Ripple (XRP) News, Price Predictions, Opinions and Analyses Created by Users

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.


Digital Asset Thinker : CRYPTOCURRENCIES, DEMOCRACY, and FREEDOM OF CHOICE on VACCINATION

18 Mar 2020 1 minute read 1 comment Digital Asset Culture - YouTube Channel - France

Hello everyone, The actual situation is giving the impression that something is going to happen in the economy and cryptocurrency space. In France, more and ore companies are closing, and public places also. The thing is that we want to keep some fun...

Coinbase held payment for the first time... Good thing Bitcoin is on its way back up!

17 Mar 2020 1 minute read 5 comments Thomas Wolf

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17 Mar 2020 1 minute read 0 comments NewsBitcoin247.com

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Digital Asset Thinker : BRAVE BROWSER and REMOTE WORKING to GET MORE BAT CRYPTO - Basic Attention Token, opportunity ?

17 Mar 2020 1 minute read 2 comments Digital Asset Culture - YouTube Channel - France

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Whales successful in Uplifting Price above $5k: the next target might be $6,400

17 Mar 2020 1 minute read 1 comment NewsBitcoin247.com

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Unprecedented Inability for Miners to Profit at all Recently, But...

17 Mar 2020 2 minute read 2 comments Thomas Wolf

This is my biggest fear with Bitcoin, and cryptocurrency in general at the moment.  For the first time in history, the price of Bitcoin vs. the cost to mine reached a point that is no longer profitable for miners.  This means the miners will quit min...

NoCoin Ushers In A New Era In Digital Transaction Technology Promising To Reshape Financial Markets

17 Mar 2020 3 minute read 19 comments Smoljanović

NoCoin Ushers In A New Era In Digital Transaction Technology Promising To Reshape Financial Markets Mankind Is Already Hardwired To Believe Humanoids are already hard wired with the innate ability to sincerely believe in things that can't be scienti...

Bitcoin recovering, Altcoins to follow with BAT leading the way

17 Mar 2020 1 minute read 1 comment Thomas Wolf

As one would expect, Bitcoin in a rise means all coins in a rise, with few exceptions.I've been monitoring the BTC recovery and it's currently up to $5,410 after being down to $4,400 yesterday.  I managed to get my BAT payout for the week during that...

Ripple Executive tweets about remote work Due to Covid-19 Meanwhile 212M XRP were transferred

16 Mar 2020 1 minute read 0 comments NewsBitcoin247.com

The spread of the Coronavirus epidemic across the world is accelerating day by day even though Covid-19 has been regarded as the global pandemic by the World Health Organization (WHO). With the Coronavirus outbreak, various companies are advising the...

ARE WE IN FOR ANOTHER DUMP?

16 Mar 2020 1 minute read 0 comments Franklinlee

  A have a friend (real smart guy if you ask me), and he knows that the Crypto market is highly manipulated so what does he do. He religiously follows Whale Alert on Twitter and he watches out for large BTC whale moves to exchanges. He knows what the...