Ripple, which been striving to develop the new Internet of Value, announced on 2 October a major step towards achieving this dream. Ripple announced the evolution of Xpring – “now the open development platform for money,” to make Xpring a global network for developers.

The platform will function in the area of money transfers through Xpring. Ethan Beard, Senior Vice President of Xpring, in an interview explained,

“It’s designed to remove the pain and the messiness of integrating money into apps”

The platform will offer tools, services, and programs for developers to send and receive payments in any currency and across any network, using XRPL and Interledger protocol, explained Ripple via a blog. Currency here includes the use of fiat currencies and cryptos, Beard explained in the interview.

With several advancements in the blockchain world, where every company has tried to make it easier for adoption, Ripple too has been trying to provide similar offerings including value transfer solutions, similar to AWS for money. However, Xpring’s new developers’ platform stands apart from other platforms as it is open for all developers and not just developers in the blockchain and cryptospace. Beard went on to explain,

“More specifically, what we’re aiming to do with the platform is provide developers with various tools, services and programs to make it easier for them to build on [the] XRP Ledger and to leverage Interledger Protocol.”

With the aim of bringing money to the Internet like images, texts and videos do today, Xpring’s new platform aspires to remove the pain and messiness of integrating money into apps.



