Ripple payment protocol

GPTKB entity

Statements (51)
Predicate Object
gptkbp:instanceOf payment protocol
gptkbp:alsoKnownAs gptkb:Ripple
gptkb:RippleNet
gptkbp:API gptkb:Ripple_API
gptkbp:blockchain permissioned
gptkbp:consensusMechanism gptkb:Ripple_Protocol_Consensus_Algorithm
gptkbp:currency gptkb:XRP
cryptocurrencies
fiat currencies
gptkbp:developedBy gptkb:Ripple_Labs
gptkbp:ecosystem gptkb:RippleNet
gptkbp:features gptkb:Byzantine_Fault_Tolerant
gptkbp:governedBy gptkb:Ripple_Labs
gptkbp:headquarters gptkb:San_Francisco,_California,_USA
https://www.w3.org/2000/01/rdf-schema#label Ripple payment protocol
gptkbp:launchDate 2012
gptkbp:launched 2012
gptkbp:ledgerType distributed ledger
gptkbp:notableFeature no mining required
focus on institutional use
interoperability with multiple networks
supports cross-border payments
gptkbp:openSource yes
gptkbp:partner gptkb:American_Express
gptkb:SBI_Holdings
gptkb:Santander_Bank
gptkb:PNC_Bank
gptkbp:protocolToken gptkb:XRP
gptkbp:purpose currency exchange
remittance
real-time gross settlement system
gptkbp:regulates subject to ongoing legal scrutiny
gptkbp:regulatoryCase gptkb:SEC_v._Ripple_Labs_Inc.
gptkbp:relatedTo gptkb:cryptocurrency
gptkb:SWIFT
gptkb:Stellar_payment_protocol
gptkbp:supportsProtocol decentralized payment protocol
gptkbp:transactionSpeed 3-5 seconds
gptkbp:transactionThroughput 1,500 transactions per second
gptkbp:transferFee very low
gptkbp:usedBy banks
financial institutions
payment providers
gptkbp:website https://ripple.com/
gptkbp:whitepaper gptkb:Jed_McCaleb
gptkb:Chris_Larsen
gptkb:David_Schwartz
gptkb:Arthur_Britto
gptkb:Ryan_Fugger
gptkbp:bfsParent gptkb:David_Schwartz
gptkbp:bfsLayer 5