Ripple Strengthens Commitment to Blockchain Research Through UBRI Expansion

Formation of Ripple’s Advisory Council

A significant part of this initiative is the formation of Ripple’s Advisory Council, which includes top researchers such as David Schwartz, co-creator of the XRP Ledger, along with experts from partner universities. The inaugural group includes Dr. Hitesh Tewari of Trinity College Dublin, Dr. Yebo Feng of Nanyang Technological University, Dr. Hyunok Oh of Hanyang University, and Dr. Radu State from the University of Luxembourg.

Their focus will be on blockchain security, zero-knowledge proofs, and the potential impact of quantum computing on blockchain systems.

By collaborating with Ripple’s engineers, the Advisory Council aims to explore new applications for the XRP Ledger, driving its evolution and ensuring that academic research stays aligned with real-world blockchain needs.

Strengthening Ties with Academia

Ripple has also formed a new partnership with the University of San Francisco (USF), which will focus on blockchain’s applications in public service. USF’s Center for Law, Tech, and Social Good will work on developing blockchain legislation and policy at the state level.

Meanwhile, USF’s Department of Computer Science will establish an XRPL Hub to allow students to contribute to the XRP Ledger’s decentralization while gaining hands-on experience with blockchain technology.

This partnership bridges technical research and public policy, offering students a balanced approach to blockchain and its societal implications.

RLUSD Fuels New Initiatives

Ripple’s UBRI initiative has also adopted a new funding model, distributing over $1.5 million in UBRI grants using Ripple USD (RLUSD), the company’s U.S. dollar-backed stablecoin. This approach streamlines the funding process and gives universities valuable experience with digital currencies, ensuring that research remains cutting-edge and directly connected to blockchain technology.