XRP Ledger Hackathon Puts Proposed Lending Tools in Developers’ Hands

Developers at a New York hackathon beginning Oct. 24 will build applications around proposed XRP Ledger lending features, giving the tools an early test before sustained validator support could put them into effect on the network. XRPL Commons is hosting the event with the XRPL Foundation and Swell. The program includes work on lending applications, protocol development and artificial intelligence payments. It offers more than $40,000 in prizes, and winners may receive access to grants and incubation. The proposed lending system relies on three amendments in the validator process.