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.


Ripple (XRP) Finally After 2 Years On Weekly Chart RSI Entered In Oversold | XRP Turning Bullish And Ready To Hit The Key Level Resistance At $0.31

1 week ago 1 minute read moon333 $0.26 tipped

On week chart the Ripple is moving in a falling wedge. The formation of this chart pattern was started in Aug 2018 and now after Aug 2018 this is the price action has hit the support of this wedge in Dec 2019 and with hitting at support of wedge the...

Top 5 Altcoins to Invest in [2020] Updated

1 week ago 2 minute read Tokenhell.com $4.33 tipped

Investors and traders become very conscious, when there is a right time to invest in any digital asset of cryptocurrency. Analysts remain updated about the trends and movements of different cryptocurrencies and publish their prediction about the pric...

Ripple enables SMEs to send and receive Payments across the borders

1 week ago 1 minute read BitcoinNews.Today $0.08 tipped

Ripple is known for providing cross-border payments services. The company has made many partnerships with giant banks to make the payments activity across the borders fast and at low costs. They have recently enabled the Small and Medium Enterprises...

XRP & Ripple - Coin Bureau Insights

1 week ago 1 minute read Kieran Alexis $0.16 tipped

HODLing XRP Ain't Easy.    I've got a small amount of XRP and I have to say, It's hard with all the rumours and general shade. And, of course, the godawful price :/  Coin Bureau is a growing UK based channel, and I like their style - decent research...

Premium Technical Analysis Cryptocurrency Market Giants War One

1 week ago 2 minute read Rubika Ventures $2.04 tipped

We are sending free trade signals to Bitmex, Bybit, Derebit, and Binance on https://t.me/rubikaventures. Join us Now! We Lost The Battle But Not The War In recent days at Rubika Ventures we have lost the battle for the futures market due to the litt...

Digging Deeper BTC,Satoshi and The XRP/BTC Theory (Part 2 of 3)

1 week ago 6 minute read cryptochris $0.46 tipped

HELLO MY Friends!  We're Digging DEEPER to try and REALLY Understand what Bitcoin is and why was it created! All WHILE Really looking at the "Coincidences" that we now can look back on!  First off, DO YOU PERSONALLY BELIEVE IN COINCIDENCES? Now I Kno...

3 Types of Costs for Ethereum 2.0 Validation Calculated by Jim McDonald

1 week ago 1 minute read BitcoinNews.Today $0.18 tipped

A researcher has attempted to foresee the expenses and costs for the validation of Ethereum (ETH) 2.0. He presents three kinds of costs for this validation. Jim McDonald is a researcher from the Attestant staking service provider. He has tried to gue...

China’s Central Bank Implements Strict Financial rules: People are turning to Bitcoin

1 week ago 1 minute read BitcoinNews.Today $0.11 tipped

he Central Bank of China is going to update the policy that comprised of strict rules and regulations for people’s financial information. The new financial guideline framework will affect the public’s private information. The government’s financial p...

LINK Token Holders can earn interest with DeFi App “AAVE”

1 week ago 1 minute read BitcoinNews.Today $0.08 tipped

Chainlink (LINK) token holder will now be able to earn interest on DeFi application “AAVE” The DeFi application Aave is an Open Source and Non-Custodial protocol to earn interest on deposits and borrow assets. This money market protocol has planned t...

IDAX Review 2020 | Is IDAX Safe or Not? (Tokenhell.com)

1 week ago 4 minute read Tokenhell.com $1.82 tipped

IDAX crypto exchange is an international trading platform that has made its worth among the top 15 crypto exchanges within the duration of only a few months after its development. So, our today’s review is about IDAX crypto exchange. There are some o...