WHAT IS RIPPLE?
Ripple provides one frictionless experience to send money globally using the power of blockchain. By joining Ripple’s growing, global network, financial institutions can process their customers’ payments anywhere in the world instantly, reliably and cost-effectively. Banks and payment providers can use the digital asset XRP to further reduce their costs and access new markets.
With offices in San Francisco, New York, London, Sydney, India, Singapore and Luxembourg, Ripple has more than 100 customers around the world.
RIPPLE (XRP) An introduction
XRP The Digital Asset for Payments
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.
Scalable
XRP consistently handles 1,500 transactions per second, 24×7, and can scale to handle the same throughput as Visa.
*Source: 50,000 transactions per second, as of July 15, 2017
Distributed
Open-source technology, built on the principles of blockchain with a growing set of validators.
Stable
XRP’s five-year track record of stable technology and governance makes it ready for institutional and enterprise use. Established in 2012. Dedicated team of world-class engineers. Negligible energy consumption. All ledgers closed without issue since inception 35,049,278