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Project Details

Ripple

Transferring money to anywhere in the world, in any currency, instantly.

By Ripple Labs

Project URL: ripple.com
Project Twitter: @Ripple

Organisation URL: ripplelabs.com
Organisation Twitter: @ripplelabs

  • Economic Empowerment
  • Data
  • Internet

Ripple is a frictionless, transparent, currency and payment system to instantly transfer money anywhere in the world in any currency. It consists of a mathematically regulated currency unit, similar to Bitcoin, and a payment system, called 'wallets' – which users can pay into, in any currency, via an online exchange, backed by a bank. Once full, it can be transferred to any other Ripple user in any currency within seconds. (Bitcoin transactions take minutes.) Backers include Google Ventures.

Last updated: 09th of May, 2014

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