Ripple is a real-time gross settlement system, currency exchange and remittance network built on a distributed open-source protocol. It was created by Ripple Labs Inc., a US-based technology company, with the goal of enabling “secure, instantly and nearly free global financial transactions of any size with no chargebacks.” However, traditional cross-border payment systems have long…
Ripple, a trailblazer in the blockchain space, transforms global financial transactions through it’s decentralized network and native digital asset, XRP. Deviating from traditional financial systems, it tackles cross-border inefficiencies. As a pioneer, Ripple leverages advanced technology to redefine financial transactions, aspiring to create a more inclusive, secure and efficient global…
