Ripple plans to enable financial institutions and retail clients to view data on ODL usage on its corporate website
During a discussion on Twitter, the director of developer relations at RippleX, Matt Hamilton, shared that in the future Ripple plans to add ODL metrics to its website to show it to institutional clients as well. and personally.
This has been discussed. I’m not sure of the specific details as to why or why not etc. There is obviously some commercial confidentiality aspects. But I was told that it is planned in the future to make this data available
— Matt Hamilton (@HammerToe) April 17, 2021
Ripple intends to provide ODL metrics on its website
In a recent tweet, blockchain researcher Leonidas Hadjiloizou, who often shares XRP data, suggested that Ripple should show ODL metrics to anyone on the company’s website. He believes that it is not necessary to show much detail but is sufficient for financial institutions and individuals to see that the product is active and in use.
On-Demand Liquidity (ODL) is a Ripple’s product for fast and low-cost transnational money transfers using XRP.
This can include active ODL corridors, the number of XRP transferred at different times – from 1 hour and 24 hours to the total amount of XRP sent since ODL launch, etc.
Ripple’s head of development RippleX platform Matt Hamilton replied that this opportunity has been discussed. He couldn’t share any specific dates on the launch of the ODL metrics on the Ripple website but wrote that the company intends to do this in the future. He doesn’t say exactly when this will be done.
There are several ODL-based corridors offered by Ripple on cryptocurrency exchanges – in the EU, Mexico, the Philippines, Australia, and now another has been established after Ripple partnered with the bar operator. Novatti Australian math. Another Ripple partner, FlashFX, has also announced the creation of several new ODL corridors recently.
You can see the XRP price here.
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