Ripple collaborates with DIFC Innovation Hub to accelerate the application of blockchain technology in the UAE

ChainCatcher news, Ripple is collaborating with the Dubai International Financial Centre (DIFC) Innovation Hub to accelerate blockchain and digital asset innovation in the UAE. Through this new partnership, both parties aim to jointly promote the application of blockchain and cryptocurrency technology in early-stage companies and scaling, while also introducing the technology to traditional large strategic institutions and their use cases.

Previously, Ripple committed to investing 1 billion XRP to accelerate the development of XRPL and new global use cases.