Ripple cryptocurrency has recently been considered the most promising in the entire industry. FNI Blockchain journalists have figured out how an ambitious team and global goal will help the company revolutionize the banking sector.
Ripple is an alternative to the well-known SWIFT payment system, but the creator of the XRP coin is based on an open database, using a matching algorithm, which allows exchanges in a distributed process.
In simple terms, Ripple is the basic infrastructure technology for interbank transactions or a utility for financial institutions and systems.
As early as 2018, 160 banks around the world successfully tested the Ripple-xRapid system, accompanying the cooperation with positive reviews.
Read more about XRP cryptocurrency and its growth prospects on FNIBlockchain.