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 $3.65 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 $0.68 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. $0.54 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...

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...

Recent Lawsuit Against Ripple Explained

1 week ago 1 minute read Brawnd0 $4.20 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?

1 week ago 2 minute read viraladmin $4.05 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...

Top 5 Potential Moonshots

1 week ago 6 minute read paulOf91 $5.43 tipped

With altcoins struggling it is safe to say that Bitcoin is the only space-bound project that is on a bull run at this moment in time. However, we must never forget that the altcoin industry is still far from defeated as the development teams behind m...

BTC, ETH, XRP, LTC, BCH Price Analysis For 22-26 of July

22 Jul 2019 4 minute read CryptoChartWizard91 $11.22 tipped

The cryptocurrency markets have been falling this month after going on an epic surge during May and June 2019. With Bitcoin falling and creating lower lows it felt like a good time to provide a quick overview of the top 5 projects! Bitcoin Bitcoin ha...

'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...

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...