If something owns Ripple in excess, it is business intelligence. The Blockchain company is probably one of the leading companies worldwide. Not because of the great profits that it makes year after year, that generates them. Nor for its level of international expansion, which is immense. But for its high degree of innovation.
Instead of being stuck with the group of products that have worked so far. Ripple always tries to evolve, and participate in the markets that are giving talk. Sometimes with great success, and sometimes without him, but always trying.
For which, he even created an arm within the company, Xpring. An investment fund, financed by Ripple, which is responsible for investing in projects of various kinds. All with the objective of strengthening the XRP ecosystem, and entering markets in which the company does not yet have a presence.
As is the case with Logos Network, a company acquired by Ripple through Xpring recently. And whose area would be decentralized payment platforms, within which Ripple had no presence. Now part of the company's investment group to increase its reach in the crypto world.
And now, Ripple would also be expanding the capabilities of its investment arm. Transforming it into an integrated platform for developers, both part of the world crypto and not. To offer them tools that they can implement in their projects. Including a wallet, software development tools and technical documentation about XRP, all in the Xpring.io portal
The ultimate goal with the launch of the Xpring platform, combining the capabilities of all investments made in recent months. It is to provide a space for the development of applications around XRP, Ripple's cryptocurrency.
As Xpring Vice President Ethan Beard puts it: "This will be the central hub for developers to manage everything they need when integrating payments into their applications."
In this way, the investments made by Ripple would start to make sense within a larger strategy. That seeks to offer new features to the crypto community, and incentives to developers to continue innovating around the cryptocurrency.
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