Ripple: Presents a vision for federated sidechains on XRP Ledger

Ripple: Presents a vision for federated sidechains on XRP Ledger

  • Ripple provides one frictionless experience to send money globally using the power of blockchain technology
  • Over the last nine years, the XRP community has been committed to advancing the innovation and forward progress of the XRP Ledger
  • In fact, the number of DeFi developers has grown 110% since 2019, and that number is projected to grow well beyond 2021
  • Proposing a strategy that enables the best of both worlds: Federated Sidechains for the XRP Ledger
  • This will enable developers to implement new features, such as native smart contracts that interoperate seamlessly with XRP
  • In order to understand the vision for Federated Sidechains, it is first important to define a federator
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

US FTC Reports Consumers Lost $15.9 Billion to Fraud in 2025

The FTC reveals alarming fraud losses impacting millions of Americans.Highlights: Consumers lost $15.9 billion to fraud in 2025,...

EU, UK, and Switzerland Strengthen T1 Testing Plan for 2027 Transition

Three regions collaborate on testing ahead of joint financial move.Highlights: EU, UK, and Switzerland announce T1 testing plan.Collaboration...

NextGen FinCrime Initiative Strengthens Cross-Sector Collaboration

New talks aim to enhance cooperation in tackling financial crime across industries.Highlights: NextGen FinCrime initiative aims to unite...

Aviva Launches Insurance App on ChatGPT, Enhancing Customer Interactions

The new app aims to simplify insurance queries and support for users.Highlights: Aviva introduces an insurance app on...