David "JoelKatz" Schwartz
@JoelKatz
Improving global settlement with blockchain tech. CTO at Ripple; one of the original architects of the XRP ledger.
1.2K Following 615.7K Followers
Ripple’s acquisition of Hidden Road is a defining moment for the XRP Ledger and XRP. The prime broker clears upwards of $10B and processes over 50M transactions a day on various traditional rails, waiting up to 24 hours for those transactions to settle. Now imagine even a portion of that activity on the XRP Ledger – and that’s exactly what Hidden Road plans on doing – not to mention future use of collateral and real-world assets tokenized on the XRPL.
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Am I doing this right? https://t.co/OltPmOc6Jt
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