Ripple: Blockchain is About Growth Not Cost Savings

A Ripple Executive has downplayed the cost-savings of blockchain technology over traditional banking arguing that growth is a stronger message for attracting business clients, including banks.more than $100 million worth of XRP to start letting users trade the asset but this wasn’t accepted.Princeton UniversityMassachusetts Institute of Technology’s Computer Science and Artificial Intelligence Lab. Considering that blockchain developers are in high demand, this is set to provide a wider pool of talent for the industry.On Ripple’s behalf, Ashton Kutcher donated $4 million in XRP to Ellen DeGeneres’ wildlife fund live on The Ellen Show. Ashton Kutcher and Guy Oseary, who was also on the show, are co-founders of Sound Ventures, a venture capital fund that was reported to have a $250 million portfolio in 2016. They wanted to express the charitable intentions of Ripple by supporting the fund which was set up to support conservation efforts for critically endangered species.

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