Ripple’s ODL metrics are published on its website as a Ripple subsidiary, as RippleX boss Matt Hamilton announced on a social media platform.
Just a few hours earlier, in discussion on Twitter with the block researcher Leonidas Hadjiloizou, Director of Developer Relations at RippleXDev Matt Hamilton revealed that adding ODL metrics to Ripple’s website was being discussed, but wasn’t sure about the specifics, as also said there are some “Aspects of trade secret” to take into account, but he mentioned that he was told that there were plans to provide data in the future.
This was discussed. Not sure why or why not etc. There are obviously some aspects of trade secret. However, I was told that there are plans to make this data available in the future
– Matt Hamilton (@HammerToe) April 17, 2021
Blockchain researcher Leonidas Hadjiloizou had previously tweeted this “Ripple should add ODL metrics to its website.” Which, as Hadjiloizou suggested, would not be too specific but enough to show that the product works and has been used. He suggested that the data could show open corridors, the amount transferred between a certain period of time (i.e. 24 hours, a month and all times), the transfer speed and the amount saved.
On-Demand Liquidity or ODL is Ripple’s blockchain-based product that enables payments, especially cross-border, to be executed faster, cheaper and more smoothly. Currently, numerous crypto exchanges host ODL-based corridors operated by Ripple in a number of countries e.g. B. the EU, Australia, Mexico and the Philippines.
Recently, on April 14th, Ripple expanded its partnership, originally agreed in December last year, with Novatti groups that will support remittance services between Australia and Southeast Asian countries. The partnership aims to bring a significant number of users to the Ripple platform.
It should also be noted that a few weeks earlier Ripple had published a white paper discussing its role in the digital currencies of the CBDC or the central bank. In particular, the white paper featured XRP, Ripple’s indigenous coin, as a bridge currency for CBDCs.