RIPPLE.ORG | What is Ripple, XRP and how does it work?

Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments.

Read: MONERO | What is Monero and how does it work?

Use Cases BANKS
Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts.

PAYMENT PROVIDERS 
Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement.

XRP consistently handles 1,500 transactions per second, 24×7, and can scale to handle the same throughput as Visa.* 

Open-source technology, built on the principles of blockchain with a growing set of validators.

  

XRP’s five-year track record of stable technology and governance makes it ready for institutional and enterprise use.

RIPPLE: 
– Established in 2012 
– Negligible energy consumption 
– All ledgers closedwithout issuesince inception 
– Dedicated team of world-class engineers 

Benefits 
Fast- Payments settle in 4 seconds.

Today’s Payment Rails Don’t Cut It 

In a world where three billion people are connected online, cars drive themselves and appliances can communicate, global payments are still stuck in the disco era.

Why?
The payment infrastructure was built before the Internet with few updates.

Meet RippleNet 
Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally.

ACCESS 
Connectivity across payments networks

SPEED 
Instant, on-demand settlement

CERTAINTY 
Real-time traceability of funds

COST 
Low operational and liquidity costs

Better Than Any Blockchain 
Built on the most advanced blockchain technology that is scalable, secure and interoperates different networks. Provides optional access to the world’s fastest and most scalable digital asset for payments, XRP.

Growing Global Network 
Banks, payment providers and digital asset exchanges process and provide liquidity for payments on RippleNet, creating new, competitive cross-border payments services for their customers.

Ripple Insights 
Ripple Insights features industry updates, insider perspectives and in-depth market analysis. FOR

How to Buy XRP use this link: https://ripple.com/xrp/buy-xrp/