What is Ripple
Ripple Labs XRP is a more centralised cryptocurrency, that works closely with traditional banks to transform how they send money around the world. Ripple can process over 1,500 transactions per second, but this can be scaled further if required.
Real World Example
Santander Group are due to lunch a payment system that runs on blockchain technology developed by Ripple Labs.
A Ripple XRP transaction is confirmed in five seconds or less by the network validators, which makes Ripple one of the fastest digital currencies.
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