credit: Source link

Tags: Ripple
Share76Tweet48
Previous Post

Crypto Capital President Arrested by Polish Authorities Latest Ripple (XRP) News & Price Analysis

Next Post

President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

price analysis 4/20: btc, eth, bnb, xrp, sol, ada, luna, avax, doge, dot
Alt Coin

Price analysis 4/20: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, AVAX, DOGE, DOT

April 21, 2022
ripple claims ‘a very big win’ in sec case
Ripple

Ripple claims ‘a very big win’ in SEC case

April 19, 2022
ripple’s case: how will it affect xrp’s 2022 price?
Ripple

Ripple case: How will it affect XRP 2022 price?

April 17, 2022
price analysis 4/11: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/11: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 11, 2022
price analysis 4/6: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/6: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 7, 2022
price analysis 4/4: btc, eth, bnb, sol, xrp, ada, luna, avax, dot, doge
Bitcoin

Price analysis 4/4: BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

April 4, 2022
Load More
Next Post
President Xi Says China Should ‘Seize Opportunity’ to Adopt Blockchain

President Xi Says China Should 'Seize Opportunity' to Adopt Blockchain

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$24,171.000.15%
  • ethereumEthereum(ETH)$1,918.331.81%
  • tetherTether(USDT)$1.000.03%
  • binancecoinBNB(BNB)$324.64-0.35%
  • rippleXRP(XRP)$0.376240-0.83%
  • cardanoCardano(ADA)$0.540.67%
  • SolanaSolana(SOL)$43.821.46%
  • polkadotPolkadot(DOT)$9.411.54%
  • dogecoinDogecoin(DOGE)$0.0718450.82%
  • Shiba InuShiba Inu(SHIB)$0.0000131.70%
  • matic-networkPolygon(MATIC)$0.930.16%
  • daiDai(DAI)$1.000.07%
  • tronTRON(TRX)$0.070258-0.36%
  • ethereum-classicEthereum Classic(ETC)$42.89-2.52%
  • OKBOKB(OKB)$21.4113.49%
  • litecoinLitecoin(LTC)$62.28-0.09%
  • leo-tokenLEO Token(LEO)$4.761.22%
  • chainlinkChainlink(LINK)$9.232.04%
  • FTXFTX(FTT)$30.84-1.21%
  • CronosCronos(CRO)$0.1533931.13%
  • cosmosCosmos Hub(ATOM)$11.85-0.35%
  • stellarStellar(XLM)$0.1255670.05%
  • moneroMonero(XMR)$166.273.97%
  • bitcoin-cashBitcoin Cash(BCH)$142.11-1.75%
  • algorandAlgorand(ALGO)$0.363366-0.28%
  • vechainVeChain(VET)$0.0331530.66%
  • filecoinFilecoin(FIL)$8.703.71%
  • Internet ComputerInternet Computer(ICP)$8.290.90%
  • tezosTezos(XTZ)$1.92-0.23%
  • theta-tokenTheta Network(THETA)$1.622.30%
  • AaveAave(AAVE)$111.974.35%
  • ElrondElrond(EGLD)$65.21-1.52%
  • eosEOS(EOS)$1.31-0.65%
  • bitcoin-cash-svBitcoin SV(BSV)$63.150.86%
  • zcashZcash(ZEC)$78.35-1.34%
  • iotaIOTA(MIOTA)$0.3588901.99%
  • makerMaker(MKR)$1,077.730.39%
  • havvenSynthetix Network(SNX)$4.04-0.34%
  • paxos-standardPax Dollar(USDP)$1.000.18%
  • neoNEO(NEO)$11.96-0.02%
  • huobi-tokenHuobi(HT)$5.3419.80%
  • PancakeSwapPancakeSwap(CAKE)$4.32-1.20%
  • zilliqaZilliqa(ZIL)$0.0473571.85%
  • basic-attention-tokenBasic Attention(BAT)$0.4634690.49%
  • wavesWaves(WAVES)$6.09-0.80%
  • dashDash(DASH)$55.29-1.61%
  • bitcoin-goldBitcoin Gold(BTG)$31.981.45%
  • KusamaKusama(KSM)$60.68-1.65%
  • nemNEM(XEM)$0.0559173.15%
  • CompoundCompound(COMP)$64.942.25%
  • qtumQtum(QTUM)$4.270.05%
  • yearn-financeyearn.finance(YFI)$11,427.761.58%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • omisegoOMG Network(OMG)$2.39-0.49%
  • ethlendAave [OLD](LEND)$4.103.48%
  • golemGolem(GLM)$0.297202-6.71%
  • SushiSushi(SUSHI)$1.55-1.27%
  • ontologyOntology(ONT)$0.2953731.05%
  • umaUMA(UMA)$3.081.25%
  • digibyteDigiByte(DGB)$0.0134242.63%
  • UniswapUniswap(UNI)$2.4438.80%