David Schwartz is one of the founders of XRP Ledger. He is currently the technical director of Ripple. He shares with his users on Twitter. In recent years, blockchain technology leaders have been following a new strategy to compare with their previous work status.
Today, the practical significance of Ripple has long been affected.
Schwartz posted a post on his Twitter account to share the ridicule of a story. He said "two or three sentences about Ripple in the past decade and the next decade" to 50 Ripple leaders in a room
The last two articles in the post seem very practical, in which Schwartz exposed the great difference between the business service methods used by Ripple before and after 2018.
Before 2018, he pointed out that "Ripple is OR" - as Schwartz explained, he continued to make decisions.
Now, he said, "Ripple is about AND." They did not determine whether this product was still a product, but tried to go hand in hand with the two, and did not choose to help this target customer group or another target customer group.
Ripple has tried to combine new technology applications with new products, which are developed for new customers.
Schwartz added that he was keen to find and/or create a technology that would enable Ripple to do things that could not be done before and target customers that could not be contacted before.
In recent years, we all know that Ripple has signed contracts with more than 300 institutional customers, most of which are overseas. Although the SEC initiated continuous litigation against Ripple in December 2020, Ripple still completed this improvement.
The company's key products are xCurrent and On Demand Liquidity (ODL, formerly called xRapid). Now, among other things, Ripple has put his toes into the stable and NFT.
In an online article released earlier this week, Ripple fintech shared that a new wave of NFT projects has joined Ripple Creator Fund, which includes 250 million dollars for project teams based on XRP ledgers.
A project added to the fund will expand the market in media, songs, sports, real estate, carbon credit and other industries. A new wave of creators has cooperated with the concept of meta universe, mobile games, music and several other industries to establish NFT on XRPL.
This company, headquartered in San Francisco, USA, announced its first wave of creators as early as the end of April.
