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Ripple Labs, Inc. is an American technology company which develops the Ripple payment protocol and exchange network. Originally named Opencoin and renamed in 2015, the company was founded in 2012 and is based in San Francisco , California .
The open-source project was originally called "Ripple", the unique consensus ledger was called the Ripple Consensus Ledger, the transaction protocol was called the Ripple Transaction Protocol or RTXP and the digital asset (known as "ripples") using XRP as the three-letter currency code to follow the naming convention of BTC for Bitcoin.
Ripple (XRP) is a real-time gross settlement (RTGS) system, which is a specialist money transfer network, currency exchange and remittance network. It was created by Ripple Labs Inc., which is a U ...
Bradley Kent Garlinghouse (born February 4, 1971) is an American business executive and the CEO of Ripple Labs, a financial technology company specializing in blockchain and cryptocurrency solutions. Previously, he served as CEO and chairman of Hightail (formerly YouSendIt ) and earlier in his career, he held executive roles at AOL and Yahoo!
Ripple Labs Inc. describes itself as a “payment solutions company.” Today, it is primarily focused on facilitating cross-border cryptocurrency payments and cryptocurrency liquidity, ...
This is the functional token of the RippleNet payments service, managed by Ripple Labs in partnership with dozens of local banks around the world. Its purpose is to move money across international ...
In 2014 Ripple was the second-largest cryptocurrency by market capitalization, after Bitcoin. [28] Also that month, Ripple Labs was named one of the 50 Smartest Companies by MIT Technology Review. [29] Ripple Labs was then ranked No. 4 on a list by Fast Company of the World's Top 10 Most Innovative Companies Of 2015 In Money. [30]
Brad Garlinghouse, the billionaire CEO at Ripple Labs, the company that oversees the development of XRP, the $18 billion blockchain network, has said for the first time in public that Coinbase ...
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