Xpring - Crypto For Businesses
Bitcoin is synonymous with cryptocurrency and is popular as an instrument for gains after investment. The soaring prices as seen last year have millions flock towards it to fulfill their dream of high returns and passive income.
It was only after Bitcoin started losing its sheen after a fall in prices that people started looking towards altcoins. Some of the altcoins have gained in value consistently and are looked upon as favorable not only for investment purposes but for several practical uses as well.
One of the top altcoins is Ripple which sits on the number three position in the top cryptocurrency charts. Ripple had its expansion efforts mainly pointed towards payments and banking. But now it has also started its expansion towards business and entrepreneurs.
Xpring is the new launch that will support entrepreneurs. It has been started with the aim of providing incubation and support for small businesses. There are many entrepreneurs who have invested in XRP the Ripple token and Xpring will add further value to it.
The card shows the balance on an epaper display on which you can also choose the account to be used.
In order to ensure its success Ripple has brought in a senior member of the Facebook team. Ethan Beard has joined Ripple as a Senior Vice President to help with the growth of Xpring and the further development of Ripple. He has extensive experience in the past including many established technological companies. As Ethan Beard explained in his own words;_
I love helping startups leverage new technologies and developments to grow. At Facebook, we saw companies in areas like gaming, music, and news use our platform to become big businesses. Blockchain and digital assets have the ability to solve important problems and XRP – with its speed, scalability and demonstrated real-world use case – is a great tool for startups and entrepreneurs to build businesses around.
With the introduction of Xpring Ripple will become even more popular especially with entrepreneurs and small businesses. They are believed to have already received several requests for support indicating a latent demad which was witing to be tapped. It will not be a surprise if Ripple becomes the most sought after altcoin considering the fact that it has made value additions with the blockchain.
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Image sources: Ripple.com, Giphy