Ripple coin Review ,Price today and Prediction 2018

Ripple coin Review ,Price today and Prediction 2018

Ripple provides one frictionless experience to send money globally using the power of blockchain, Ripple is a real-time gross settlement system (RBTR), a foreign exchange market and a remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built on a distributed and open source internet protocol, a consensus registry and a native currency called XRP (ripples). Launched in 2012,
the Ripple network purports to enable “secure, instant and almost free global financial transactions of any size without debiting”. It supports any fiduciary currency, cryptocurrency, convenience or other valuable unit such as airmiles, mobile minutes4,5. Ripple is based on a shared public database or registry, which uses a consensus process that allows for payments, exchanges and remittances in a distributed process.

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The network is decentralized and can operate without Ripple (enterprise), it can not be closed. Validators include companies, Internet service providers and the Massachusetts Institute of Technology.

Ripple Used by companies such as Crédit Agricole, UniCredit, UBS or Santander, the Ripple protocol has been increasingly adopted by banks and payment Networks as settlement infrastructure technology11, with American Banker explaining that “from the banks’ point of view , distributed registers like the Ripple system have a number of advantages “including price and security over crypto-currencies like bitcoin, Litecoin, Ethereum ….

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