Ripple Wins US Patent for New Oracle-Based Smart Contract Design...Good for XRP too?
Check out the discussion here:
https://www.youtube.com/watch?v=ZuS1Gzx-MBUBlockchain payments technology firm Ripple has won a patent for a design that can execute smart contracts based on data collected from the outside world.
So does this mean that we have to hoard Ripple as soon as possible? Prices may go up everytime there is good news and that is a tested and proven event in this industry. I was actually using Ripple or Doge in converting my funds way back 2017 due to it's low fees and faster transaction. And now here comes a good news from the Ripple team so maybe we have to wait for them to announce their future plans soon as they maybe having surprises for the cryptocommunity. In my country Ripple is one of the Altcoins that local exchanges supported.
I can agree about the convenience ripple is bringing to a lot of crypto users.
With their very low fee and fast transaction, this alt is a very good candidate in the payment system.
If they will continue partnering with institutions or merchants, they will boost their popularity of usage.
And getting US Patent, it means they are continuously improving their presence in the market.
And local exchanges supporting ripple, that is very nice actually. A very good alternative if you are avoiding the high tx fee of btc.