The University of Toronto will start an independent XRP Ledger (XRPL) validator under the Ripple UBRI program. The University of Toronto, Canada's largest university by enrollment, has partnered with San Francisco-based tech company Ripple. Under the partnership, the University of Toronto plans to run an independent XRP Ledger (XRPL) validator focusing on payment processing. With Toronto University being an XRPL validator, the tertiary institution will participate in Ripple's consensus process, which supports the XRP Ledger's decentralization. Like every existing node on the network, Toronto University will be ranked based on its consistency, transparency, availability, and reliability. It is worth noting that the development is part of Ripple's Blockchain Research Initiative (UBRI) in the North American country. Since the program commenced in 2018, the leading blockchain company has invested a whopping $2 million in Canada's top colleges and universities over the past five years. Ripple's statement on the partnership: 'This UBRI collaboration strengthens our program's support for blockchain research in Canada and empowers students with valuable skills for a career in the crypto industry.' Following the recent partnership, the University of Toronto will join current partners of Ripple's UBRI program, including Toronto Metropolitan University and the University of Waterloo. The Ripple

Canada Leading University Joins Forces with Ripple to Establish XRP Validator

TheCryptoBasic

2023년 6월 12일에 게재된 다른 기사

a16z’s London Expansion: Is the UK Set to Become the Next Crypto Hub?

Shiba Inu Team Official Hints at Shibarium Best Launch Time

Ripple CBDC Advisor Excited at XRPL's Real-world Utility: Details

Solana, Polygon, and Cardano Respond to SEC's Securities Claims, Prioritizing Regulatory Clarity

Understanding Cryptoassets: The Rise of Kissan Token

Ooki DAO Ordered to Shut Down Following Landmark CFTC Lawsuit

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!