Company challenges outdated crypto practices with revolutionary new platform — and competitors may need to adapt
Next-gen blockchain technology from Ripple Labs has the potential to revolutionize the cryptocurrency landscape with energy-efficient protocols supporting the company’s 2020 pledge to reach carbon net-zero by 2030.
What is Ripple Labs’ new blockchain technology?
The company’s RippleNet Infinity platform aims to improve cryptocurrency transactions with increased security, faster processing, and greater energy efficiency, as reported by CoinTrust in February.
Ripple uses a digital asset called XRP, with transactions recorded through its decentralized XRP Ledger. Traditional crypto mining — the process of solving computational problems to add transactions to the blockchain — is not used on this platform (as…
