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World Economic Forum: Ripple Is Doing for Value What Internet Did For Information


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World Economic Forum (WEF), the international organization for public-private cooperation, has flaunted Ripple, the leading cross-border payment service provider and blockchain solution company, as its official partner. It also emphasized that Ripple is doing for value what the internet did for information.

The independent and not-for-profit Forum, which strives to demonstrate entrepreneurship in the global public interest, noted on its website that its choice of Ripple is because the San Francisco-headquartered crypto company is adding value to financial services worldwide.

The WEF added that Ripple brings forward developments and offers solutions capable of catalyzing a new digital economy for governments, businesses, and consumers. The blockchain company, therefore, enables global financial businesses and institutions to unlock greater economic opportunities for everyone.

According to the World Economic Forum, "Ripple is doing for value what the internet did for information: enabling its instant and seamless flow around the world. Using blockchain and cryptocurrency technology, Ripple is dedicated to creating powerful gains in financial efficiency, equity, and inclusion."

Above all, this development shows that Ripple is still regarded as a reliable crypto company despite the ongoing XRP lawsuit filed against the company by the United States Securities and Exchange Commission (SEC). The SEC led by Gary Gensler contends that the digital asset was sold as an unregistered security.


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