Ripple Payment System and Company Profile: Key Trends & Future Opportunity to 2018
Orbisresearch.com published “Payment Company Profile: Ripple Market” from its database. The report focuses on major leading industry players with information such as company profiles, product picture and specification.
(EMAILWIRE.COM, July 10, 2018 ) Ripple offers a global real-time payment system that enables banks and financial institutions around the world to transact cross-border via its RippleNet. RippleNet is a decentralized global network of banks and payment providers using Ripple’s distributed ledger technology, which provides real-time clearing and settlement of financial transactions.
Ripple eliminates the need for financial institutions to maintain nostro accounts, where a domestic bank holds a foreign account denominated in foreign currency to enable cross-currency settlement. Ripple’s XRP account instead allows customers to make payments with any other currency. This results in faster fund transfers as Ripple can process transactions in 4 seconds compared to the 3-5 days required via traditional methods. In addition to cross-border transfers, Ripple enables trading on its cryptocurrency, XRP, which is now listed on 60 digital asset exchanges globally including Bitstamp, Kraken, Coinone, Bitso, and Coincheck.
Launched in 2012 as OpenCoin, Ripple has raised around $93m since its inception from investors such as Accenture, CME Ventures, Google Ventures, SBI Group, Santander InnoVentures, and Seagate.
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Leading Key Players:
OpenCoin
Ripple Labs
Bitcoin
Bitstamp
Kraken
Coinone
Bitso
Coincheck
SBI Holdings
Santander
MoneyGram
Western Union
Cambridge Global Payments
MercuryFX
IDT
Scope:
- In September 2012, Ripple was founded as OpenCoin.
- Ripple eliminates the need for financial institutions to maintain nostro accounts, where a domestic bank holds a foreign account denominated in foreign currency to enable cross-currency settlement.
- Ripple can process transactions in 4 seconds compared to the 3-5 days it generally takes via traditional methods.
- Ripple allows individuals and institutions to trade XRP on various digital asset exchanges globally.
The report provides information and insights into payment company profile Ripple, including -
- Detailed insight into its business and geographical presence
- Comprehensive coverage of its products and services
- Comparative assessment with key payment company profiles
- Information on its performance, including its revenue model
- The company's important events and milestones.
Inquiry before buying@ http://orbisresearch.com/contacts/enquiry-before-buying/2171052
Reasons to buy:
- Gain insights into Ripple's business operations, and key events.
- Gain insights into its product portfolio and revenue model.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.
Table of Contents:
Overview
Historic Milestones
Benchmarking
Performance Highlights
Products & Services
Significant Events
Client Base
Partner Base
Appendix
To buy this report@ http://orbisresearch.com/contact/purchase/2171052
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Ripple eliminates the need for financial institutions to maintain nostro accounts, where a domestic bank holds a foreign account denominated in foreign currency to enable cross-currency settlement. Ripple’s XRP account instead allows customers to make payments with any other currency. This results in faster fund transfers as Ripple can process transactions in 4 seconds compared to the 3-5 days required via traditional methods. In addition to cross-border transfers, Ripple enables trading on its cryptocurrency, XRP, which is now listed on 60 digital asset exchanges globally including Bitstamp, Kraken, Coinone, Bitso, and Coincheck.
Launched in 2012 as OpenCoin, Ripple has raised around $93m since its inception from investors such as Accenture, CME Ventures, Google Ventures, SBI Group, Santander InnoVentures, and Seagate.
Get sample copy of this report@ http://orbisresearch.com/contacts/request-sample/2171052
Leading Key Players:
OpenCoin
Ripple Labs
Bitcoin
Bitstamp
Kraken
Coinone
Bitso
Coincheck
SBI Holdings
Santander
MoneyGram
Western Union
Cambridge Global Payments
MercuryFX
IDT
Scope:
- In September 2012, Ripple was founded as OpenCoin.
- Ripple eliminates the need for financial institutions to maintain nostro accounts, where a domestic bank holds a foreign account denominated in foreign currency to enable cross-currency settlement.
- Ripple can process transactions in 4 seconds compared to the 3-5 days it generally takes via traditional methods.
- Ripple allows individuals and institutions to trade XRP on various digital asset exchanges globally.
The report provides information and insights into payment company profile Ripple, including -
- Detailed insight into its business and geographical presence
- Comprehensive coverage of its products and services
- Comparative assessment with key payment company profiles
- Information on its performance, including its revenue model
- The company's important events and milestones.
Inquiry before buying@ http://orbisresearch.com/contacts/enquiry-before-buying/2171052
Reasons to buy:
- Gain insights into Ripple's business operations, and key events.
- Gain insights into its product portfolio and revenue model.
- Assess the competitive dynamics in the alternative payments industry by comparing its performance against competitors.
Table of Contents:
Overview
Historic Milestones
Benchmarking
Performance Highlights
Products & Services
Significant Events
Client Base
Partner Base
Appendix
To buy this report@ http://orbisresearch.com/contact/purchase/2171052
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Information:
Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
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Orbis Research
Hector Costello
Tel: +1 (214) 884-6817
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results