Ripple Transaction Protocol

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:payment_protocol
gptkbp:alsoKnownAs	gptkb:Ripple_protocol gptkb:RTXP
gptkbp:consensusMechanism	gptkb:Ripple_Protocol_consensus_algorithm
gptkbp:currency	gptkb:commodity gptkb:cryptocurrency gptkb:currency
gptkbp:developedBy	gptkb:Ripple_Labs
gptkbp:distinctiveFeature	gptkb:SWIFT gptkb:Bitcoin_protocol
gptkbp:enables	global payments instantaneous transactions low-cost transfers
gptkbp:firstReleased	2012
gptkbp:governedBy	gptkb:Ripple_Labs
gptkbp:launchDate	2012
gptkbp:ledgerType	gptkb:distributed_ledger
gptkbp:nativeAsset	gptkb:XRP
gptkbp:openSource	true
gptkbp:purpose	gptkb:real-time_gross_settlement_system currency exchange remittance network
gptkbp:standardizedBy	gptkb:Ripple_Labs
gptkbp:transactionSpeed	3-5 seconds
gptkbp:transferFee	very low
gptkbp:usedBy	banks payment providers digital asset exchanges
gptkbp:website	https://ripple.com/
gptkbp:bfsParent	gptkb:Ripple_protocol
gptkbp:bfsLayer	6
https://www.w3.org/2000/01/rdf-schema#label	Ripple Transaction Protocol