WHAT IS ?

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 

It’s the fastest and most scalable digital asset, enabling real-time global payments anywhere in the world.

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

 

 

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