Ripple (XRP)
About Ripple
Ripple is a privately-held fintech company that provides a global payment solution via its patented payment network called Ripple Network (also known as RippleNet). RippleNet is a payment network that is built on top of Ripple's consensus ledger, called XRP Ledger (also known as XRPL). Ripple funded the development of the open-source XRP Ledger. Unlike most cryptocurrencies out there that cater to peer-to-peer needs, Ripple was made to connect banks, payment providers and digital asset exchanges, enabling real-time settlement expeditions and lower transaction fees with more scalability compared to other digital currencies and existing monetary platforms like SWIFT.
Resources
About Ripple
Ripple is a privately-held fintech company that provides a global payment solution via its patented payment network called Ripple Network (also known as RippleNet). RippleNet is a payment network that is built on top of Ripple's consensus ledger, called XRP Ledger (also known as XRPL). Ripple funded the development of the open-source XRP Ledger. Unlike most cryptocurrencies out there that cater to peer-to-peer needs, Ripple was made to connect banks, payment providers and digital asset exchanges, enabling real-time settlement expeditions and lower transaction fees with more scalability compared to other digital currencies and existing monetary platforms like SWIFT.