#Ripple and Central Bank of #Colombia to conduct joint research on blockchain applications

Ripple and Peersyst have partnered with the Banco de la República de Colombia in a joint effort to advance the implementation and use of blockchain technology.

This pilot program will focus on evaluating use cases for high-value payments using Ripple's CBDC (Central Bank Digital Currency) platform. That platform is based on the core $XRP Ledger technology.

Many think it's a big step, others think it's a step backwards from freedom, but in the end, the only way to know is to experience it.