Ripple (XRP)

Ripple is the name for both a digital currency (XRP) and an open payment network within which that currency is transferred. The Ripple network is designed to allow the seamless transfers of any form of currency, whether dollars, euros, pounds, yen or Bitcoins. As a distributed network, Ripple does not depend on a single company to manage and secure the transaction database. Consequently, there is no waiting on block confirmations, and transaction confirmations can go through the network quickly.