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

Ripple (XRP)

1,253 Articles 1720 Followers

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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11 May 2020 1 minute read 2 comments NewCreationCapital

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11 May 2020 2 minute read 0 comments Jimmy D [ l Trybe.One]

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11 May 2020 2 minute read 0 comments CryptoUser

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Cryptocurrency Price Update: BTC, ETH, LTC, BAT etc Goes Down 2 Days In A Row Ahead Of BTC Halving

11 May 2020 1 minute read 1 comment Dominus1

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"COUGHVID" - App that listens to your cough and uses AI to predict whether you have COVID-19 !

10 May 2020 2 minute read 0 comments CryptoUser

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Is XRP ... - Q&A

10 May 2020 4 minute read 0 comments peterurb

XRP is a very controversial token. In these questions, I am answering about this token and I am trying to be impartial. ... centralised? Yes. It is not, cause most of the tokens own Ripple Labs (XRP are mostly in escrow and every month they get 1 bil...

99.9 % Of Crypto Will Fail. What's The Fair Value Of A Digital Asset?

10 May 2020 1 minute read 1 comment valuevision

99.9 % will fail...   ... you can hear this statement all over the place. It would be kind of a natural selection. Currently there are 5.439 cryptocurrencies. If only 0.1% will succeed, we would end up with only 5 to 6 digital assets.   But what's th...

XRP: $10,000 End Game?

10 May 2020 1 minute read 13 comments cosmic

  Welcome to my blog, once again. If you are reading this, then you should definitely follow this blog for more info on the upcoming and dying trends in the crypto world.    Now to the main point. Today, we educate ourselves on the future of crypto c...

Report: 3 Major Blockchains Are Not Used for Their Intended Purposes as Most of the Transactions are Valueless

9 May 2020 1 minute read 0 comments

Valueless Transaction Blockchains The research paper of three researchers unveils that most of the transactions on the three prominent blockchains are without value. These blockchains include XRP, EOS, and Tezos. In fact, these are just used for main...

Ripple Lawsuit Explained

9 May 2020 4 minute read 4 comments JamesIrving

  On May 1, 2020, it was announced that Bitcoin Manipulation Abatement LLC had sued Ripple Labs, Inc. and two other defendants in the US District Court for the Northern District of California. This post reviews the Plaintiff's Complaint document fil...