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.


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

4 days ago 2 minute read yourmitchy $3.70 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...

Explaining Ripple's Most Recent Lawsuit with SEC

1 day ago 1 minute read Richard M Adrian $0.69 tipped

Tone Vays tweeted that Ripple is on an almost head on collision the United States Securities Exchange Commission. The Bitcoin proponent who is a host in  the Bitcoin Law Review and also works with Wall Street; Exclaimed that SEC is bringing Thor’s ha...

Banks and Cryptocurrencies

5 days ago 3 minute read Roberto D. $0.55 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...

Ripple Found A Bottom?

17 hours ago 1 minute read Oligon $0.03 tipped

As Ripple continues to drop, finally price seems to be printing a wider and more balanced corrective structure, which might just be a pause to resume the impulsive move down, however there are clear signs of bulls stepping in, for example look at the...

'XRP is a security' says Demelza of the Crypto Research report

1 day ago 1 minute read CryptoTapas.com $0.14 tipped

Demelza Hays, who is among the Forbes 30 under 30 Europe, runs Crypto Research Report, has agreed to answer our questions on XRP.  In the Q&A, Demelza maintained her stance that XRP is indeed a security.   She said "the reason XRP is a security is be...

Facebook is Dealing with Its Own News Administration

3 days ago 1 minute read goldenforex $0.05 tipped

Facebook is procuring a little group of writers to take a shot at its new area of the News Tab, which will start work not long from now. Albeit a large portion of the articles on the News tab will be made utilizing computer based intelligence, a grou...

Update 19: Cats cryptocurrency prediction experiment!

3 days ago 1 minute read Piet246 $0.05 tipped

After a week in which BTC dropped from $12000 to $10000 because of the dumping of BTC by plustoken scam on exchanges . I will give an other update of the prediction of Dikke Streep my cat. The expiment was as followed. I put 5 physical coins of crypt...

Israeli Controller will Give Fintech and Blockchain licenses

4 days ago 1 minute read goldenforex $0.03 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

4 days ago 1 minute read goldenforex $0.07 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

5 days ago 2 minute read MonoBlack $0.03 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

5 days ago 1 minute read zulonga $0.45 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...

Altcoin 08/18/2019 by dobobs

6 days ago 3 minute read dobobs $0.04 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 - Could this be the beginning of the end?

1 week ago 2 minute read viraladmin $4.11 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...