Ripple its one kind of digital payment protocol than its cryptocurrency, XRP. Ripple operates on an open source and peer-to-peer decentralized platform that allows for a seamless transfer of money in any form, whether USD, Yen, litecoin, or bitcoin
Ripple The market capitalisation of XRP is currently $32 billion, making it the third most valuable cryptocurrency listed on coinmarketcap.com after Bitcoin and Ethereum. The token has always been secondary to Ripple’s real purpose, however the company’s success has led to XRP becoming very valuable
Benefits of Ripple
=> Lowers Banking Fees
=> Increased Efficiency
=> Useful Beyond Banking
Problems With Ripple
=> Centralization of Distribution
=> Not Designed for Peer-to-Peer
=> Dependent on Banks / Replaceable
