While Ripple focuses on global cross-border payments through a public, decentralized ledger, Google's blockchain is aimed at optimizing internal corporate processes for its existing cloud customers.
The conversation often shifts toward whether Google’s entries into the space will "kill" XRP or if both can coexist. google buys ripple
Google and Goldman Sachs were co-investors in Ripple, providing technological and financial expertise during its early stages. While Ripple focuses on global cross-border payments through
Google recently unveiled GCUL , a private, permissioned blockchain designed for financial institutions, which is considered a competitor to the XRP Ledger (XRPL). permissioned blockchain designed for financial institutions
“Corporate solutions like Google's GCUL are designed to optimize internal corporate processes, whereas XRP is aimed at enabling global cross-border payments.” YouTube · Jake Claver
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