Ripple protocol
Overview
Ripple operates as a settlement system, currency exchange platform, and remittance network that processes transactions in real time. The network relies on a distributed consensus ledger and its native digital asset, XRP, to enable international payments that are both rapid and inexpensive. Financial institutions constitute the primary user base for Ripple, employing it for cross-border transfers.
Relations
No connections recorded for this entity in The Counterparty knowledge graph yet.
Frequently asked questions
What is Ripple?
Ripple is a protocol tracked in The Counterparty knowledge graph.
What type of entity is Ripple?
Ripple is classified as a protocol (protocol) in The Counterparty knowledge graph.