Connect with us

Hi, what are you looking for?

ELEVENEWS

Ripple

Groundbreaking RippleNet Home is Here

RippleNet Home for customer interaction is available.

Ripple came up with a novelty. Its new product, RippleNet Home, will allow companies to receive real-time information about their payment flows and performance.

RippleNet Home presentation took place at the SWELL conference on November 7. The company says it will work like a mini fintech social network.

“RippleNet Home will act as a hub where RippleNet members will be able to connect and partner with each other, analyze corridors and access data analytics on their own transactions,” a tweet reads.

https://twitter.com/XrpCenter/status/1192650011030544384

The platform is useful for assessing the market size and instantly finding the most suitable partners for the growth of a company’s business. Together, RippleNet members can enjoy low fees and instant settlement through the Ripple On-Demand Liquidity Service (ODL).

Currently, RippleNet has more than 300 customers.  And many of them are using ODL to conduct international settlements using XRP. ODL first launched in Mexico and the Phillippines, then extended to Australia with Brazil being the next step.

“This year has been our strongest for Ripple yet. In 2019 we’ve seen continued momentum with customers, growth of RippleNet and adoption of On-Demand Liquidity. In just a year since we launched ODL, we are already making an impact on the bottom line for our customers,” said Brad Garlinghouse, CEO of Ripple.“We’re excited to continue this momentum into next year and for the expansion of ODL into new markets.”

What about XRP?

Despite such a fruitful year, the company’s token remains under sales pressure even during the long-awaited conference. And its current value is $ 0.283.

But RippleNet expands XRP capabilities through Flare Networks’ smart contracts. This approach will help XRP go deeper into the decentralized financial services (DeFi) industry.

Meanwhile, Brad Garlinghouse is conducting a 2,000,000 XPR giveaway devoted to Swell 2019.

Recently, Ripple set up a regulatory team in Washington D.C.

News Source

Advertisement

You May Also Like

Libra

Ripple CEO Brad Garlinghouse is adamant that Facebook’s unveiling of its Libra cryptocurrency will lead to big business for his banking software and cryptocurrency...

Ripple

When thinking about investing in Ripple (XRP), the digital coin that runs on the Ripple’s payment blockchain system, traders ought to consider what function Ripple might play...

Criptodivisas

(PRLEAP.COM) Superior Coin, a global Cryptocurrency company (www.superior-coin.com), announced today the unique use of it’s blockchain technology in regards to privacy, and security. With...

Ripple

Many of the investors are looking for cryptocurrencies which can actually rise significantly in 2018. Most of the investors are looking at the lesser...

Copyright © 2020 Elevenews