What is Ripple?
Imagine a scenario where you want to send money from a bank in your country of residence to another country; you will face three major challenges.
Firstly, The problem of currency conversion from the native currency to a foreign currency. Secondly, the transaction will take few days before the recipient receives the money. Thirdly, It will attract a high transaction fee.
These are the problems the Ripple network tries to solve. Ripple is a settlement system which enables the exchange and transfer of currencies from any part of the world ...
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