Connect with us
Active Currencies 16235
Market Cap $3,474,680,608,751.40
Bitcoin Share 55.22%
24h Market Cap Change $-3.22

XRP adoption receives boost with integration of BRD wallet, Blockset

2min Read

Share this article

XRP’s adoption has gotten a double boost with the integration of BRD’s support and Blockset.

Ripple’s efforts in the financial world have once again helped XRP’s adoption. In a recent announcement, the BRD wallet, which has been labeled as the world’s fastest-growing consumer crypto-wallet with a presence in over 170 countries, added support for XRP.

Addressing the growth of the cryptocurrency market, BRD’s Co-founder Aaron Voisine had paid heed to the progress made by the BRD wallet and the digital asset market itself. Voisine stated,

“What began as an experiment for developers and early adopters who thought it was interesting, has now passed through a speculative and volatile phase into stable stores of value that will lead to more consumer applications.”

Ripple’s other initiative that incubates, acquires, and provides grants to companies and projects, Xpring, had previously invested in BRD in October 2019. Owing to its success, the BRD wallet later announced the launch of Blockset, a blockchain data integration platform.

According to Xpring’s announcement of the project, it will provide a suite of tools for developers in order to help them build applications across multiple chains using a simple API. It will use XRP libraries [maintained by Xpring] to reduce the complexity of integration.

The post added,

“As part of the launch, Blockset includes support for XRP, which will help enable more developers with access to the XRP Ledger as they build their applications.”

The project will aim at serving as a “backend-as-a-service” for blockchain data and will define the hierarchy of data and transformations from native blockchains into its own data format.

BRD hosts over 3 million users across 170 countries, all of whom will now have access to using XRP. Thus, the addition of support to XRP and using it on Blockset could be looked at two major adoption drives for the third-largest cryptocurrency in the market.

Share

Namrata is a full-time journalist at AMBCrypto covering the US and Indian market. A graduate in Mass communication, while majoring in Journalism, she writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.
Read the best crypto stories of the day in less than 5 minutes
Subscribe to get it daily in your inbox.
Please check the format of your first name and/or email address.

Thank you for subscribing to Unhashed.