The Crypto Basic is not responsible for any financial losses.
Her core message to XRP investors is to trust the technology and the intuition that led them to invest in XRP and Ripple’s solutions.
Accordingly, she urges investors to stay aware of the various ways this technology can be utilized. This partnership highlights the growing role of Ripple’s technology in addressing real-world challenges. This article is informational and should not be considered financial advice.
Ripple’s Partnership with the International Rescue Committee to Improve Aid Delivery
On October 16, Ripple announced a partnership with the International Rescue Committee (IRC) to use blockchain technology to improve the delivery of humanitarian aid. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion.
Readers are encouraged to do thorough research before making any investment decisions. However, Lory also advises investors to remain mindful of possible hidden agendas within some humanitarian organizations. Ripple’s global payments network, powered by the XRP Ledger, could offer a faster and more secure way to deliver aid in difficult environments.
Lory, a blockchain analyst, says this partnership demonstrates the potential for Ripple’s blockchain solutions to be adopted on a massive scale. Ripple has committed a $1 million, multi-year grant to explore how blockchain technology can streamline cash relief programs and cross-border transfers, particularly in crisis-affected regions where traditional banking services are limited.
The IRC operates in over 40 countries and has a strong track record of delivering aid, having provided over $70 million in vouchers and cash relief.
