What is Ripple? (XRP, IOUs, Gateway and Validators Explained)

What is Ripple? (XRP, IOUs, Gateway and Validators Explained)

The banking system today uses outdated and slow systems to transfer money between institutions. Ripple aims to be the “Internet of value” – A set of rules (i.e. protocol) that financial institutions can use in order to move money around the world as quickly as information moves through the Internet.

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