What is ripple ? Ripple is a for-profit technology platform and also a cryptocurrency (XRP), developed by Ripple Labs. The company focuses on providing real-time payment settlements and currency exchange services to financial institutions such as banks and payment processors. Over 100 companies worldwide have adopted Ripple software to guarantee fast, frictionless transactions. Ripple is both a digital currency and a payments protocol, and it is the latter that has got people excited. Launched in 2012, XRP is different since its inception. XRP has a maximum 100 billion tokens of its currency, out of which 61 billion tokens are with the company itself. So, only 39 percent of the XRP coins are available for the market to use, transact and exchange. Features of ripple.. 1- Ripple (XRP) takes just 4 seconds to complete a transaction, 2-XRP cosistently handles 1,500 transaction per second ,24x7 ,and can scale to handle the same throughout as visa. 3-Open source technolo
Comments
Post a Comment