Thanks Matt and David for the great work, We are building an e-commerce site for an unbanked market. Could we use the side chain to create our own tokens and have our own smart contracts and still be able to exchange our native tokens with xrp?
I have a quick question. Does it mean Ripple is building interoperability in its own ecosystem? Is it possible that this sidechain will connect XRPL with another blockchain?
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Exactly, this enables a bank to run a "private" network of rippled instances to issue their CBDC on and then connect that to the main public XRPL.
related: ripple.com/insights/ripple-pilots-...
Thanks Matt and David for the great work, We are building an e-commerce site for an unbanked market. Could we use the side chain to create our own tokens and have our own smart contracts and still be able to exchange our native tokens with xrp?
Yes, you could do that.
Wow, I appreciate you Matt. Thanks for the explanation.
I have a quick question. Does it mean Ripple is building interoperability in its own ecosystem? Is it possible that this sidechain will connect XRPL with another blockchain?