What is Ripple: Features and Benefits

Posted by gehex on October 21st, 2021

Ripple supports transactions of not only native XRP token, but also fiat currencies such as US dollars, euros, British pounds and yen. Ripple can work with other cryptocurrencies, including Bitcoin, and even with digital markers of real goods and services. Ripple aims to compete not with Bitcoin or Ethereum, but with major money transfer systems. Ripple brings blockchain speed and security to the payments industry.

Ripple is a proprietary cryptocurrency (XRP) commercial technology platform developed by Ripple Labs. The company specializes in providing real-time payment settlements and currency exchange services to financial institutions such as banks and payment systems. More than 100 companies around the world have implemented the Ripple software.
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