Ripple Wins Platinum Award At Future Digital Awards 2024

Ripple won the platinum award at the 2024 Future Digital Awards (Photo; Doc. Techcodex)

JAKARTA - Financial technology company Ripple has again scored brilliant achievements at the Future Digital Awards 2024 organized by Juniper Research. Ripple was named the winner of Platinum for the Best Cross-Border Payments Platform category, an award that recognizes Ripple's superior innovation in facilitating cross-border transactions. This victory shows Ripple's strength in presenting fast and efficient global payment solutions.

Reporting from Bitcoin.com News, this year's Future Digital Awards awards various companies that contribute to advances in financial technology (fintech) and digital payments. Apart from Ripple, several other big names have also won awards in various categories. Huawei, for example, won Platinum for Best Mobile Money Offering and Best Digital Wallet Platform categories, while SAP Fioneer won Platinum awards for banking service innovation with Virtual Account Management solutions.

Ripple also brought home a gold award in the CBDC Innovation category, which recognized the company's contribution to the development of central bank digital currencies (CBDC). This further strengthens Ripple's position as a leader in blockchain-based payment and financial technology solutions.

Ripple's advantages in the Best Cross-Border Payments Platform category cannot be separated from the RippleNet platform, which allows lower-cost inter-state fund transfers and faster transaction times than traditional banking systems. By leveraging blockchain technology, RippleNet provides a safe, transparent, and efficient solution for large financial and corporate institutions in sending and receiving cross-border payments.

Ripple CEO Brad Garlinghouse expressed his pride for this recognition. In a post on social media X, Ripple said, "We are pleased to announce that Ripple has been named the winner of Platinum in the Best Cross-Border Payments Platform category by Juniper Research's Future Digital Awards for Fintech & Payments 2024."