Ripple is good for long term investment because Ripple will be supporting carefully selected educational science, engineering, mathematics and financial technologies projects with the help of recently established $105 million fund.
The biggest part of the allocated funds will be gathered from the investors.
The partner of the initiative will be the non-profit organization RippleWorks, which coordinates volunteer and community work.
Ken Weber, head of social programs at Ripple: Education is a key driver that will lead to a wider dissemination of innovation in business, finance and computer science. First of all, our work is aimed at people with limited access to banking services.