What is ripple (ripple)?

Ripple was first released in 2012 and was co-founded by Chris Larsen and Jed McCaleb. Ripple is a blockchain-based digital payment network and protocol with its own cryptocurrency, XRP. Rather than use blockchain mining, Ripple uses a consensus mechanism, via a group of bank-owned servers, to confirm transactions.

What is ripple remittance system?

Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc., a US-based technology company.

Can ripple be used as a transaction platform?

Large enterprises can also use Ripple as a transaction platform. Santander and Bank of America are a few using this network, demonstrating it already has larger institutional market adoption than most cryptocurrencies.

Why should you use ripple's crypto solutions for business?

With Ripple’s solution, we are able to strengthen our cash flow position, moving funds quickly and securely at a lower cost than existing banking routes. Success happens through change, not chance. Ripple’s crypto solutions for business enable you to drive real value and bring powerful financial innovation to your company.