Ripple is the name of a blockchain network striving to transform the banking industry into a more internationally connected system. The company has launched the RippleNet, which promises to be “One frictionless experience to send money globally.”
Basically, by partnering with Ripple for cross-border payment settlements, banks and merchants are able to send money anywhere in the world with fewer wait times, significantly lower fees and more transparency on a network that’s extremely robust against hacking attempts.
As far as cross-border payments are concerned, let’s see if Ripple is making a ripple.
Spread the word