A new era in global finance
Since Ripple was founded in 2012, our vision has been to enable the Internet of Value – a world where money moves as seamlessly as information. In cross-border payments, we are accelerating this vision to accommodate the new shape and identity of global finance so that our customers can thrive in this new environment by taking advantage of modern infrastructure that moves money like never before.
Our unique solutions can eliminate pre-financing and free up working capital so that our partners can reach key corridors quickly and efficiently over a global network. In addition, RippleNet uses a single set of rules to control the members of the global network, ensuring transparency and minimizing inefficiencies, redundancies and confusion. As a result, RippleNet members benefit from reduced operational overhead and simplified product deployment.
RippleNet enables our customers and their end users to take advantage of blockchain technology – making it faster and cheaper to move money across borders. And this drives competition in the United States and abroad, and catalyzes even greater efficiency in the global financial system.
“We are proud to be the first bank in Asia to use Ripple’s leading blockchain network solution to enable real-time payments for our customers, whose families often rely on the availability of these funds for basic needs – time is of the essence to them . ”- Dr. Arak Sutivong, Chief Strategy Officer at Siam Commercial Bank
After nearly a decade of continuous, rigorous upgrades and improvements to our suite of products, we are one of the leading enterprise blockchain companies in the world, serving hundreds of customers in over 55 countries. Today, banks and financial institutions can vastly improve the speed, cost, and reliability of transactions for people around the world.
Ripple named CNBC Disruptor 50’s 2021 list
Earlier this year, CNBC released the Disruptor 50 Companies 2021 list, and we are honored to be named a recipient of the prestigious nomination for Technology Innovators for the second year in a row. As an organization, we are very proud to be part of a group of innovative companies that cross borders, question the status quo and set new standards. This has meant creating, over several years, an optimized global payments network that offers more options to both financial institutions and their consumers.
Applying our know-how to tokens
And as we continue to accelerate our innovation in global payments and build a global network, we are also driving breakthroughs in tokenization. That’s because better and more efficient ways to tokenize values make it possible to easily spend, use, exchange and use all types of assets – from central bank digital currencies (CBDCs) to non-fungible tokens (NFTs) and more – with ease. what we call. to move the internet of values.
We believe this is just the beginning for NFTs and for the broader category of tokens on the blockchain. To further support entrepreneurs looking to use NFTs, we have partnered with Mintable – an NFT marketplace that enables users to seamlessly create, buy and sell digital items using fiat or cryptocurrency.
With its native decentralized exchange (DEX), low transaction fees, fast transaction times and a carbon neutral footprint, the XRP Ledger (XRPL) is ideally suited to provide a seamless experience for NFTs. Together with Mintable, we believe that NFTs will enable new business models for YouTubers and provide consumers with new and better experiences.
“Accelerating the growth of this creator economy begins with infrastructure that removes the barriers to entry – such as high gas charges and environmental costs of creating NFTs – that many face today.” – Monica Long, GM, RippleX.
From financial institutions to developers and entrepreneurs, everything we do at Ripple is focused on creating innovative solutions that help make the Internet of Value a reality. We use technologies that can deliver new business benefits for our partners, new benefits for consumers, and greater inclusion and equity for the non- and under-banks. We are honored to be recognized for this innovative work and are delighted with the enormous opportunities that are presented to us.