ripple - an emerging virtual currency giant

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Post on 06-May-2015

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We tried to explore the following concepts regarding Ripple 1. Why Ripple is becoming popular? 2. How its introduced? 3. Why using Ripple is beneficial. All these explanations tends to conclude that Ripple seems promising and no wonder if it will lead the cryptocurrency world tomorrow.

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Page 1: Ripple - An Emerging Virtual Currency Giant

Ripple XRP -

An Emerging Virtual Currency Giant

Page 2: Ripple - An Emerging Virtual Currency Giant

Why Ripple ? • Much improved and latest for of digital

currency• Aim is to help people break-free of the

financial networks like credit cards, banks, PayPal and other institutions.

• It’s quick , reliable and almost free.• No restrictions and completely hassle free.

Page 3: Ripple - An Emerging Virtual Currency Giant

Emergence of Ripple• Launched by Opencoin founded by technology

entrepreneur Chris Larsen in 2012.• Ripple has received funding from Google Ventures,

Andreessen Horowitz, and Lightspeed Venture Partners

• Enables the transfer of funds in any currency to another user on the Ripple network within seconds.

• It does not require currency exchanges. In fact, it is its own distributed currency exchange.

Page 4: Ripple - An Emerging Virtual Currency Giant

Ripple getting strong and popular

• Ripple promises expedited transactions and increased stability.

• Gateways are the major development in Ripple and plays vital role.

• The measure of decentralization comparable to mining pools is still preserved by the system.

Page 5: Ripple - An Emerging Virtual Currency Giant

Ripple serve various purposes

• A distributed open-source payment network.• The home of the newly minted XRP currency.• Sending, receiving, and holding any currency –

not just one specific cryptocurrency – in a decentralized way.

• Converting Bitcoins to Ripple XRPs is possible

Page 6: Ripple - An Emerging Virtual Currency Giant

Contact us

To know more about Ripple and to use XRPs, visit us at :-

• Website : www.tradefast.me• Facebook:

www.facebook.com/Tradefast• Twitter :

www.twitter.com/tradefastripple