's mission Ripple's mission is to enable the world to move value like it moves information today. By using blockchain technology, Ripple is creating an open, global financial system that allows for secure, low-cost, and instant payments.


Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc. It is based on a distributed open source protocol and supports tokens representing fiat currency, cryptocurrency, commodities, or other units of value such as frequent flier miles or mobile minutes. Ripple enables secure, instant and nearly free global financial transactions of any size with no chargebacks.

Ripple is built on a distributed ledger technology called the Ripple Protocol Consensus Algorithm (RPCA). This technology allows for a distributed, decentralized, and secure network of computers to validate transactions and maintain a shared ledger of account balances. The ledger is maintained by a network of independent validating servers that constantly compare their transaction records. This ensures that all transactions are valid and that the ledger remains consistent.

Ripple also has its own native cryptocurrency, XRP, which is used to facilitate transactions on the network. XRP is used to bridge two different currencies, allowing for the transfer of value between two parties without the need for a third-party intermediary. XRP can also be used to pay transaction fees on the Ripple network.

Ripple has become increasingly popular with banks and financial institutions due to its low cost, speed, and security. It is also being used by companies such as MoneyGram and Western Union to facilitate international payments. Ripple is also being used by a number of cryptocurrency exchanges to facilitate the trading of digital assets.

Ripple is a powerful and innovative technology that is revolutionizing the way money is transferred around the world. It is fast, secure, and cost-effective, making it an attractive option for banks, financial institutions, and cryptocurrency exchanges.