The XRP Ledger is an open source, decentralized and permissionless blockchain technology powered by a network of peer-to-peer servers. It allows for really fast settlement of transactions- within 3-5 seconds- without a central intermediary and in a secure distributed database.
The native digital asset on the XRP Ledger is the XRP. A public,counterparty-free asset, it is designed to bridge many different currencies being used worldwide, and is available for anyone to access and trade on the open market.
XRP is faster, less costly and more scalable than any other digital asset today, and is currently being used by the company Ripple to build technology that can transform global payments.
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