Case Study: XRP Ledger Foundation achieves real-time blockchain analytics with QuestDB

XRP Ledger Foundation cuts TCO by over 90% with QuestDB

The Inclusive Financial Technology Foundation, previously known as the XRP Ledger Foundation, needed a robust database solution to handle the vast amounts of time series data generated by the XRP Ledger blockchain and its Xahau smart contract sidechain. Their challenge was to replace a discontinued, high-cost legacy engine with a modern tool that could support complex queries and deliver high performance and reliability for real-time blockchain analytics.

QuestDB was implemented as the new database engine, selected for its superior query speed and data throughput over alternatives like InfluxDB and TimescaleDB. The solution powers complex queries across hundreds of gigabytes of transaction history, enabling user-facing applications to retrieve organized data in milliseconds. This resulted in a greater than 90% reduction in total cost of ownership and provides the entire ecosystem with timely and accurate data.

XRP Ledger Foundation