Ripple CTO David Schwartz has recently shared his insights on the potential changes coming to the decentralized finance (DeFi) landscape in 2024. One of his key predictions is the increasing popularity of tokenizing real-world assets (RWAs).
Experts believe that the use of tokenized RWAs, specifically powered by the XRP Ledger, can significantly boost the institutional adoption and interoperability of Ripple (XRP). This suggests that the tokenization of assets will play a crucial role in the future of DeFi.
Schwartz also highlighted the synergy between artificial intelligence (AI) and blockchain as a significant trend to watch out for in the coming year. He believes that the combination of these technologies can have a profound impact on cybersecurity and financial services.
The rise of AI-based altcoins like InQubeta (QUBE) further exemplifies the increasing influence of AI in the crypto sector. InQubeta, an Ethereum-supported platform launched in 2023, has gained significant traction for its role in helping startups find investors. With its versatile native cryptocurrency, the QUBE token, InQubeta has established itself as a reliable fundraising option for AI startups.
What sets InQubeta apart is its departure from traditional fundraising methods. The platform offers a modern investment model that is faster, more seamless, and transparent. Through its NFT marketplace, startups can offer tokenized assets as rewards to their investors. These assets represent the projects and can be purchased using QUBE tokens.
In addition to funding, InQubeta provides various support services for startups. These include mentorship and guidance from experts in the AI sector, assistance with legal matters, and access to a network of professionals and investors through social media and marketing channels. With these comprehensive services, InQubeta aims to provide startups with invaluable resources for their growth and development.
Ripple, on the other hand, continues to make waves in the crypto world with its high-speed payment solutions. The XRP Ledger technology, which underpins the Ripple ecosystem, provides scalability and flexibility that make it appealing to businesses looking to leverage blockchain for expansion.
Ripple’s native token, XRP, has also maintained its position among the top 10 cryptocurrencies on leading exchanges, making it an attractive investment option for many. Furthermore, Ripple’s involvement in helping governments launch central bank digital currencies (CBDCs) showcases its global impact and potential for further growth.
Despite regulatory challenges faced by the crypto industry in 2023, Ripple has managed to overcome them. The recent legal victory against the US Securities and Exchange Commission (SEC) has further solidified Ripple’s standing.
Looking ahead, Ripple is expected to explore new growth avenues in Web 3.0 and blockchain technology. Schwartz hinted at the potential use of tokenized RWAs in sectors like real estate and commodities, which could open up exciting opportunities for Ripple.
Partnering with global players like SBI Holdings and TradeFinex, Ripple is well-positioned to continue its upward trajectory. And with InQubeta’s rapid growth and contribution to the DeFi landscape, both Ripple and InQubeta are set to make a significant impact in 2024.
As these two tokens bring DeFi solutions to enterprises, they have the potential to reshape the global business landscape. Ripple’s blockchain solutions can help businesses overcome growth challenges, while InQubeta provides startups with a streamlined platform for raising funds and accessing valuable resources.
In conclusion, the collaboration between AI and blockchain, the tokenization of RWAs, and the continued growth and innovation of Ripple and InQubeta are shaping the future of DeFi. These trends forecast a promising year ahead for the crypto industry as it continues to evolve and disrupt traditional financial systems.
