Connect with us


Ripple: Bahrain and Abu Dhabi are front runners in developing crypto-regulations, claims Dilip Rao

Biraajmaan Tamuly



Ripple: Bahrain and Abu Dhabi are front runners in developing crypto-regulations, claims Dilip Rao
Source: Pixabay

Ripple continued its strong performance in 2019 after the organization recently conducted its final Ripple Regionals event in Dubai. The event was attended by over 100 ripple users from across the world, with the community coming together to share their ideas and experiences based around RippleNet.

On a recent episode of the Ripple Drop, Reindhard Cate interviewed one of Ripple’s senior employees, Amy Hirth.

Amy Hirth, Senior Associate for Global Events, Ripple, explained that the current Ripple Regionals event was inspired by a previous event organized by Ripple. The idea of bringing together localized people from the Ripple community gained a lot of traction and made the sharing of significant practices in organizations very exciting, she stated.

She added,

“The regionals have been just an incredible opportunity to build momentum for what I like to call the big dog which is swell.  We are gonna see corners of the entire globe coming together in one place.”

Reinhard Cate also spoke to Dilip Rao, Global Head of Infrastructure Innovation, to discuss Ripple’s current scenario with centralized institutions like banks.

Dilip explained that Ripple was communicating with central banks around the world because centrals banks were regulators of their own financial ecosystems and operated their separate payment systems in their respective countries. In order to develop new technologies such as RippleNet within the system, it was essential to interact and act as an catalyst to bring out innovation.

Dilip Rao added,

“I am more interested in getting central banks to interact with DLT [Distributed Ledger Technology] and with crypto assets and that makes a big difference in adoption of these technologies here.”

Finally, he concluded by saying that Bahrain and Abu Dhabi global markets were leading the world in the development of regulatory frameworks for the adoption of virtual currencies, each essential to the future of the crypto ecosystem.

Subscribe to AMBCrypto’s Newsletter

Follow us on Telegram | Twitter | Facebook

Biraajmaan is an engineering graduate who is exploring the ever-changing crypto verse while traversing his passion for cryptocurrency news writing. He is a Chelsea fan and a part-time poet and does not hold any value in cryptocurrencies yet.


Ripple’s XRP Ledger Dev Portal unveils updated version of WebSocket API Tool




Ripple's XRP Ledger Dev Portal unveils updated version of WebSocket API Tool
Source: Pixabay

Ripple XRP Ledger Dev Portal revealed an updated version of the WebSocket API Tool. The latest development in the Ripple ecosystem will enable users to directly communicate with rippled servers, which is responsible for powering the XRP Ledger Network.

An official post detailing the WebSocket update stated that the tool has been incorporated with unique functionalities to the existing tool structure. The “refreshed tool” which was launched as part of the recent site relaunch, allow users to choose which servers to connect, which will include public servers that Ripple operates, XRP Test Net servers or any server that the user locally runs on its computer. This feature is called Server Selector.

The refreshed tool provides options to connect to Ripple’s general-purpose public XRP Ledger servers, full-history public servers, Test Net servers, or to your own server running locally. This list can also change to provide more options in the future.

Another feature incorporated in the latest update is the new Permalink button. The button provides a link wherein users can use to share the current state of their inputs, which includes the request body and the selected server. The official post detailed that the Permalink feature is similar to other web tools such as JSFiddle or CodePen, which “provides a way to prepare a set of inputs and share it with others.”

Another feature is the curl Syntax Button, represented by “>_ ” icon. The button is designed to load a popup with the current inputs of the request box, which is converted into a JSON-RPC call which can be made with the curl utility.

To eliminate simple syntax errors, the upgraded tool has incorporated a feature called Error Highlighting, which as the name suggests, highlights lines with errors by placing red circled X marks.

The Message History Management will display all types of messages in one single stream, which maintains a history of the user’s previous calls until the page is closed or a different server is selected or the history is cleared by selecting the “Clear History” button. The blog further detailed,

“The amount of history the tool keeps at a time isn’t unlimited, which is another change from the previous version. By default, any time the tool receives a new message, it deletes any messages older than the most recent 50, though you can set this to be any amount you like.”

Subscribe to AMBCrypto’s Newsletter

Continue Reading