David

Coin

<ul class="news-points"> 
 <li>Ripple’s CTO, David Schwartz thinks the blockchain’s adoption among traditional institutions has been slow.</li> 
 <li>According to Schwartz, blockers with sanctions and screening have hampered the technology’s encroachment into the mainstream.</li> 
 <li>Schwartz noted that more than 1,000 projects, including new stakeholders like the XRPL Commons, exist on the XRP Ledger.</li> 
</ul> 
Ripple’s CTO, David Schwartz, thinks the blockchain’s adoption among traditional institutions has been slow. According to Schwartz, sanctions and screening have hampered the technology’s path into the mainstream. 
In a recent <a href="https://www.coindesk.com/tech/2024/01/24/ripples-david-schwartz-talks-bottom-up-growth-on-xrp-ledger-rebuts-critics-qa/" target="_blank" rel="nofollow">interview</a>, the blockchain expert noted that Ripple’s institutional adoption among firms not tightly tied to layer one technology is rapidly growing. He explained that institutions are adopting the XRP Ledger in isolated circumstances. 
Despite the isolation, Schwartz noted that more than 1,000 projects, including new stakeholders like the XRPL Commons, exist on the XRP Ledger. However, he considers those as infrastructure for ground-up adoption, noting that there is not much top-down adoption for the blockchain. 
Schwartz acknowledged the U.S. Securities and Exchange Commiss…
The post <a href="https://coinedition.com/ripple-cto-xrpl-adoption-hampered-by-sanctions-and-screening/">Ripple CTO: XRPL Adoption Hampered By Sanctions and Screening</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ripple CTO: XRPL Adoption Hampered By Sanctions and Screening

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