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.


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6 days ago 1 minute read CryptoBitcoinChris $0.09 tipped

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1 week ago 1 minute read HowToVids $0.11 tipped

People thought that when only talking about crypto its only Bitcoin. Bitcoin is not only the player there are other bitcoins that also doing well. Not as much like Bitcoin, but we can’t neglect these altcoins. Their share is much less than Bitcoin bu...

Ripple Plans to get "In Maximum Force" To The African Market.

1 week ago 1 minute read alberdioni8406 $0.04 tipped

It's seems that the African Market is Hot and Many Prominent Companies are Looking into the Continent as the Future Of the Cryptocurrency.  After the expansion to the Old Continent ,South America and Asia particularly in Philippines where the Compani...

XRP before the fight for survival - Ripple gets again 1 billion XRP

1 week ago 4 minute read BlessedBoy $0.12 tipped

Ripple (XRP) is repeatedly discussed controversially. In particular, the centralized distribution of XRP tokens, which are more than 50% in Ripple, fire this issue again and again. Most of the XRP is held in a ripple-initiated escrow account (trust)...

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1 week ago 1 minute read CryptoBitcoinChris $0.32 tipped

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Ripple (XRP) Mid Term Analysis | XRP Has Formed Bullish Crab Pattern And Entered In Potential Reversal Zone

1 week ago 2 minute read moon333 $0.84 tipped

Started moving in channel: Since 3rd Nov 2019 on 4hr chart the price line of 3rd largest cryptocurrency Ripple had started moving in a down channel and on 7th Nov the price action crossed down the Basis of Bollinger bands and kept moving below the Ba...

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1 week ago 1 minute read andreaskanel $0.47 tipped

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1 week ago 1 minute read CryptoBitcoinChris $0.22 tipped

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Ripple: market analysis (November 21st to November 27th 2019 on BTC / XRP pair) - Price Prediction

1 week ago 2 minute read Roberto D. $0.19 tipped

Anyone who has two elementary trading concepts knows that when the timing of an operation gets too long, things get more complicated and risky, so the fact that today the price of ripple is basically back where it started from is not something to tak...

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2 weeks ago 1 minute read CryptoBitcoinChris $0.08 tipped

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