Statements (55)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:blockchain_technology
|
| gptkbp:capital |
varies
|
| gptkbp:collaboration |
gptkb:Ripple_Protocol_Consensus_Algorithm
|
| gptkbp:currency |
gptkb:XRP
|
| gptkbp:data_usage |
3-5 seconds
|
| gptkbp:developed_by |
gptkb:Ripple_Labs
|
| gptkbp:governance |
decentralized
|
| https://www.w3.org/2000/01/rdf-schema#label |
Ripple Network
|
| gptkbp:is_scalable |
1500 transactions per second
|
| gptkbp:key_feature |
gptkb:in-game_currency
24/7 availability global reach user-friendly interface active community support high liquidity low transaction fees multi-currency transactions real-time gross settlement API access for developers robust security measures real-time tracking of transactions transaction transparency interoperability with other networks support for digital assets support for stablecoins customizable payment solutions environmentally friendly technology support for multiple currencies remittance service instant settlement support for mobile payments support for smart contracts no chargebacks focus on compliance and regulation focus on financial inclusion integration with existing banking systems partnership with central banks support for Io T payments support for remittance corridors. |
| gptkbp:launched |
gptkb:2012
|
| gptkbp:ledger_type |
distributed ledger
|
| gptkbp:notable_users |
gptkb:Standard_Chartered
gptkb:Money_Gram gptkb:Santander gptkb:American_Express gptkb:PNC_Bank |
| gptkbp:partnerships |
gptkb:financial_institutions
|
| gptkbp:purpose |
facilitate cross-border payments
|
| gptkbp:regulatory_compliance |
varies by country
|
| gptkbp:security |
cryptographic security
|
| gptkbp:technology |
cryptocurrency technology
|
| gptkbp:transfer_fee |
0.00001 XRP
|
| gptkbp:uses |
gptkb:XRP
|
| gptkbp:bfsParent |
gptkb:Clover_Network,_Inc.
|
| gptkbp:bfsLayer |
7
|