$ 0.198823

About Ripple

Ripple was founded in 2012 under the name Opencoin. The company developed the Ripple Transaction Protocol, and the name of the company was changed to Ripple in 2015.

Ripple is generally focused on optimizing international transactions between banks, it’s designed to improve banks’ current payment system It developed three platforms: xRapid, xCurrent, and xVia. The accompanying coin XRP is be used on Ripple’s blockchain, making transactions between banks even faster.

The issuing of XRP is centralised. All 100 billion XRP that will ever exist have already been created and 40 billion of which have already been issued. The rest is still managed by the Ripple Foundation. Every month, the Ripple Foundation releases a maximum of 1 billion XRP into the market. Unused coins are retrieved from the market.

With offices in New York, San Francisco, London, Mumbai, Singapore, Sao Paulo, Reykjavík, Dubai and Sydney, Ripple has more than 200 customers worldwide and with SEO Sydney services it can reach much more customers locally.

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Ripple News


Pompliano: XRP May not Benefit from Ripple Success as a Payment Company   Anthony "Pomp" Pompliano, Co-founder Partner at Morgan Creek Digital is confident that the success of Ripple as a payment method can have negative effect on XRP over the long term. Pompliano has mentioned the reasons why he admires Ripple in the episode of The Pomp Podcast. As Pomp said, Ripple surpasses as a payment company based on blockchain technology, being able to form relations with banks as well as financial services around the world. Despite that Pomp is still not convinced that Ripple’s success will interpret into advantages for XRP. As he mentioned, he doesn't understad why people purchase XRP and try speculate on the price movements. He added that even if he saw the benefits of the XRP usage in the Ripple ecosystem, however,  he is not was optimistic about the crypto as an investment tool....

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Reasons to Buy Ripple

  • Fast & Cheap Transactions

XRP has fast transaction times and cheap transaction fees. A transaction currently takes about 4 seconds to be processed and costs under $0.004, so XRP will save banks lots of money in terms of fees.

  • Partnering with over 100 banks

Ripple is partnering with over 100 banks, including the Bank of America, UBS, Standard Chartered, Barclays, JP Morgan, Santander and American Express.

  •  Drastic Growth

XRP is currently the 3rd most valuable cryptocurrency in the world and over the course of 2017 the XRP value rose over 35,000%.

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