XRP is Ripple’s native digital token. The implications of XRP for financial inclusion are promising.
Blockchain for Social Impact
Blockchain technology can empower the development of a sustainable, equitable future. This empowers Web3 builders to make progress toward meeting the UN Sustainable Development Goals (SDGs), such as the following.
- No poverty (SDG 1)
- Decent work and economic growth (SDG 8)
- Reduced inequalities (SDG 10)
Use of XRP for Financial Inclusion
According to the World Economic Forum, Ripple’s mission is to provide open and speedy access to value, similarly to how the Internet provides access to information. Ripple refers to this as the “Internet of Value (IoV)”.
The following allow the XRP Ledger ecosystem to make value accessible.
- XRP is supported by over 100 financial institutions.
- The XRP Ledger Consensus Protocol incentivizes active participation and deters malicious or unfair behavior.
- The XRP Ledger makes cross-border payments simple and secure.
How Web3 Enabler Uses XRP for Financial Inclusion Opportunity
By allowing businesses to simply and safely transact in XRP, XRP for Salesforce empowers individuals around the world, including the unbanked, to participate in global commerce.
By taking care of the complexities of XRP Ledger development, we enable Salesforce users can easily reap the benefits of XRP payments, in order to provide the following for customers.