Ripple’s Xpring Recognized by Fast Company
Summary
- Ripple’s Xpring recognized by Fast Company
- This is Xpring’s second time being recognized on Fast Company’s World Changing Ideas
Ripple’s Xpring was recognized by Fast Company, a leading business magazine. Xpring has been recognized as an honorable mention for the “World Changing Ideas Awards 2020.“ The award program focused on products and innovations that have the potential to change the global landscape. Although Xpring didn’t make the finalists, Xpring was one of 3,000 entries, signifying a significant achievement.
Fast Company has previously recognized Ripple last year, for its xRapid platform. In 2019, the platform was recognized for its innovations in global remittance technology. Ripple has since converted xRapid to RippleNet. RippleNet encompasses xRapid, xVia, and xCurrent. RippleNet has seen a surge in usage amid COVID-19.
Xpring
Xspring is Ripple’s blockchain development arm. Xpring is responsible for developing the open financial platform behind Ripple (XRP). Xspring also helps customers integrate the Ripple platform with their existing system.
Xspring also invests and incubates upcoming blockchain technology startups bolstering further innovation. Xspring has committed over $500 million with partnerships with over 20 companies.
Furthermore, the platform provides developers with the Xspring SDK, allowing developers to develop for themselves. The Xspring SDK allows developers to utilize Ripple’s financial platform to innovate and further Ripple adoption.
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