Ripple and UC Berkeley Launch $1.3M Center for Digital Assets

The collaboration will focus on blockchain and digital twin research, funded in RLUSD to promote innovation in emerging technologies.

RLUSD

Summary

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Terms & Concepts
  • Blockchain: A decentralized digital ledger technology that records transactions across multiple computers securely and transparently.
  • Digital Twin: A virtual replica of a physical asset, process, or system that can be used for simulation, analysis, and optimization.
  • RLUSD: Ripple's U.S. dollar-pegged stablecoin used for funding and transactions within its ecosystem.