New Ripple Website Gets Update Showcasing RippleNet and XRP Coin Payments

Ripple’s Website Gets Updated, RippleNet Showcased As The Only Payments Solution

The Ripple website has gone through a number of alterations which have been noticed by the XRP community. The site, which has been restructured, has pinpointed RippleNet as the only payments solution for international financial institutions as well as other transmittal service providers. Additionally, RippleNet is described as one frictionless experience to remit money worldwide.

A twitter user that goes by the name Carl Downing noted that xVia, xRapid and xCurrent were not highlighted in the new website. According to Carl, the website also highlighted the 50,000 transactions per second.

Could RippleNet Be The Famed Conjunction?

While responding to Carl’s tweet, another user on the platform had the idea that RippleNet could in essence be the conjunction solution that many users have been discussing for the past couple of weeks.

The user also said that the 50,000 transactions per second could only work through scaling options on the ledger. On its own, the XRP ledger has been known to be in a capacity to handle only 1,500 transactions within a second.

XRP To Source On-Demand Liquidity

Another new phenomenon on the new website is the fact that XRP has been put in the middle of RippleNet as a way of tracking down on-source demand liquidity. At the same time, XRP would guarantee that payments are sent and acknowledged on local coinages on either side of a business deal. The website also offers info-graphics to indicate how it operates.

On further analysis of the comprehensive info-graphics, it is vital to note that on either sides of a transaction, there are diverse fiat currencies which signify that RippleNet is active in the matching nations/regions of Europe, Thailand, US, Japan, Philippines and Mexico. Additionally, on either sides of XRP, there are virtual asset exchanges which match up with the firm’s most recent partners like Bitso, Bittrex, and Coins.ph.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Avatar
Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

LEAVE A REPLY

Please enter your comment!
Please enter your name here

3,471FansLike
2,795FollowersFollow
4,195FollowersFollow

Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

Kraken Exchange Onboards Swiss Bank InCore to Help Euro Clients Buy Crypto With Fiat

Swiss Bank InCore has just become the first banking institution in the nation to provide banking services to Kraken crypto exchange. The deal, which was...

Bank Of Japan (BoJ) Launches ‘Technical' Study to Experimenting CBDCs

The race to launch a sovereign digital currency is heating up as Japan became the latest country to venture into a central bank digital...

This Top Coin, Being the Worst Performer of 2020, Is A Disappointment to the Crypto Market

The fourth-largest cryptocurrency by market cap is currently trading at $0.176 in green by 1.66%, like the majority of the market. With 8.61% losses In...

Cryptocurrency Payment Processor BitPay Finally Announces Support for SegWit

Bitpay, the crypto payment processing giant, has finally integrated the segregated witness (SegWit) protocol, a second layer scalable solution to make bitcoin processing cheaper....

Crypto Hardware Wallet Ledger: ‘Funds are Safe' After ‘BigSpender' Vulnerability Found

A vulnerability was recently discovered by ZenGo in popular cryptocurrency wallets Ledger, Edge, and BRD. Named BigSpender, the vulnerability could lead to a double-spend...

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today