Ripple‘s native technology has worked with the intention of improving cross border transactions as well as the remittance market. This has led to a plethora of updates and developments launched by users to improve the market.
According to new reports, Ripple’s Xpring has upped the ante on its investment in BRD, one of the oldest and most popular cryptocurrency wallets in the industry.
Xpring was first launched in October, sparking the way for newer updates on the Ripple network. The BRD investment was also part of this very concept of building a better network and propagating a new method of transactions.
Recently the organization revealed that they had launched Blockset, a blockchain data integration platform offering a suite of tools for developers to build applications across multiple using simple APIs. This was done to ensure that customers can utilize the full power of the blockchain as well as the ODL. According to the official released by Xpring:
“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.”
Blockset has revealed that they use XRP libraries maintained by Xpring. This was decided to reduce the complexity of integration with the XRP library. Blockset works as a backend-as-a-service for blockchain It is designed to help blockchain explorers, wallets and data aggregators. The company has claimed that they try to channelize the input data into a straightforward schema.
Blockset not just works with XRP but also Litecoin, Bitcoin and Bitcoin Cash nodes. One of the main features ingrained with Blockset is that they define the hierarchy of data and transformations from the native blockchains into its own standardized format. The Xpring team revealed that they have used the BRD wallet for a long time now and have even tested out the ever-present features.
The BRD team on their end has tried to integrate into as many applications as possible. BRD now has over 2.5 million users across 170 countries with an evergrowing customer base. Reports have said that the wallet has seen massive increases in Monthly Active Users as well as transaction volume.
BRD recently revealed that the application had over 3 million users supporting XRP on the enterprise expansion. BRDHQ continued to reaffirm its policy to democratize access to and use of digital assets for consumers and businesses.