XRP Ledger blockchain energizes decarbonization, but tokenization a challenge

XRP Ledger blockchain energizes decarbonization, but tokenization a challenge

A new blockchain platform aims to get decentralized networks to decarbonize, but challenges remain, due to uncertainty around tokenization As tech giants like Google and Facebook announce plans to become carbon-neutral businesses by 2030, smaller companies are doing the same. The only difference is that innovative startups are taking clever approaches that seek to be more effective than those implemented by large, centralized companies.For example, Ripple — a fintech company that allows banks, payment providers and digital asset exchanges to send money using blockchain — has committed to....


Related News

Argo, DMG Blockchain Join Group Promoting Bitcoin Mining Decarbonization

Bitcoin mining firms DMG Blockchain Solutions and Argo Blockchain have joined an accord promoting industry decarbonization.

Ripple CTO On How The XRP Ledger Is Powering Asset Tokenization

Ripple CTO David Schwartz recently sat down to chat about how the XRP Ledger is enabling a revolution in the tokenization of real-world assets. While speaking in a recent interview, Schwartz noted his excitement around the XRP ecosystem graduating from the investors’ obsession with the XRP token to a more generalized interest in the functionalities […]

Ripple Reveals How It’s Hijacking A $16 Trillion Industry Using The XRP Ledger

Crypto firm Ripple has revealed how it is capturing the projected $16 trillion tokenization industry by onboarding several institutions onto the XRP Ledger (XRPL). The firm alluded to security and how its custody service is helping solve this issue.  Ripple Comments On How It Is Capturing The Tokenization Industry Using XRP Ledger In an X […]

Tokenization of assets is not taking off, but it really should

For years, tokenization has been hyped to be one of the most interesting use cases of blockchain, but it hasn’t gained its momentum yet. For years, experts have been talking about how tokenization — the act of creating a digital representation of an asset on a distributed ledger — of a financial or real asset can unlock trillions in illiquid assets, giving retail investors access to investments with previously high minimum capital requirements thanks to fractional ownership or settle trades on a distributed ledger instantly. But if we investigate the current tokenization offerings, none is....

Blockchain Startup Hyperledger Bags $50,000 Prize in Fintech Challenge

Blockchain startup Hyperledger won the Innotribe Startup Challenge finale at the Sibos conference in Singapore and bagged $50,000 in prize money. The company specializes in shared ledger technology for decentralized data management and was recently acquired by Digital Asset Holdings. Other bitcoin and blockchain firms that made it to the finals were Bitspark, a remittance service based in Hong Kong, and Elliptic, which is a bitcoin storage and analytics firm. Hyperledger's Blockchain Technology. Prior to winning this year's fintech challenge sponsored by SWIFT, Hyperledger was also one of....