As public scrutiny increases, companies exploring blockchain or crypto solutions are feeling the pressure to go green. In this aspect, Ripple’s XRP Ledger [XRPL] has been favored by several noteworthy partners.
Now, another company has plans to use XRPL to boost its own development.
Xange.com, a securities exchange collaborating with the UN Development System [UNDS] announced it was working on a Carbon Credit Solution, on the XRP Ledger. The press release by Xange.com stated,
“The XRP Ledger was built with sustainability in mind and is one of the first major carbon neutral blockchains. Due to its Federated Consensus algorithm, the XRPL is significantly more energy efficient compared to proof-of-work blockchains and ensures low-cost
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