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What is Ripple?

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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 ... Read more about " What is Ripple? " on coinatory.com