Ripple and Catalyze Research unite to boost XRP Ledger’s presence in South Korea’s crypto market, aiming to empower local developers.
Catalyze Research, a consultancy focused on Web3 and blockchain solutions, took to Twitter to announce a collaboration with Ripple. This partnership aims to bolster the presence of the XRP Ledger (XRPL) in the vibrant South Korean market.
Catalyze Research is thrilled to announce our partnership with @Ripple to expand the XRP Ledger's presence in South Korea.
"Catalyze Research and Ripple to Drive the XRP Ledger Adoption in South Korea"https://t.co/dlv0AxITJx
— Catalyze Research (@Catalyze_RS) July 26, 2023
Ripple and Catalyze Research Collab
The Ripple official blog featured the development, highlighting Catalyze Research’s reputation as a leading Web3 and blockchain consulting group. Together, Ripple and Catalyze Research seek to tap into the rich potential of South Korea’s crypto-based developer community, boosting XRPL.
At the heart of this collaboration lies a vision to empower South Korean developers. It will include an XRPL development education agenda targeted at the needs of South Korean software engineers.
The local developer community will also be engaged through workshops, meetups, and hackathons. Additionally, strategies will be devised to seamlessly integrate various decentralized finance and NFT-based dApps on the XRP Ledger ecosystem.
RippleX Growth VP Reacts
Markus Infanger, the vice precedent of RippleX Growth at Ripple, expressed enthusiasm for the collaboration, acknowledging South Korea’s status as a thriving hub for blockchain technology.
He emphasized their shared vision to foster growth and adoption, providing South Korean developers with the support to unlock the full potential of XRP Ledger.
Catalyze Research Reacts
Ben Ko, CEO of Catalyze Research, echoed a similar sentiment, stating that they aim to accelerate the growth of XRPL in South Korea by promoting innovation and collaboration.
The CEO envisions nurturing an atmosphere driving accelerated growth in South Korea, propelling the nation to global leadership in blockchain technology.
Notably, the collaboration with Catalyze Research represents one of many endeavors Ripple has undertaken in recent times to foster development and innovation. As The Crypto Basic reported, Ripple joined forces in a project to test the issuance of central bank digital currencies and stablecoins.