The post Ripple’s Latest Security Breakthrough : Your Identity, Your Blockchain appeared first on Coinpedia Fintech News
David Schwartz, the Chief Technology Officer (CTO) of Ripple, had an important insight when looking at Bitcoin. He noticed that even though Bitcoin was getting bigger, most of the world’s valuable things were not part of Bitcoin.
This made him realize that we needed “bridges” to connect the traditional financial world with the new cryptocurrency world. These bridges would make it easy for people to use valuable things in a way that they were used to and was efficient.
Schwartz also announced that after winning the legal battle with the SEC, XRP is one of the only two cryptocurrencies (alongside Bitcoin) with clear rules in the United States.
He said, “One of the first things we realized when we looked at Bitcoin was that even if you thought Bitcoin was going to take over the world it hadn’t taken over the world yet. The vast majority of the world’s v
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