RippleNet vs SWIFT: Which is the Better Payment System?
Technology and infrastructure comparisonRippleNet operates on a decentralized blockchain network enabling near-instant settlement, while SWIFT relies on traditional messaging infrastructure, often causing delays and higher complexity in cross-border payment processing.Transaction…
How On-Demand Liquidity (ODL) Works in RippleNet
How traditional cross-border payments workTraditional cross-border payments rely on slow, costly correspondent banking networks, often taking days to settle and requiring pre-funded accounts in multiple currencies around the world.What on-demand…
The Role of XRP in RippleNet’s Payment System
XRP’s functionality within RippleNetXRP acts as a bridge currency in RippleNet, enabling instant, low-cost international transactions by seamlessly converting between different fiat currencies across global payment corridors.Liquidity provision and on-demand…
David Schwartz’s Role in Building RippleNet
Early contributions to Ripple’s technologyDavid Schwartz, Ripple’s visionary CTO, architected the XRP Ledger’s core consensus algorithm, laying the foundational technology that enabled RippleNet’s fast, decentralized, and energy-efficient cross-border payment system.Designing…