What is Ripple?
In a world where three billion people are connected online, cars drive themselves and appliances can communicate, global payments are still stuck in the disco era. Ripple connects banks, payment providers, digital asset exchanges and corporates via RippleNet to provide one frictionless experience to send money globally. Built on the most advanced blockchain technology that is scalable, secure and interoperates different networks. Provides optional access to the world’s fastest and most scalable digital asset for payments, XRP.
Who created Ripple?
Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP (ripples). Released in 2012, Ripple purports to enable “secure, instantly and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.
- ACCESS – Connectivity across payments networks
- SPEED – Instant, on-demand settlement
- CERTAINTY – Real-time traceability of funds
- COST – Low operational and liquidity costs
How to Get Started with Ripple
1. Get Ledger Nano S Wallet – The most secure Ripple hardware wallet
2. Choose from the best sites to buy Ripple. I’ve selected the most popular & secure exchanges – reviewed and sorted by payment method
3. Buy Bitcoin – it is not possible to buy directly Ripple with USD/EUR
4. Exchange Bitcoin to Ripple and save it to your Ledger Nano S Wallet
Ripple Forecast 2018-2019
If you are looking for virtual currencies with good return, XRP can be a profitable investment option. Ripple price equal to 2.529 USD at 2018-01-08. If you buy Ripple for 100 dollars today, you will get a total of 39.536 XRP. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-01-06 is 5.855 US Dollars. With a 5-year investment, the revenue is expected to be around +131.48%. Your current $100 investment may be up to $231.48 in 2022.
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