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Collaboration between cardano and ripple on privacy tech and XRP

Significant Collaboration

The conversation between Charles Hoskinson, founder of Cardano, and David Schwartz, CTO of Ripple, focused on the Midnight project, a blockchain dedicated to security and decentralized applications (dApps). Midnight uses zero-knowledge cryptography, allowing for secure and private transactions.

Impact and New Opportunities

Hoskinson expressed excitement about how Midnight could drive the development of secure dApps. Schwartz also described Midnight as “extremely interesting” and emphasized the importance of XRP in cross-border payments.

XRP and Market Trends

Recently, Ripple’s move with the ETF application also indicates XRP’s positive trend in the financial market. XRP’s price has reached its highest level in three years, amidst a return of investor confidence. Currently, increased collaboration between Cardano and Ripple could open up new opportunities for technological innovation in the blockchain field.

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