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Executive Order on Ensuring Responsible Development of Digital Assets
Within 180 days of the date of this order, the Director of the Office of Science and Technology Policy, in consultation with the Secretary of the Treasury, the Secretary of Energy, the Administrator of the Environmental Protection Agency, the Chair of the Council of Economic Advisers, the Assistant to the President and National Climate Advisor, and the heads of other relevant agencies, shall submit a report to the President on the connections between distributed ledger technology and short-, medium-, and long-term economic and energy transitions; the potential for these technologies to impede or advance efforts to tackle climate change at home and abroad; and the impacts these technologies have on the environment. This report shall be coordinated through the interagency process described in section 3 of this order. The report should also address the effect of cryptocurrencies’ consensus mechanisms on energy usage, including research into potential mitigating measures and alternative mechanisms of consensus and the design tradeoffs those may entail.
XRPL is carbon neutral since it uses a Federated Consensus algorithm and was built with scalability and sustainability in mind.
Again, as per my disclaimer at the top none of this is directly related to the XRPL. However it appears that a lot of the key focuses in this order lines up with the core principals the XRPL was built on and the main problems it solves such as interoperability/bridging different currencies (both physical and digital), energy efficiency, mechanisms to responsibly handle payments, and so on so forth.
XRPL is carbon neutral since it uses a Federated Consensus algorithm and was built with scalability and sustainability in mind.
Again, as per my disclaimer at the top none of this is directly related to the XRPL. However it appears that a lot of the key focuses in this order lines up with the core principals the XRPL was built on and the main problems it solves such as interoperability/bridging different currencies (both physical and digital), energy efficiency, mechanisms to responsibly handle payments, and so on so forth.
“Why No One from Ripple to Russia Has Been Able to Topple the SWIFT Monopoly” https://www.forbes.com/sites/jasonbisnoff/2022/03/08/why-no-one-from-ripple-to-russia-has-been-able-to-topple-the-swift-monopoly/amp/
Forbes
Why No One From Ripple To Russia Has Been Able To Topple The SWIFT Monopoly
While SWIFT’s role in the Russian invasion of Ukraine may be new, competitors from rogue nations to crypto nerds trying to circumvent the NATO dominated bank messaging system are far from new.