Ripple
What is Ripple?
Ripple, now known as RippleNet, is a technology company that focuses on providing solutions for cross-border payments and remittances. It was founded in 2012 and aims to improve the efficiency of global financial transactions using blockchain technology and digital assets.
Key Features:
- Digital Asset (XRP) for Cross-Border Transactions
- Decentralized Payment Network
- Consensus Algorithm for Transaction Validation
- Support for RippleNet Members
- Integration of Second-Layer Solutions like the Lightning Network
Use Cases:
Ripple's technology is primarily targeted at improving the efficiency of cross-border payments, reducing the need for intermediary accounts, and providing cost savings for financial institutions.
Visit their official website to learn more:
https://ripple.com/Accounting Features Supported for
Reconciliation & Sanity Checks >
Soon
DeFi Protocols
Soon
NFTs Valuation
Soon
Automated Rule Categorization
Soon
Integration to ERPs, QuickBooks, Xero, Netsuite, Sage, Pennyworks, etc.
Soon
