Ripple was founded by Chris Larsen, David Schwartz, Author Britto, and Jed McCaleb in 2012.
The Genesis of Ripple: A Collaborative Effort
The blockchain technology company, widely known today as Ripple, began its journey in 2012. Its establishment followed the foundational work on the XRP Ledger. The company's original name was OpenCoin, which underwent a series of name changes before it officially became Ripple.
The core individuals instrumental in the creation and early development of Ripple (originally OpenCoin) brought diverse expertise to the venture, laying the groundwork for its innovations in global payments and digital assets.
Key Founders of Ripple
| Founder Name | Role/Contribution (Initial) |
|---|---|
| Chris Larsen | Co-founder, Executive Chairman (later CEO) |
| David Schwartz | Co-founder, Chief Cryptographer, designed the XRP Ledger |
| Author Britto | Co-founder, Key Contributor to the XRP Ledger's architecture |
| Jed McCaleb | Co-founder, architect of the XRP Ledger |
From OpenCoin to Ripple: An Evolution in Identity
The company's initial identity as OpenCoin reflected its open-source and decentralized aspirations at its inception. However, to better align with its evolving mission and broader financial services focus, the company transitioned through various branding iterations. This strategic shift culminated in the adoption of the name Ripple, which is now globally recognized for its blockchain-based payment solutions. This evolution underscores the company's journey from a nascent cryptocurrency project to a significant player in the FinTech landscape.
