Ripple collaborates with DIFC Innovation Hub to accelerate the adoption of blockchain and encryption technology in the UAE

August 8 news, Ripple is collaborating with the Innovation Hub at Dubai International Financial Centre (DIFC) to accelerate blockchain and digital asset innovation in the UAE. Through this new partnership, both parties aim to jointly promote the application of blockchain and encryption technology in early-stage companies and scale-ups, while introducing this technology into traditional large strategic institutions and their use cases. Previously, Ripple had pledged to invest 1 billion XRP to accelerate the development of XRPL and new global use cases.