XRP: THE BEDROCK OF DEFI SPACE

By ELEVATED1000X | ELEVATED1 | 5 Jul 2021


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XRP dominating DEFI space as it leads the old financial infrastructure into the new financial infrastructure as the underlying digital asset.

XRP strategically placed within the ISO 20022 Standard ecosystem and part of the Interledger protocol family is the most scalable asset on the

planet at an impressive 1,500 transactions per second and a highly sustainable digital asset. XRP is run by 150 validators globally open-source with a

seven-year track record of innovation and stability in the space ideal for financial institutional.

XRP UNIQUE DESIGN FEATURES

GREEN TECHNOLOGY-Settled through XRP Ledger no mining, no proof of work

DEX- Microtransactions function based on established trust lines to send cryptocurrencies to one another within seconds

ISSUED ASSETS-Can be used to issue NFTs and all currencies as listed on a DEX

ESCROW-Releases assets at a stated pre-determined time as an automatic payment

HOOKS-Work similar to smart contracts setting triggers on accounts as events occur

notifies when something happens, to send instant autonomous payments on point.

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ON DEMAND LIQUIDITY (ODL) An external bridge between two currencies reducing operational costs and the need for pre-funding accounts

Sending money is quick and efficient. The beneficiary receives payment within 3 seconds anywhere in the world in their currency.

Cross border intermediary for instant payments worldwide at lower pricing network transaction fee at the time of writing $0.0000410

PAYMENT SETTLEMENT TIMES

*BTC over 3000secs

*ETHER over 100secs 

*XRP 3-4 secs

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With massive partnerships a long list of heavy hitters American Express, Western Union, R3, SBI Remit, Mintable, National Bank of Abu Dhabi, the future is bright, and longevity assured

XRP currently trading at $0.68 trading volume $1B and market cap $32B

 

 

 

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ELEVATED1000X
ELEVATED1000X

World Traveler Cryptocurrency Advocate


ELEVATED1
ELEVATED1

Strong Passion for Cryptocurrency space

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