{"id":563992,"date":"2020-09-25T17:38:02","date_gmt":"2020-09-25T14:38:02","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=563992"},"modified":"2020-09-25T17:38:02","modified_gmt":"2020-09-25T14:38:02","slug":"ripple-ceo-interoperability-is-pivotal-in-deploying-cbdcs-globally","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/ripple-ceo-interoperability-is-pivotal-in-deploying-cbdcs-globally\/","title":{"rendered":"Ripple CEO: Interoperability is Pivotal in Deploying CBDCs Globally"},"content":{"rendered":"
Quick take:<\/strong><\/p>\n The CEO of Ripple<\/a>, Brad Garlinghouse, has stressed the need for interoperability in the development of the various Central Bank Digital Currencies being explored by the multiple global central banks. According to Mr. Garlinghouse, a lack of these CBDCs to operate seamlessly with each other would be making the same mistakes that have crippled the software industry where one system cannot freely communicate with another.<\/p>\n Mr. Garlinghouse shared his insights via twitter and was responding to a recently published article by the team at Ripple stressing the importance of interoperability in any payment system. Below is his Tweet urging interoperability between Central Bank Digital Currencies<\/a>.<\/p>\n Over 70% of the central banks around the world are looking at deploying #CBDCs<\/a> – and one thing that's crystal clear is the importance of interoperability. If you\u2019re not prioritizing this, you\u2019re just rebuilding the same siloed system. https:\/\/t.co\/AZdS5YBU8K<\/a><\/p>\n — Brad Garlinghouse (@bgarlinghouse) September 24, 2020<\/a><\/p><\/blockquote>\n\n
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