David Schwartz was thinking of the solution for the world. In 1988 the Patent was done. 20 Years later bitcoin was release by a fake name online. The hype took 9 year for Bitcoin to hit records high’s @ 20.000 USD in late 2017.

Ripple XRP was born in 2012 with super fast transaction times, followed by very low fees

Partnerships (publicly known) Accenture[104] • Akbank[105] • American Express[106] • ATB Financial[107] • Axis Bank[105] • Banco Bilbao Vizcaya Argentaria (BBVA)[105] • BMO Financial Group[108] • Cambridge Global Payments[105] • Canadian Imperial Bank of Commerce (CIBC)[107] • CBW Bank[41] • CGI Group[109] • Cross River Bank[41] • * Davis + Henderson (D+H)[110] • Deloitte[111] • Earthport[42] • Expertus[112] • eZforex[105] • Fidor Bank[40] • Mitsubishi UFJ Financial Group (MUFG)[105] • Mizuho Financial Group (MHFG)[108] • National Australia Bank (NAB)[108] • National Bank of Abu Dhabi (NBAD)[107] • ReiseBank[107] • Royal Bank of Canada (RBC)[108] • Santander[113] • SBI Holdings[114] • SBI Remit[105] • Shanghai Huarui Bank (SHRB)[108] • Siam Commercial Bank (SCB)[108] • Skandinaviska Enskilda Banken AB (SEB)[105] • Standard Chartered[108] • Star One Credit Union[105] • Tas Group[115] • Temenos Group[111] • UBS[107] • UniCredit Group[107] • Volante Technologies[116] • Westpac Banking Corp[108] • Yantra Financial Technologies[117] • Yes Bank[105]

 

So is XRP the real bitcoin for the future, from being one of the original architects of the XRP ledger to contributing to the advent of the inter-ledger protocol with Stefan Tomas, David Schwartz, ripple’s leader cryptographer’s services to the crypto currency-world are numerous. Reports have these days surfaced that display the cryptographer’s contributions to computing and computer structures even earlier than they had been within the mainstream.

The year was 1988, with simply around 15% people families utilising personal computer systems. It become the age of the apple ii, the commodore 64 and the Atari st. David schwartz, then jogging his own enterprise referred to as david schwartz enterprises inc., filed a patent to the united states patent office for a computer device.

The laptop machine in query changed into a ‘multi-degree distributed laptop gadget’ for ‘dispensed processing’. It changed into additionally stated that the system is supposed for use with a ‘plurality’ of personal computers.

The device is designed to allow an assigned assignment that will be divided into a plurality of quantities, which might be then processed in a disbursed fash

ion. Unprocessed components of the undertaking are distributed to to be had computer systems on higher stages until all of the responsibilities were distributed.

This seems to be the first mention of allotted computing within the technology global, and the potentials for the invention were recognised by schwartz inside the original file. The patent states:

“the multilevel laptop gadget is specially properly ideal for use in an office, agency or the like in which a hierarchy of employees exists. Each person could be provided with a private pc which could be coupled to one of the degrees of the machine.”

The discovery is likewise aimed toward offering a pc system wherein the portions of the mission are transferred among computer systems, with a non-stop active interconnection between the computer systems being important and an goal of the patent.

“the multilevel computer machine is especially well suited for use in an office, organisation or the like in which a hierarchy of personnel exists. Every consumer could be supplied with a personal laptop which could be coupled to one of the degrees of the machine.”

Check out the patent: https://patents.justia.com/patent/5025369

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