Ripple Completes 5 Years Of Global XRPL Research Program

Anvesh Reddy
July 7, 2023 Updated July 16, 2024
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Ripple Launches Crypto Custody for Banks and Fintechs

Crypto Market News: The University Blockchain Research Initiative (UBRI) by Ripple was launched around five years ago to support academic research, technical development and innovation in blockchain and crypto. Accordingly, the UBRI made a $50M philanthropic commitment to leading universities around the world. As part of the Initiative, participants who conduct research in XRP Ledger (XRPL) are given the XRPL Grants. Overall, the UBRI is one of the strong proponents of academic research in the crypto market ecosystem.

Also Read: US Fed Powell, ECB Lagarde Aggressively Hawkish, Can Bitcoin Price Still Hit $35000?

The Berkeley Blockchain Xcelerator and Lab for Inclusive FinTech, Wharton Blockchain and Digital Asset Project and IIT Bombay’s Center of Excellence have been incorporated to support blockchain education thanks to the UBRI program. Seven of the world’s top ten university blockchain programs are UBRI partners.

Ripple University Partners

At the core of Ripple’s investments for the future are the partnerships with more than 50 universities across the world. The company said in a statement on the occasion of celebrating five years of the program:

“UBRI has now established more than 50 university partners across six continents, awarded 590 fellowships and scholarships, and supported the publication of over 1,000 research articles and presentations. “

Meanwhile, the XRP token holder community is hopeful of the Summary Judgement delivery in the lawsuit against the U.S. Securities and Exchange Commission (SEC) by the end of 2023. Recently, a top executive at the Bank of America praised Ripple XRP position in the payments space as a “possible exception.”

Also Read: Bitcoin Holdings Shift: Institutions Accumulate BTC as Exchange Balances Plummet

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at [email protected] or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.