Ripple (XRP)

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Ripple Labs created the Ripple network and the XRP token in 2012 with the purpose of making cheaper, faster cross-border payments. Ripple was thought of by Jed McCaleb (founder of the Stellar Foundation), Arthur Britto and David Schwartz, and developed from an earlier idea called OpenCoin. 

Ripple’s specific purpose as a settlement system has seen it form multiple partnerships with banks, forming a network that has since been termed as “RippleNet”. Ripple’s extensive collaboration with banks - including cross-border pilot programs - has won favor with financial institutions in several continents, and executives from the company have been known to discuss the implementation of decentralized financial systems with high-level financial industry insiders, like the IMF’s Christine Lagarde. 

Ripple also has close ties to SBI Financial Holdings, a Japanese financial giant that is keen on leveraging the token to improve financial services in Asia. President Yoshitaka Kitao has joined the Ripple Board of Directors. This, along with the extensive efforts to help banks test cross-border payments using Ripple’s technology, has emboldened investors, who believe that Ripple will act as something of a bridge between traditional banking systems and new technologically-empowered systems. 

Ripple’s quicker settlement times compared to Bitcoin (transactions take a few seconds to get validated) and its lack of energy-intensive mining has led some people to say that it is a better means of exchange than Bitcoin itself. Having said this, Ripple is still primarily focused on becoming a new form of SWIFT, one that can assist existing banks and its customers speed up international payments.

In this tag, read Ripple (XRP) news, price predictions, opinions and analyses created by users.


Ripple Gets Two New Partners!!!

1 hour ago 1 minute read Otek $0.04 tipped

Ripple already have a quite impressive list of partnership companies. But now 2 new partners:  Bottomline Technologies and Tranglo, are joining the Ripple team. They are start working on integrating Ripple’s technology for their cross-border payments...

XRP - The 2nd annual Flywheel set in motion report.

1 hour ago 3 minute read Ghengis $0.07 tipped

The second annual Blockchain in Payments Report reveals widespread adoption of blockchain-based payments by financial service providers. Strong adoption signals that both customers and providers have proven the value and feasibility of blockchain. M...

23/01/2020 : My new video Reply to Jungle Inc about BITCOIN for CROSS-BORDER PAYMENT

3 hours ago 1 minute read Digital Asset Thinker $0.05 tipped

Good everyone, I made this new video in English to reply to Jungle Inc, with respect of course, about a recent video done by Jungle Inc about Bitcoin and cross-border payments and Ripple and XRP : What do you think about what I say ? Thank you for r...

188M Ripple in total are moved from Bithumb to an unknown wallet in Jan

1 day ago 1 minute read Tokenhell.com $0.27 tipped

t has been reported by Whale Alert that over 188 million XRP has been transferred from the Bithumb exchange to an unknown wallet in the month of January 2020. Whale Alert tracks the large transactions from and to the crypto exchanges. Similarly, it h...

US-based company is testing Ripple Remittance Service to process transactions in Trillions of dollars

1 day ago 1 minute read Tokenhell.com $0.16 tipped

The US-based finance giant, Bottomline Technologies, is testing the remittance service of the blockchain-based giant Ripple. Ripple payment’s facility is already implemented by the famous financial institutions. Bottomline is a recognized payment pro...

How to use XRP to buy on Amazon!

1 day ago 1 minute read Roberto D. $0.27 tipped

Being able to spend your cryptocurrencies to buy on Amazon has always been considered one of the key steps for the mass adoption of cryptocurrencies, moreover we are talking about one of the largest e-commerce in the world, the largest if we only con...

When will the world economy come crashing down

1 day ago 2 minute read Ghengis $0.07 tipped

For many years now, I have been struggling to understand the world economy.  Firstly, in 1971 when then President Richard Nixon removed the US Dollar from the Gold Standard, thereby making it Fiat Currency (Fiat is Latin for "by decree").  Then, the...

Ripple (XRP): I would wait - Weekly Price Prediction

1 day ago 2 minute read Roberto D. $0.13 tipped

XRP: weekly market analysis (from 16 January to 22 January 2020 on BTC / XRP pair)   BTC / XRP the bulls seem charged, but it is better to wait for a break Waiting for the new candle of the month to open, the 30D chart is there to remind us that the...

WILL BITCOIN Price go 30 000$ during 2020 ? and Rational Reasons To Think Bullish on Bitcoin - BAT

1 day ago 1 minute read Digital Asset Thinker $0.22 tipped

Hello, first of all, I would like to thank  all my followers, you are more and more. And especially, I would like to express my gratitude to people who trust me and show their support. In this article, I would like to come back on Bitcoin Price and w...

Everything you need to know about Ripple (XRP) | the blockchain that shakes the World finance

1 day ago 2 minute read NassiroV $0.14 tipped

Image Source The ripple is a real-time gross settlement system, also known as a "RBTR", a foreign exchange market, and a remittance network. A real-time gross settlement system is one in which settlement instructions for transfers of funds or securi...