What Is Ripple Cryptocurrency

Bernis · Geregistreerd op: 12 Sep 2019 Berichten: 14

Ripple is a commercial technology platform with its own cryptocurrency (XRP), developed by Ripple Labs. The company specializes in providing real-time payment settlements and currency exchange services to financial institutions such as banks and payment systems. More than 100 companies around the world have implemented Ripple software. Translated into Russian, the word Ripple means "ripple", that is, when creating this currency, it was assumed that it would contribute to the development of the ecosystem as a whole.

The creators of Ripple have rethought a very old money transfer scheme that existed in the Middle Ages. There were no banks then, and if you wanted to send money from city to city, you had to resort to the services of a payment agent. The process worked as follows. You give the payment agent a certain amount + commission and tell him the password that is known to your friend or business partner living in another city. An agent from your city contacts the same agent living in that city and asks him to transfer the agreed amount to someone who knows the password. And already this agent transfers the money.

Coco · Geregistreerd op: 12 Sep 2019 Berichten: 10

Just on this occasion, I can advise everyone to read useful information about the ripple and novatti cooperation, as this will give you an understanding of how much cryptocurrency has entered our lives. By the way, right now anyone can trade and invest in crypto, as it is really very profitable. I have been using a trading bot for over a year now and I am very glad to have such interaction with napbots.

Deret · Geregistreerd op: 04 Apr 2023 Berichten: 26

Hello, the topic of cryptocurrencies has become very popular all over the world in recent years, and many people currently have very impressive amounts of cryptocurrencies on hand, which are quite difficult to exchange for fiat money in some countries due to current legislation or high taxes. That is why many people use a crypto exchange, for example, to exchange trc-20 to btc, where there are no taxes on income from such operations.