- RippleX capped a milestone with its first product launch, a Java library for the XRP ledger.
- The library comes with a multi-module architecture that was built with Maven.
RippleX, the open developer platform backed by firm Ripple Labs, has submitted its first project. The RippleX team announced on Twitter that it has launched a Java library that connects the XRP ledger to the XRP Ledger Foundation’s GitHub repository.
Possible applications in the financial space
Technical details of the project show that it is powered by an open-source application dubbed “rippled.” While this library does not provide a network client, it does support the difficult tasks of XRPL serialization and transaction signing, and provides useful Java bindings for XRP Ledger objects and rippled request/response objects.
The library comes with a multi-module architecture that was built with Maven, a Java-based automation tool. Users can convert seed phrases, public keys, and wallet addresses into the same Base58Check encoding that powers XRP wallets use.
While RippleX called the library a milestone, some users were quick to criticize it for using C++ as its codebase. However, as a Twitter user pointed out, the “rippled” application is a complete implementation of the XRPL protocol written in C++. The library is a partial implementation of the XRPL protocol written in Java.
“Libraries such as this allow developers to integrate XRPL features into existing environments. There are many enterprise solutions implemented in Java (especially in the financial world). This library will allow those to natively leverage XRPL functionality,” DevNullProd tweeted, explaining what the library does.
A fairly busy year for Ripple Labs
The new library underscores what has been a year of new products and developments for Ripple Labs. The blockchain company appears to be pivoting into active blockchain development, riding off the relative success of its on-demand liquidity (ODL) tool. The patent for RippleX was just submitted on August 22, and describes it and “Ripple Impact” as tools that facilitate electronic payment and monetary gifts in fiat currencies.
Asides from its patent filings, Ripple has also made significant business moves of late. Only yesterday it became known that Ripple Labs has completed the sale of 4 million common shares of MoneyGram. The sale was completed within 15 days, while the MoneyGram share has tanked significant. A Ripple spokesperson explained that the selloff didn’t indicate any bad blood between the two firms, adding that it was merely spurred by a desire to realize gains on Ripple’s MoneyGram investment.