• BTC Dominance: %
XBT.Market
Advertisement
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us
No Result
View All Result
XBT.Market
No Result
View All Result
Home Bitcoin

Ripple Rolls Out $197,000 Hackathon To Improve CBDC Operability

Jon Hartney by Jon Hartney
July 3, 2022
in Bitcoin, Blockchain, Business, Market
0
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023


Blockchain provider Ripple is organizing a contest to promote the growth of central bank digital currency (CBDC) interoperability, with more than $190,000 worth of prizes to be won.

The San Francisco-based firm says the CBDC hackathon will promote the development of solutions for interoperability and financial inclusion.

The program, called CBDC Innovate, will allow developers to build apps that will run on XRP Ledger, Ripple’s decentralized and open-source blockchain.

In one of the categories, the contestants will be required to design and develop a payment solution. For the first category, the organizers will focus on interoperability, where developers are required to submit a solution that enables CBDC to interoperate with other digital assets like stablecoins and non-fungible tokens.

Buy Ripple Now

Your capital is at risk.

Developers To Submit Their Solutions On Or Before August 25, 2022

For the second category, the contestants will be required to design an interface that enables users to work together with CBDC. The third category will take care of financial inclusion where the developers will be offering a solution that can take advantage of such digital currency.

The hackathon page stated that the participants have until August 25, 2022, to submit their solutions while winners of the various categories will be announced on September 8. The page also stated that developers all over the world can participate in the competition, except those from Russia, North Korea, Syria, Iran, Crimea, Brazil, and Cuba.

Ripple Pays More Attention To CBDC Developments

Ripple has shown immense interest in the development of CBDC solutions. The company is prepared to lead the line when central banks start unveiling their digital currencies. Ripple already has a dedicated XRP Ledger-based platform that will enable the central bank to provide solutions, including minting, managing, transacting, and destroying CBDCs.

The company has also partnered with several central banks and countries to experiment with CBDC solutions. Last November, it collaborated with the Republic of Palau to develop CBDC strategies for the country. It has also partnered with Bhutan for a digital asset pilot program. However, Ripple is still in a serious legal battle with the US Securities and Exchange Commission (SEC), and it plans to exit the US if the regulator wins.

Read more:

  • How to buy Cryptocurrencies
  • How to buy Ripple

Lucky Block – Our Recommended Crypto of 2022

Our Rating

Lucky Block
  • New Crypto Games Platform
  • Featured in Forbes, Nasdaq.com, Yahoo Finance
  • LBLOCK Token Up 1000%+ From Presale
  • Listed on Pancakeswap, LBank
  • Free Tickets to Jackpot Prize Draws for Holders
  • Passive Income Rewards – Play to Earn Utility
  • 10,000 NFTs Minted in 2022 – Now on NFTLaunchpad.com
  • $1 Million NFT Jackpot in May 2022
  • Worldwide Decentralized Competitions

Lucky Block

Visit Site
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Read Entire Article
Tags: CryptocurrencyinsidebitcoinsInvestmentMining Bitcoin
Share76Tweet47

Related Posts

Bitcoin derivatives data shows room for BTC price to move higher this week

by Jon Hartney
January 23, 2023
0

BTC options data suggest that the Bitcoin price rally still has legs, even with wider economic concerns growing and the

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

by Jon Hartney
January 22, 2023
0

BTC could take a break from its sharp rally and if BTC price bounces off underlying support, APE, MANA, AAVE...

Genesis bankruptcy case scheduled for first hearing

by Jon Hartney
January 22, 2023
0

The first hearing in Genesis Capital's bankruptcy case will be held on January 23, according to court filings

Terra lending protocol Mars to launch mainnet

by Jon Hartney
January 22, 2023
0

The Mars Hub will launch an independent Cosmos application chain and issue MARS to users who hold the token during...

Central African Republic eyes legal framework for crypto adoption

by Jon Hartney
January 22, 2023
0

A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in

Load More
  • Trending
  • Comments
  • Latest

Ethereum Classic gets ‘endorsement’ from Vitalik Buterin, but ETC price still risks 50% crash

July 27, 2022

Critique on Helium’s $6.5K monthly revenue causes a stir

July 28, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

July 7, 2022

Cardano Vasil hard fork hit with another delay for several weeks

July 29, 2022

All aboard! Elon Musk’s Vegas Loop now taking Dogecoin payments

0

Crypto owners banned from working on US Government crypto policies

0

Korean startup Uprise lost $20M shorting LUNC

0

Ethereum testnet Merge mostly successful — ‘Hiccups will not delay the Merge.’

0

Bitcoin derivatives data shows room for BTC price to move higher this week

January 23, 2023

Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher

January 22, 2023

Genesis bankruptcy case scheduled for first hearing

January 22, 2023

Terra lending protocol Mars to launch mainnet

January 22, 2023

XBT.Market

This website is an automated news feed powered by the Nebulome cloud system. The site is made possible by YYC TECH Consulting and Alberta Digital Mining Company. As a team with major crypto and bitcoin enthusiasm, we have curated major sources of news, trading and financial data to bring you, our viewer, an unbiased source of truth.

Recent Posts

  • Bitcoin derivatives data shows room for BTC price to move higher this week January 23, 2023
  • Bitcoin price consolidation opens the door for APE, MANA, AAVE and FIL to move higher January 22, 2023
  • Genesis bankruptcy case scheduled for first hearing January 22, 2023
  • Terra lending protocol Mars to launch mainnet January 22, 2023
  • Central African Republic eyes legal framework for crypto adoption January 22, 2023

News Categories

  • Bitcoin
  • Blockchain
  • Business
  • Market

Tags

bitcoinMagzine Cointelegraph Cryptocurrency insidebitcoins Investment Mining Bitcoin NewsBTC

Quicklinks

  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market - Powered by YYC Tech Consulting & ADMCO.

No Result
View All Result
  • Home
  • Coins MarketCap
  • Crypto Exchanges
  • Crypto Calculator
  • Top Gainers and Loser
  • News
  • Contact Us

© 2022 Xbt.Market by Nebulome.

  • bitcoinBitcoin(BTC)$22,896.00-0.40%
  • ethereumEthereum(ETH)$1,573.760.01%
  • USDEXUSDEX(USDEX)$1.07-0.53%
  • tetherTether(USDT)$1.000.20%
  • usd-coinUSD Coin(USDC)$1.000.34%
  • binancecoinBNB(BNB)$310.371.57%
  • rippleXRP(XRP)$0.4020810.68%
  • Binance USDBinance USD(BUSD)$1.000.40%
  • cardanoCardano(ADA)$0.374457-1.12%
  • dogecoinDogecoin(DOGE)$0.0924237.84%
  • matic-networkPolygon(MATIC)$1.09-1.61%
  • OKBOKB(OKB)$37.400.48%
  • SolanaSolana(SOL)$23.72-1.17%
  • Lido Staked EtherLido Staked Ether(STETH)$1,567.06-0.34%
  • polkadotPolkadot(DOT)$6.20-0.58%
  • Shiba InuShiba Inu(SHIB)$0.0000121.45%
  • litecoinLitecoin(LTC)$93.631.12%
  • AvalancheAvalanche(AVAX)$19.48-2.04%
  • tronTRON(TRX)$0.0625881.22%
  • daiDai(DAI)$1.000.17%
  • UniswapUniswap(UNI)$6.50-1.69%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$22,824.00-0.40%
  • cosmosCosmos Hub(ATOM)$13.11-0.14%
  • chainlinkChainlink(LINK)$6.92-0.74%
  • ToncoinToncoin(TON)$2.28-0.86%
  • leo-tokenLEO Token(LEO)$3.52-0.82%
  • moneroMonero(XMR)$174.39-4.34%
  • ethereum-classicEthereum Classic(ETC)$21.45-1.11%
  • AptosAptos(APT)$16.50-6.45%
  • bitcoin-cashBitcoin Cash(BCH)$132.520.94%
  • Aerarium FiAerarium Fi(AERA)$7.14-13.09%
  • stellarStellar(XLM)$0.089940-1.13%
  • ApeCoinApeCoin(APE)$5.77-2.90%
  • QuantQuant(QNT)$143.15-0.39%
  • CronosCronos(CRO)$0.078072-0.97%
  • NEAR ProtocolNEAR Protocol(NEAR)$2.30-2.84%
  • filecoinFilecoin(FIL)$5.05-1.04%
  • Lido DAOLido DAO(LDO)$2.07-1.21%
  • algorandAlgorand(ALGO)$0.237480-2.71%
  • vechainVeChain(VET)$0.023084-0.49%
  • HederaHedera(HBAR)$0.064520-1.05%
  • Internet ComputerInternet Computer(ICP)$5.71-1.71%
  • decentralandDecentraland(MANA)$0.74-2.00%
  • Axie InfinityAxie Infinity(AXS)$10.66-4.40%
  • FantomFantom(FTM)$0.4751383.49%
  • AaveAave(AAVE)$81.07-0.89%
  • The SandboxThe Sandbox(SAND)$0.72-2.53%
  • eosEOS(EOS)$1.05-1.53%
  • MultiversXMultiversX(EGLD)$42.68-0.60%
  • FlowFlow(FLOW)$1.00-1.66%
  • Terra Luna ClassicTerra Luna Classic(LUNC)$0.0001722.27%
  • FraxFrax(FRAX)$1.000.50%
  • theta-tokenTheta Network(THETA)$1.01-2.59%
  • tezosTezos(XTZ)$1.06-1.51%
  • paxos-standardPax Dollar(USDP)$1.001.15%
  • true-usdTrueUSD(TUSD)$1.000.21%
  • huobi-tokenHuobi(HT)$5.110.75%
  • bitcoin-cash-svBitcoin SV(BSV)$42.43-1.73%
  • kucoin-sharesKuCoin(KCS)$8.210.30%
  • The GraphThe Graph(GRT)$0.088063-0.83%
  • Frax ShareFrax Share(FXS)$10.271.08%
  • Curve DAOCurve DAO(CRV)$1.00-1.95%
  • Rocket PoolRocket Pool(RPL)$37.710.01%
  • USDDUSDD(USDD)$0.990.16%
  • havvenSynthetix Network(SNX)$2.28-0.39%
  • ChilizChiliz(CHZ)$0.131980-2.44%
  • eCasheCash(XEC)$0.0000360.71%
  • Trust WalletTrust Wallet(TWT)$1.653.07%
  • BitTorrentBitTorrent(BTT)$0.000001-1.51%
  • dashDash(DASH)$59.80-0.26%
  • PancakeSwapPancakeSwap(CAKE)$4.010.91%
  • Mina ProtocolMina Protocol(MINA)$0.79-4.92%
  • GateGate(GT)$4.422.28%
  • KlaytnKlaytn(KLAY)$0.201092-1.29%
  • iotaIOTA(MIOTA)$0.222003-2.02%
  • cUSDCcUSDC(CUSDC)$0.0227540.14%
  • BitDAOBitDAO(BIT)$0.51-7.69%
  • zcashZcash(ZEC)$45.251.04%
  • makerMaker(MKR)$640.220.02%
  • gemini-dollarGemini Dollar(GUSD)$1.000.28%
  • neoNEO(NEO)$8.08-0.29%
  • cDAIcDAI(CDAI)$0.022157-0.22%
  • ImmutableXImmutableX(IMX)$0.702.18%
  • OKCOKC(OKT)$29.91-1.92%
  • THORChainTHORChain(RUNE)$1.76-1.85%
  • Tokenize XchangeTokenize Xchange(TKX)$6.610.75%
  • WhiteBIT TokenWhiteBIT Token(WBT)$4.10-0.39%
  • RadixRadix(XRD)$0.051885-5.61%
  • PAX GoldPAX Gold(PAXG)$1,882.52-1.05%
  • ArweaveArweave(AR)$10.07-2.44%
  • OsmosisOsmosis(OSMO)$0.96-1.39%
  • GMXGMX(GMX)$56.80-1.69%
  • FlareFlare(FLR)$0.043138-7.44%
  • Tether GoldTether Gold(XAUT)$1,893.00-1.40%
  • nexoNEXO(NEXO)$0.831.25%
  • BTSE TokenBTSE Token(BTSE)$2.86-7.67%
  • cETHcETH(CETH)$31.62-0.66%
  • OptimismOptimism(OP)$2.10-2.20%
  • RenderRender(RNDR)$1.4420.31%
  • Convex FinanceConvex Finance(CVX)$5.87-3.05%