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After 12 years, Ripple’s president sees its payment and enterprise businesses evolving further
The XRP Ledger is a decentralized public ledger with an open-source code base that anyone can contribute to or use.
At the same time, it’s also aiming to become the go-to enterprise infrastructure provider, the company’s president, Monica Long, said on TechCrunch’s Chain Reaction podcast. When the ledger first launched in 2012, it imagined it as a version of bitcoin that would achieve faster confirmation times with a lower cost system, Long said. “Foreign exchange is pretty concentrated in terms of the players who actually have enough capital to provide liquidity for those transactions,” Long said.
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