Ripple SVP: Blockchain for Good with Internet of Value

Eric van Miltenburg, SVP of Strategic Initiatives at Ripple, says the company’s vision is to enable the Internet of Value. Miltenburg says this vision comes from the idea that value can move as easily as data on the internet.

On the Thinking Crypto podcast, Miltenburg said Ripple’s creators started the project to enable value interoperability. He explained that the blockchain solution allows value to move as efficiently as physical goods and data.

Miltenburg believes blockchain technology is still in its early stages, including Ripple and its solutions. He mentioned some of the initiatives he and the Ripple team are working on, like Ripple Impact.

Miltenburg said Ripple Impact goes back to the company’s original goals and is part of the firm’s DNA. He said Ripple’s technology is not only good for business but also unlocks value and helps with some of the problems facing the world.

Miltenburg explained that Ripple has approached its solution in different ways. Ripple Impact is the firm’s corporate giving and philanthropic arm. He mentioned some of the initiative’s parts, including employee volunteering, which is a way Ripple gives back to the community.

Ripple’s Response to Emergencies

Miltenburg said that when problems, emergencies, and disasters happen in places where Ripple has offices, the company gives money. Beyond philanthropy, Miltenburg highlighted three core parts of Ripple’s activities, including education. Ripple started an initiative called the University Blockchain Research Initiative (UBRI).

Read also: Ripple Custody Backs XRPL Tokenization Amid Market Struggles

Miltenburg said Ripple believes in the sustainability of the XRP Ledger (XRPL), saying it has a low carbon footprint compared to other blockchain protocols. He added that Ripple is working to make XRPL even more sustainable.

Lastly, Miltenburg said financial inclusion is one of Ripple’s three core goals. He explained that it is an important need and a key benefit of Ripple’s technology. It makes moving money more efficient, secure, and reliable at a low cost. He believes this can help create a more inclusive economy.

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