Since supporting NFTs, RippleLabs’ main goal is to accelerate the mass adoption of tokenization, or representing real-world assets on a blockchain.
David Schwartz, chief technology officer of Ripple Labs, told CoinDesk in an interview this week that the goal is to enable mass adoption of tokenization – representing ownership of real-world things through NFTs – by offering lower costs, higher speeds and improved security over existing blockchains. Ethereum is among the incumbents.
“You're going to see projects based on things like carbon credits and real estate ownership and all these different use cases,” he said in an interview. “Anything that you can own all or some of that is unique, that can be represented by an NFT.“ Ripple is entering the NFT space at a time when royalties for digital creators are in the spotlight. Prominent marketplaces including
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