Why you should invest in Ripple?

Why you should invest in Ripple?

Ripple is an alternative cryptocurrency based on the technology of Bitcoin, second digital currency in market capitalization and aims to resolve many of the problems facing Bitcoin, as the time needed for Verify the transactions. There is no mining in this currency, the contribution is based on power calculation for the maintenance of the network, this technology was started in the year 2012, initially known as OpenCoin Inc.

Ripple has high expectations, because companies like Google Ventures and Andreessen Horowitz invested about 100 million dollars. Ripple technology is based on the benefits of Bitcoin, however, while the Bitcoin transactions take at least 10 minutes to complete the transaction, using the technology of Ripple ripple, transactions are instantaneous thanks to the use of a consensus algorithm. The Ripple network is a closed system and approve it with nodes that can be accessed. It is said that the
Ripple was created to resolve trade problems.

In short, the Ripple system is substantially different, with other mechanisms of confirmation of transactions, which allows to make these running instantly, what is a fact is that the two currencies can coexist in the environment of Exchange of digital criptomonedas of modern commerce.

With this technology RIPPLE enables banks to reduce operating costs and offers new services for cross-border payments, i.e. where different countries are included, customer has access or digital encryption key, it is a direct access to the Bank. In terms of the speed of the transaction, is an instant processing, there is a great certainty, with a traceable in real time of the funds, in terms of the costs of the operation which is one of the concerns of the client, this has some very low costs for each transaction.

Therefore, it should not be forgotten, as follows; world trade is changing rapidly. Companies are increasingly global from the first day consumers are programmed to wait for the delivery of services and information However, the current payment infrastructure is unfortunately inadequate to meet these needs.

Therefore, Ripple works with banks to transform the way in which send money all over the world, a necessary step to compete in today's growing economy. Therefore, there is the vision that is to enable the Internet's value so that the world can enhance the way in which information is moving today.

Therefore, the question can arise What is Ripple?

Distributed financial Ripple technology allows banks to send international payments in real time through networks.

There is also the possibility to say, for which Ripple?

Using Ripple, banks can meet the growing demands of faster global payment services, low cost and on demand for any size of payment. The result: new revenue opportunities, lower costs of processing and global experiences of customers.
From this perspective, it can state there. Access: direct bank payment to the Bank, with distributed financial technology. Speed: Instant settlement, distributed financial technology. Certainty: Traceability in real time of the funds. Cost: Lower total cost of liquidation.

Not to mention, using Ripple, your bank can acquire new customers and increase revenue through products and differentiated services. In addition, Ripple reduces the cost of back-office of your Bank through an efficient mechanism to process and settle international payments. This model allows you to estimate earnings of efficiency that your bank can be achieved using Ripple for international payments.

For this reason, the banks are adopting it: Ripple allows banks to open new revenue opportunities, reduce processing costs and provide better global experiences of customers. Integrate all once, to access the full potential of the growing network of financial institutions and providers of liquidity of Ripple.

Currently, ten new customers joined the global network of Ripple payments, therefore, Ripple is proud to announce the addition of 10 new customers to the growing global network. These financial institutions include: MUFG, BBVA, SEB, Akbank, Bank of the axis, YES BANK, SBI Remit, Cambridge Global Payments, Star One Credit Union and eZforex.com, representing some of the largest banks in the world, innovative small banks and (PSP) payment service providers. As the sole provider of blockchain which has use cases real and customers who use the solution commercially, more and more customers resort to Ripple for cross-border payments. These ten customers now are most advanced in the world, that are committed to go beyond the possibilities between financial institutions and they are using blockchain of Ripple business solution to move cash in around the world today.

Ripple can handle over 1,000 transactions per second.

With the year 2017 already well advanced, there is a hard work, new features are added to the RCL and further improve performance, stability and quality of the encoded base of open source. More importantly, there is one commitment more than ever with the simple aim of making the XRP the digital world reserve currency. It is important to follow the course of this new form of investment. Expected with new ads.