Overview
Product Information on Ripple
What is Ripple?
Ripple Pricing
Overall experience with Ripple
“Ripple's Blockchain: High Speed Transactions, Low Costs But No Decentralized Apps Support”
“Good but delays the transaction sometimes because of VPN.”
About Company
Company Description
Ripple, established in 2012, is known for its advanced crypto and blockchain technology. This firm's primary business focus is to offer solutions that are more efficient and cost-effective compared to conventional financial services. Ripple's customers use their solutions for a variety of needs, such as instant payments, capital requirement reduction and new revenue generation. Additionally, Ripple aids in sourcing crypto and treasury management, along with broadening user engagement. The ambitious goal of the company is to create an Internet of Value, where value transfer becomes as streamlined as current information exchanges. Currently, Ripple is the sole enterprise blockchain company that has commercially utilized products. The company has a broad customer base spanning across six continents and over 40 nations.
Company Details
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Key Insights
A Snapshot of What Matters - Based on Validated User Reviews
Reviewer Insights for: Ripple
Performance of Ripple Across Market Features
Ripple Likes & Dislikes
Its transaction is very fast, sometimes faster than normal bank transaction. Transaction costs are also very low. multiple transactions handled simultaneously.
It's implementation strategy
Much faster than other blockchain technologies. It support private networks for secure processes
Is does not support decentralized apps or smart contracts. Smaller user community compared to other blockchains. Documentation is not beginner-friendly.
It sometimes leaves disappointed due to delay in transactions.
It doesnt really support Intelligent Contracts like other blockchain solutions, Old Functioned programming experience, Transaction fees are low but, you need to pay it for each transaction. if there is bulk fee it could be better.
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Ripple Reviews and Ratings
- SENIOR SOFTWARE ENGINEER50M-1B USDSoftwareReview Source
Ripple's Blockchain: High Speed Transactions, Low Costs But No Decentralized Apps Support
Ripple is great for fast and cheap international payments. It takes a few seconds to complete and are also faster than some traditional bank transactions. Only limitation is that it does not offer a platform to write smart contracts and deploy to develop decentralized applications. - Software Developer1B-10B USDBankingReview Source
A Blockchain solution for fast transactions, but doesn't support intelligent contracts.
Ripple Network is a network that has been developed to provide quick and secure transactions to banks, especially by using blockchain technology. I can say that it left other competitors behind in speed. However, it does not fully meet the actual blockchain system. The fact that functions are old for programming prevents the creation of intelligent contracts. - System Analyst10B+ USDBankingReview Source
Low Charges On Ripple
We use Ripple's open payment network offering us the ability to send and receive money with Blockchain conveniently. Moving money with it is really quick which is what we have been enjoying using Ripple. The system is great and filled with reduced charges and reliable features. - Senior Software Engineer10B+ USDIT ServicesReview Source
Ripple : Product for payments
Ripple is a worldwide machine of payments, settlements and change. It ambitions to enhance on present day banking structures. The problems with banks today that Ripple hopes to enhance are: Slow transaction instances Expensive pass-border payments - Co-founder50M-1B USDTransportationReview Source
good for track and trace
ıntegrated payment options and track and trace properties are very good features but as far as we use high transaction fee on place