Following its launch in December, Xrp Classic, a carbon-free, eco-friendly regenerative finance (ReFi) blockchain, is now set to develop eco-friendly blockchain technology with the integration of the ReFi blockchain into all section to contribute to a decarbonized world.
The news comes after the blockchain received confirmation from SolidProof on credibility and contract software authenticity. Evan James, Developer at Xrp Classic, noted, “In investments to save our planet from the destruction of climate change, blockchain technology will start a new era with sustainable and transparent solutions. We are proud to pioneer this change.”
Xrp Classic to Promote ReFi Sector in The Industry
According to a press release, Xrp Classic is laser-focused on the ReFi sector in the industry as it claims to be positioning itself as a solution that will thrive the more cryptocurrency exchanges mature by representing best practices in the ReFi sector.
ReFi, also known as regenerative finance, is a new economic process to bring about effective changes for the world as well as financial returns with the help of blockchain technology. By conjoining positive and negative externalities while putting users’ protection in mind, ReFi incorporates a stable and regenerative approach to steer the financial system aiming to democratize access to financial services.
Aside from building Xrp classic, James said the company is developing its ReFi blockchain to offer eco-friendly transactions while managing minimum trading fees. “The impact of ReFi is getting bigger, and today we see that even banks, which are the actors of the traditional finance ecosystem, are taking steps towards ReFi. Looking at the indicators, ReFi is likely to become a trillion-dollar economy,” James concluded.