What is Ripple? - PowerPoint PPT Presentation

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What is Ripple?

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Ripple is a payment network for financial institutions that allows both receiving and sending of any form of currency and settle transactions quicker and more cheaply. – PowerPoint PPT presentation

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Title: What is Ripple?


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WHAT IS RIPPLE?
BITFORT
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What is Ripple?
Ripple is a payment network for financial
institutions, mainly banks, that allows them to
both receive and send any form of currency, both
fiat and cryptocurrency, and settle transactions
quicker and more cheaply than their existing
back-end systems.
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Origin
OpenCoin is the name of the company that built
the Ripple protocol. It was co-founded by CEO
Chris Larsen and CTO Jed McCaleb. The latter is a
well-grounded in digital currency and was heavily
involved in MT. Gox, which was once the most
renowned bitcoin exchange on the planet.
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Benefits of Ripple
-Can be used to exchange various currencies,
including bitcoin. -Payments are settled in 4
seconds. -Ripple can handle 1,500 transactions
per second.
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Fun Facts about Ripple
-Ripple cannot be mined. -XRP tokens act as an
intermediate currency. -Ripple was created to
revolutionize fund transfer between
banks. -Unlike bitcoin, most XRP tokens are held
by the founders and the company. - Ripple is
registered as a private company, therefore it is
not completely decentralized.
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Where can I buy Ripple in India?
You can purchase and obtain the latest Ripple
price in INR on Bitfort. Bitfort is Indias
fastest and most compliant exchange for trading
cryptocurrencies.
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About Us
Established in 2016, BITFORT is a Singapore Based
Company dedicated to serve as a Trustworthy and
Convenient Platform for Buying, Selling, Storing
and Transferring Bitcoins. BITFORT aspires to be
an Accountable Partner for Crypto Enthusiasts to
navigate and explore the potentials of this new
booming economy of Bitcoin and Digital
Assets. BITFORT's wallet provides a unique
combination of wallet services to hold Bitcoins
and Exchange facility to Sell BUY BTC with
Local Currencies. Reckoning operative forces in
APAC MENA countries through channel partners,
BITFORT expertizes in application based
Blockchain technologies such as Bitcoin,
Cryptoasset Wallet Exchanges, Trading Platform
and Crytpo Mining Ventures.
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CONTACT US HERE
www.thebitfort.com
_at_thebitfort
_at_thebitfort
_at_bitfort
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