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, 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 favour 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.


Recent Lawsuit Against Ripple Explained

6 days ago 1 minute read Brawnd0 $4.07 tipped

Bitcoin proponent Tone Vays has said that Ripple is about to face some severe scrutiny from the United States Securities and Exchanges Commission. Vays hosts the Bitcoin Law Review podcast, and has worked on Wall Street. He tweeted on August 13, sayi...

XRP - Could this be the beginning of the end?

4 days ago 2 minute read viraladmin $3.50 tipped

In May of 2018 Ryan Coffey filed several lawsuits in the state of California, USA against Ripple Labs, it's CEO Brad Garlinghouse, it's subsidiary XRP II, and several individuals whom relate to the project known commonly as XRP. Shortly after Ryan Co...

Ripple Donated $250,000,000 into its ex CTO's New Project - The Community is Pissed Off About It

17 hours ago 2 minute read yourmitchy $3.14 tipped

Dayum! Ripple has just donated over $250,000,000 into their ex CTO’s new project and not everybody is happy about it! Stefan Thomas, Ripples ex CTO, had launched his new project in 2018 that was to be known as Coil. It is a platform designed to make...

Israeli Controller will Give Fintech and Blockchain licenses

12 hours ago 1 minute read goldenforex $0.02 tipped

The Israeli capital market organization wants to change the dispersion of innovation licenses in the nation. Around 2,000 Fintech and Blockchain endeavors are at present looking for licenses from an administration controller. Because of excess, the W...

Binance Authority Twitter Record Hacked

13 hours ago 1 minute read goldenforex $0.05 tipped

The official Binance Jersey Twitter record was hacked by an unknown client @LightningNetwo9. As per a programmer's tweet on Binance Jersey, he is a security scientist with philanthropic thought processes. The programmer asserts that he could utilize...

Santander will include One Pay FX Ripple remittance service to Latin American clients

1 day ago 2 minute read MonoBlack $0.02 tipped

The bank is building a "payment broker" that would allow customers in Latin America to send money to the United States instantly and free of charge. Banco Santander, born in 1857 in the city of Santander, Spain, is undoubtedly one of the most influ...

LTC, XRP price analysis - 08/19/2019

1 day ago 1 minute read zulonga $0.37 tipped

This post is intended to make a quick analysis of Litecoin (LTC) and Ripple (XRP) prices in the medium term against the US dollar. Litecoin (LTC) According to Elliot wave theory, we are now going through correction wave 2 A, B, C with the current st...

Banks and Cryptocurrencies

2 days ago 3 minute read Roberto D. $0.44 tipped

The roots in history See Wikipedia under "bank" to find out the news that is interesting from a historical point of view. For example, we discover that banks are an Italian invention, which is developed between Florence, Venice and Genoa, between the...

Altcoin 08/18/2019 by dobobs

2 days ago 3 minute read dobobs $0.03 tipped

Live Cryptocurrency Market by: Coin360.com Bitcoin Experts Mock Another Claim on Satoshi’s Identity – Why Does it Still Matter? [coingape.com] The press release claimed that the Bitcoin creator’s identity would be revealed on two websites – www.Sato...

XRP Open Challenge: Make me a convert with logic instead of bullying strategies

4 days ago 1 minute read CryptoTapas.com $0.06 tipped

I posted this as a comment on another article and wanted to pose to all the XRP fans. Original comment here.  The same questions are enumerated here.   If Blockchain’s ultimate goal is to make current Banking/financial system redundant, how can a bil...

Ripple bids 1 billion ripple to win a browser payment startup

5 days ago 1 minute read CryptoArgha $0.17 tipped

Ripple (xrp) is currently third biggest cryptocurrency according to coinmarketcap Ripple aims to build a decentralized banking system with it's ecosystem and build in coin San Francisco based crypto company ripple starts to implent its features into...

Ripple Pumps 1bn XRP in to coil.com in hope of taking over the Content Sharing scene

5 days ago 1 minute read Spigfish $0.05 tipped

Colil.com had earlier this year a partnership and $20M investment into Imgur.Users pay a $5 monthly subscription, which is paid out to content creators on a streaming basis depending on how much content the creator has. Xpring has just allowed 1 bill...

XRP Has Crashed by 40% on an Exchange, Coordinated Sell-Off?

6 days ago 1 minute read XRP_Gato $2.78 tipped

XRP owners may have been hit with a small heart attack after reading that the XRPBTC trading pair on one exchange had crashed to 40% of its value. However, in reality, there is NOTHING to worry about at all. The exchange was Beaxy, a very small time...