Credit: Youtube capture Ripple channel
David Schwartz, the director of technology at Ripple, said he is currently working on new solutions, including a functionality to launch digital assets on the Ledger XRP.
In a video published Thursday on the Youtube channel of Ripple, Schwartz said he had submitted several improvement ideas for the Ledger XRP.
One of them is Core consensus improvement. One thing I have said over and over again is that Proof of Work is technology at the end. It works well but there is no significant innovation, ”he said.
The blockchain technology expert then returned to a potential future functionality allowing to launch digital assets and in particular stablecoins on the Ledger XRP.
A very exciting feature would be to let people throw … stablecoins would be the most obvious case but it is not only that but rather essentially assets supported by value […] What is interesting is that the liquidity is guaranteed by the mechanics of the Ledger, "he explained.
The American firm, which recently raised $ 200 million and who is now planning to make a Initial Public Offering, acquired the blockchain startup Logos Network this fall in order to develop new financial products around the ecosystem XRP.
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