Ripple Labs, Inc. operates a global payments network deploying Blockchain technology. It develops RippleNet, an enterprise decentralized solution for global payments. Its solution connects banks, payment providers, digital asset exchanges, and corporates to send money globally. The company’s solutions include XRP, a digital asset for payments in form of crypto-currency; xCurrent, a software for banks for cross-border payments services; xRapid, for payment providers and other financial institutions to manage liquidity costs; and xVia, for corporates, payment providers, and banks to send payments across networks using standard interface.
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