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XRPL Foundation Names Ripple CTO David Schwartz as Honorary Board Member

The appointment adds the original architect of the XRP Ledger to the XRPL Foundation, a nonprofit focused on supporting the XRP Ledger blockchain ecosystem.

XRP

Summary

The XRPL Foundation said David Schwartz, identified in the source as the original architect of the XRP Ledger, has been named an Honorary Board Member. Schwartz is widely known in the crypto industry as Ripple CTO. The move links a key technical figure behind the XRP Ledger to the XRPL Foundation, a nonprofit organization that supports development and growth around the XRP Ledger blockchain. Honorary board roles typically recognize strategic or technical contributions rather than day-to-day executive control.

Terms & Concepts
  • XRP Ledger: A blockchain network designed for digital payments and tokenized assets, known for fast settlement and low transaction costs.
  • XRPL Foundation: A nonprofit organization that supports the XRP Ledger ecosystem, including community development and related infrastructure.
  • Honorary Board Member: A board title usually given in recognition of expertise or contributions, often without regular management responsibilities.