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Learn what is Ripple, how the Ripple protocol works and how you can invest in XRP ripple coins today
An excellent training about Cryptocurrency & Blockchain
Ripple XRP: How to buy and invest with Ripple cryptocurrency
Rippleis areal-time gross settlementsystem (RTGS),currency exchangeandremittancenetwork byRipple. Also called theRipple Transaction Protocol(RTXP) orRipple protocol, it is built upon adistributedopen sourceInternetprotocol, consensus ledger and nativecryptocurrencycalledXRP(ripples). Released in 2012, Ripple purports to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representingfiat currency, cryptocurrency, commodityor any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process. The network is decentralized and can operate without Ripple (enterprise), it cannot be shut down. Among validators are companies, internet service providers, and theMassachusetts Institute of Technology. Used by companies such asUniCredit, UBSandSantander, Ripple has been increasingly adopted by banks andpayment networksas settlement infrastructure technology, withAmerican Bankerexplaining that “from banks’ perspective, distributed ledgers like the Ripple system have a number of advantages over cryptocurrencies like bitcoin,” including price and security.
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