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Disclaimer: The content of this evaluation is for reference only. Any investment behavior based on the content of this evaluation has nothing to do with the content of this evaluation. Projects are risky and investment needs to be cautious. Statement: the contents of this assessment are for reference only. Any investment behavior made according to the contents of this assessment is not related to the contents of this assessment. The project is risky and the investment must be prudent. Ripple has created a global payment and exchange network system with almost no marginal friction, sending funds to all parts of the world based on the powerful technology and functions of blockchain. By joining Ripple's growing global network, financial institutions can process customer payments instantly, reliably, and cost-effectively anywhere in the world. Banks and payment providers can use the digital asset XRP to further reduce costs, making it more convenient and easier to enter new markets. Ripple (XRP) is the base currency of the Ripple network. It can be circulated throughout the Ripple network. The total number is 100 billion and gradually decreases with the increase in transactions. The operating company of XRP is Ripple Labs. Other currencies such as CNY and USD have the disadvantage that they cannot be withdrawn across gateways, but XRP has no such restrictions at all and is universal within the Ripple system. XRP, like BTC, is a digital currency based on mathematics and cryptography. However, in comparison, the advantage of XRP is that it has the main bridge currency in the Ripple system and has the function of ensuring security. The function of ensuring security is indispensable, which requires gateways participating in this protocol to hold a small amount of XRP. Project Highlights 1. Scalability: XRP can continuously process 1,500 transactions per second, process data around the clock, and can even be expanded to the same powerful transaction processing capabilities as Visa. 2. High consensus: Currently, RippleNet has provided powerful network services to more than 100 banks and payment institutions around the world, involving more than 55 countries and regions. 3. Technical stability: XRP’s five-year proven performance in stabilizing technology output and cross-border payment management has given it the ability to provide high-quality services to institutions and enterprises. Project risk 1. Risk of technological lag: XRP’s current technical system has certain leading advantages, but it is self-evident that the technological development of digital currency and the construction of the international payment system will always be iterated. Therefore, the change and transmission of technology are both opportunities and risks. 2. International regulatory risks: Given the financial attributes of the Ripple project and its breadth of global payment distribution. Ripple has formed a cross-border financial influence that cannot be underestimated, and because finance has always been one of the sensitive industries that affect the world economy, the international regulatory risks it faces will inevitably escalate with its development. According to the McKinsey Global Payments Report, global payment revenue rapidly expanded to US$1.9 trillion in 2017, which was the fastest growth in the past five years. In the same year, global digital commerce transaction volume exceeded US$3 trillion and is expected to more than double by 2022. According to reasonable calculations, global payment revenue will grow at an average annual rate of 9% by 2022, which means that the net new revenue available to financial institutions and other financial services companies will be approximately US$1 trillion. The growing popularity of alternative payment solutions and e-commerce has further fueled the global digitalization trend. It should be particularly pointed out that regarding international payment business, emerging markets, especially the Asia-Pacific market, have performed well. The Asia-Pacific region accounts for almost two-thirds of the total global transaction volume. analyze The market space is huge and the scene demand is strong. Currently, the global payment and exchange market is developing rapidly and has strong demand. However, due to the outdated and flawed underlying infrastructure, as well as the impact of institutional differences and exchange rate factors, global cross-border payments and international remittances have always been a problem that plagues multinational companies and people around the world. However, Ripple connects banking systems, payment providers and digital asset exchanges through RippleNet, and opens access channels for personal use, thereby building an almost frictionless global remittance experience scenario and ecosystem, ultimately enabling instant payments with any country in the world. At present, Ripple's competitors mainly come from two dimensions. The first dimension is traditional international financial payment institutions and IT financial technology giants, such as SWIFT, Ant Financial, etc.； The second dimension is peer projects based on cryptocurrency and blockchain technology, such as Stellar Lumens (XLM), OMG, BTC, USDT, etc. analyze The competitive environment is relatively complex, but the current advantages are outstanding. Ripple currently faces competition not only from traditional international financial institutions, but also from peer projects, but peer projects can be said to be the biggest competitive pressure it faces. As a digital cryptocurrency, BTC has higher global consensus and value. In comparison, Ripple's token XRP has stronger international financial payment attributes and is supported by stronger practical scenarios. Stellar Lumens (XLM) is created based on the Ripple code, so its usage scenarios, technical modules, and business models are very similar to Ripple. Its token market value even ranks fourth in the world, which can be said to be just behind Ripple. However, the Stellar Lumens (XLM) project was launched in 2013. The launch timing lags behind Ripple, and the global consensus system is also inferior to Ripple. In short, the Ripple project’s advantage and technical scenarios will enable it to maintain its leading position in the industry for some time to come. Token name: XRP Total number of tokens: 100 billion Token issuance time: April 18, 2011 Token listed on exchanges: 94 Consensus mechanism: RPCA (Data comes from Feixiao) analyze Market acceptance is high and overall performance is good. In comparison, Ripple’s token was issued earlier and has a prominent market advantage. There are currently a large number of online exchanges, and the market circulation rate has reached about 40%, which shows that its acceptance by institutions and individuals is strong. In addition, according to statistics, the market value of Ripple token currently ranks second in the world, second only to the market value of BTC, demonstrating its good market value. (1) Digital circulation of assets RippleNet customers can use XRP for on-demand liquidity while ensuring payments are sent and received in local currency on either side of the transaction. (2) Bank usage scenarios Banks join RippleNet to process cross-border payments in real time with end-to-end tracking and certainty. Banks can expand payment products into new markets that would otherwise be too difficult or difficult to reach. (3) Payment service provider scenario Providing customers with faster, more transparent and predictable payment services to meet demand around the world. (4) Scene interactive medium——XRP XRP is designed for circulation in corporate and institutional scenarios, providing banks and payment providers with a reliable universal method of payment liquidity. analyze Based on the model and medium, the ecological cycle is realized in a scenario-based manner. The Ripple project designed a global transaction payment circulation model that includes international banks, governments, trading institutions, individuals, etc., and based on point-to-point technology, created the digital cryptocurrency XRP as the circulation medium for the entire model. In addition, based on the two main usage scenarios of banking institutions, especially cross-border banks and global payment institutions, the construction of the global payment system of the Ripple project and the ecological circulation of digital assets are realized. Chris Larsen The executive chairman of Ripple’s board of directors and the former CEO and co-founder of Ripple. Prior to joining Ripple, Chris founded and co-CEOed Prosper, a P2P lending business, and E-LOAN, a publicly traded online lender. During his tenure at E-LOAN, he pioneered the openness of the credit scoring movement, making E-LOAN the first company to display their FICO scores to consumers. Jed McCaleb In 2000, McCaleb founded MetaMachine Inc. and released his eDonkey2000 application. In 2007, he purchased the domain name Mtgox.com. After the initial website creation, he renovated the website in 2010 to conduct special transactions from Bitcoin to US dollars, which was the world's largest Bitcoin exchange Mt.Gox at the time. In 2011, McCaleb and Chris Larsen jointly developed a digital currency in which transactions are verified through consensus among network members. These protocols are called Ripple protocols, and the Ripple project was born. In 2013, he resigned from Ripple. analyze Industry experience is rich, but stability is relatively lacking. Chris Larsen has extensive experience in the establishment and operation of enterprises in the financial field, and has a deep understanding of the P2P concept. Jed McCaleb was born as a programmer and has personal experience in the digital cryptocurrency industry and exchange creation. It can be said that he has both technical advantages and rare experience in the industry. The two co-founders’ backgrounds, expertise and experiences are highly complementary, which is conducive to the birth and early development positioning of the project. However, it must be pointed out that one of the subsequent founders, Jed McCaleb, left Ripple in 2013, so relatively speaking, the stability of the founder team was lacking. Brad: CEO and board member of Ripple. Prior to joining Ripple, Brad served as CEO of file collaboration service Hightail. From 2009 to 2012, he served as president of consumer applications at AOL, and previously held various executive positions at Yahoo. 2003 to 2009, including Senior Vice President. Early in his career, Brad helped pioneer the VoIP industry and became CEO of Dialpad Communications. He currently serves on the OutMatch board of directors and has served on the boards of Ancestry.com and Tonic Health. Ethan Beard: Senior Vice President of Ripple’s Xpring. Throughout his career, Ethan has focused on building relationships between technology companies and partners, including leading new business development at Facebook Developer Network and Google. He is also an active investor and advisor to early-stage technology startups and served as an EIR at Greylock Partners. Previously, Ethan co-founded a startup BigSoccer, worked at MTV, and worked at Bank of America. Asheesh: Senior Vice President of Products at Ripple, he first joined in 2013 and is responsible for the development of its product suite. Asheesh is an industry expert on blockchain and a frequent writer, speaker and consultant on blockchain and cryptocurrency. Asheesh began his entrepreneurial career 15 years ago in Silicon Valley, where he founded a content management company that he later sold to Thomson Reuters, becoming their Global Vice President of Technology in 2005. After leaving Thomson Reuters in 2010, Asheesh advised and led product design at a number of startups in Silicon Valley. Most recently, Asheesh was included in The Ledger 40 Under 40 2018, assembled by Fortune magazine to honor superstars for their leadership in finance and technology. Kahina: Ripple’s Senior Vice President of Business and Corporate Development. Prior to joining Ripple, Kahina led global financial services and built the global payments partners team at Facebook. She has held global executive positions at Mastercard and Citibank, primarily on international assignments. In addition, Kahina is a non-executive director of Progressive Insurance Company. She brings deep industry knowledge and works with partners to launch innovative solutions. She is passionate about accelerating the next generation of global financial services and payments to serve people, businesses and communities around the world. Cory: Ripple’s chief market strategist. Prior to joining Ripple, Cory worked as a hedge fund portfolio manager at Kingsford Capital Management and as a reporter on high-growth technology companies at Bloomberg and CNBC. Early in his career, Cory worked on numerous startups, including TheStreet.com, Industry Standard, SLAM, and Vibe Magazine. Kanaan: Ripple’s Senior Vice President of Engineering. He began his career developing medical imaging systems at Cerner Corporation. He led and grew teams at Yelp and Quantcast responsible for joint partnerships, business analytics, internal applications and data pipelines. Sandi Kochhar: Vice President of Human Resources at Ripple. Prior to joining Ripple, she held multiple leadership roles at enterprise software companies such as AppDirect, Atlassian and SuccessFactors. In each role, she helped scale the company, leading global expansion, M&A integration and IPO-related activities. Sandi also brings extensive operational excellence experience from her time as a Global Six Sigma Black Belt at Honeywell. Monica Long: Senior Vice President of Marketing and Communications at Ripple. Throughout her career, she has helped technology companies drive fundamental change in the financial industry. Prior to joining Ripple, Monica worked at Intuit in the corporate communications department. Prior to this, she supported various start-up clients in the B2B and B2C sectors, several of which were involved in fintech, including Prosper. John: Ripple’s Senior Vice President of Global Sales. Prior to joining Ripple, he led global sales for Reval, a global leader in SaaS treasury management systems for large multinational corporations and transaction banking. He began his career at IBM and later moved into direct sales. John has over 25 years of leadership experience selling complex enterprise software to banks, covering capital markets, payments, anti-money laundering and liquidity. John has built successful businesses in North America, EMEA, Southeast Asia, Japan and Mainland China and has worked for three public companies. David Schwartz: Chief Technology Officer of Ripple. David is one of the original architects of the Ripple consensus network. Prior to joining Ripple, David Schwartz was the chief technology officer of Santa Clara software developer WebMaster Incorporated. He has developed encrypted cloud storage and enterprise messaging systems for organizations including CNN and the National Security Agency (NSA). Known as "JoelKatz," he is a respected voice in the digital currency community. Marcus Treacher: Senior Vice President of Customer Success at Ripple. Marcus has more than 30 years of experience in transaction banking and payments technology, including 12 years in global leadership roles at HSBC. He served as a member of SWIFT's global board of directors from 2010 to 2016. Prior to joining Ripple, Marcus was head of global payments innovation at HSBC, applying emerging fintech to solve customer challenges in digital payments, trade and supply chains. Prior to joining HSBC, he held leadership roles at Citigroup and Accenture. Marcus also works with industry communities, organizations and governments to help develop new payment methods. He served as Chairman of the SWIFT Global Corporate Advisory Body from 2010 to 2016 and is an independent non-executive director of UK RTGS clearing company CHAPS Co. He chairs the CHAPS Security Committee and User Group. Eric: Senior Vice President of Global Operations at Ripple. He has 20 years of leadership experience in business development, strategic planning, business operations and corporate development. Prior to joining Ripple, Eric held senior positions at high-growth startups and Fortune 500 companies, including Adobe, Yahoo! , Hightail, RedSwoosh, Work.com and Excite@Home.com. He is known for his deep experience solving complex business problems and executing strategies that help technology companies systematically accelerate growth. Ron: Ripple’s Chief Financial Officer. Prior to joining Ripple, he was the Chief Financial Officer of TubeMogul, Inc, an Emeryville, California-based public advertising software company acquired by Adobe for $540 million. Prior to joining TubeMogul, Ron was CFO, Chief Compliance Officer and Operating Partner at Mainsail Partners, a growth equity firm with over $750 million in committed capital. Ron also works at video advertising platform BrightRoll, Inc. As CFO, where he helped the company scale and grow revenue 500% in four years. Ron has extensive experience in corporate finance, capital markets and acquisition transactions, and has served as Yahoo's financial director and vice president of corporate finance. He held other positions at Lehman Brothers, Merrill Lynch and Bank of America. analyze Professional technology and economic and financial background complement each other, and the team fit is strong. Many of the founding team have rich experience in financial payments, fund management and cross-border banking, while nearly half of the members have experience in network technology, data engineering and blockchain. The combination of finance and technology matches the birth and development of the Ripple project very well. In addition, almost all team members have management experience in large enterprises, which has benefited a lot from the development, growth and internationalization of the project. Susan Athey: Professor of Economics at the Stanford Graduate School of Business, holds a bachelor's degree and a Ph.D. from Duke University. He has taught in the economics departments of MIT, Stanford University and Harvard University. In 2007, Professor Athey received the John Bates Clark Medal from the American Economic Association, stating that “American economists under the age of forty are considered to have made the most significant contributions to economic thought and knowledge. ”She was elected to the National Academy of Sciences in 2012 and the American Academy of Arts and Sciences in 2008. Professor Athey's current research focuses on Internet economics, Internet search, online advertising and news media, and virtual currencies. Zoe Cruz: Co-president of Morgan Stanley from 2005 to 2007, responsible for managing key revenue-generating businesses, including overseeing its securities risk management and information technology. From 2009 to 2012, she participated in the founding and operation of her own investment management company, Voras Capital Management. Before becoming co-president of Morgan Stanley, she served as its global head of fixed income, commodities and foreign exchange from 2001 to 2005. She joined the company in 1982 and was the third founding member of the Forex Trading Group. She is a senior advisor to Promontory Financial Group, LLC and is currently the founder and CEO of EOZ Global, a single-family office. Brad: CEO and board member of Ripple. Prior to joining Ripple, Brad served as CEO of file collaboration service Hightail. Previously, he served as president of AOL Consumer Applications from 2009 to 2012 and held various positions at Yahoo. 2003 to 2009, including Senior Vice President. Brad served as CEO of Dialpad Communications, held management positions at SBC Communications and Home Network, and served as an advisor to Silverlake Partners. He currently serves on the boards of Animoto and OutMatch and has served on the boards of Ancestry.com and Tonic Health. Ken Kurson: Editor-in-Chief of Observer Media. He has written Esquire's "Green" column for 17 years, focusing on personal finance, financial investing, and financial technology. He also founded Green Magazine and published a book called Green Magazine's Guide to Personal Finance (Doubleday, 1997). Ken uses these platforms to take complex financial concepts and explain them in a way that is less intimidating for the average reader. Previously, he was a financial analyst at CNNFN, where he was a principal editor at Money and executive vice president at Jamestown Associates. Ben: Over 20 years of experience in legal and financial services regulation at the federal and state levels, including serving as the former Superintendent of Financial Services for the State of New York, Chief of Staff to Governor Andrew Cuomo, and Co-Chair of Governor Cuomo’s Cybersecurity Advisory Council. He also created the BitLicense, an industry-leading regulation for digital asset businesses operating in New York State. Lawsky will help us increase institutional adoption of XRP. Manuel: Ms. Manuel has been a founding partner of RiceHadleyGates, LLC since 2009, along with Condoleezza Rice, Stephen Hadley and Robert Gates. The firm works with senior executives of major companies to assess strategic and political risks and expand in emerging markets. From 2005 to 2007, she served as Special Assistant to the Under Secretary for Political Affairs at the U.S. Department of State. Ms. Manuel is an attorney at Wilmer Hale and specializes in international and Supreme Court litigation, as well as anti-corruption and other governance issues. Affairs and congressional investigations from 2001 to 2005 and 2007 to 2009. Early in her career, she was an investment banker at Salomon Brothers. She currently serves on the Board of Directors and Risk & Governance Committee of Ripple, Inc. and Flexport, Inc. Member of advisory board. and Synapse, Inc. and several nonprofit boards. Simon & Schuster recently published her book on India and China. She graduated magna cum laude from Harvard Law School and received bachelor's and master's degrees from Stanford University. Her extensive experience in government relations and governance makes her a valuable asset to the Board. Takashi Okita: CEO of SBI Ripple Asia, a joint venture between Ripple and SBI Holdings. Prior to joining SBI Ripple Asia, he was the co-founder and CEO of VeriTrans, Japan's leading online payment solutions provider. In 2012, Okita-san co-founded econtext Asia and is committed to expanding Hong Kong's e-commerce payment business in Asia, implementing joint ventures in China, India, Indonesia and Vietnam. As one of Nikkei Business's "100 People Who Changed Japan," Okita-san is recognized as one of the youngest CEOs of companies listed on JASDAQ and the Hong Kong Stock Exchange. He also founded and serves as Chairman of the E-Commerce Asia Association and the Japan E-Commerce Payments Forum. Gene Sperling: served as Director of the National Economic Council and National Economic Advisor to President Clinton from 1997 to 2001, and then to President Obama from 2011 to 2014. Previously, he served as a senior adviser to Treasury Secretary Geithner, advising on financial crisis and auto bailout issues. Serves as lead advisor on financial and employment issues. In 2008, during the presidential campaign, he was Hillary Clinton's chief economic adviser. He is currently President of Sperling Economic Strategies, which provides consulting services to financial firms, start-ups, Fortune 500 companies and charities, including PIMCO. Sperling was named one of the 100 most influential people in global finance by Worth magazine and one of the 50 most influential people in Washington by GQ. Sperling is a graduate of the University of Minnesota and Yale Law School, and attended the Wharton School of Business. analyze The composition of the board of directors is diverse and they all have rich resumes, and they have strong strategic guidance significance. Ripple's board of directors includes Stanford economics professors, Morgan Stanley co-presidents, international economic consultants, and founders of internationally renowned payment institutions. Such a diverse and outstanding composition of directors can not only provide rich development value guidance for the project, but more importantly, it has established public consensus and trust in the project. RippleNet network technology: Based on blockchain technology and set up through the RippleNet Rulebook framework, users can easily achieve on-demand liquidity and operational consistency during cross-border transactions. Moreover, the entire network technology construction has the characteristics of easy access, fast speed, certain results, and low cost. RPCA consensus algorithm: RPCA is an efficient consensus algorithm that generates a block every few seconds and then applies it to all nodes to maintain the validity and consistency of the entire network. Compared with the POW algorithm used by Bitcoin and Ethereum, and the PBFT algorithm used by HyperLedger, the RPCA algorithm has a higher consensus efficiency. It specifically uses a scheme in which sub-networks trust each other internally, and these internally trusted sub-networks form a large network. The trust cost of the sub-network is very low and can be further reduced to the atomic selection of network nodes for other nodes within the sub-network. In addition, there will be certain connectivity threshold requirements between subnetworks. Based on the above solution, RPCA implements an algorithm with high performance and high Byzantine fault tolerance. analyze The technical system has excellent integrity and the consensus algorithm has outstanding advantages. The overall construction of RippleNet network technology has many advantages, such as easy access, fast speed, certain results, low cost, etc., and its smooth operation performance reflects the excellent overall coordination of the network system. In addition, the sub-network technology system setting of the RPCA algorithm enables it to achieve high consensus efficiency. However, there will be relatively few technical highlights. Security: Ripple has more than 5 years of stable technology and security governance input records, demonstrating its best security for use by enterprises and institutions. Scalability: XRP can handle up to 1,500 transactions per second and can even scale to reach the same throughput levels as Visa. Decentralization: It inherits the point-to-point technical principles and systems of digital cryptocurrency, while open source technology and code. And with the development of industry technology, more blockchain innovation principles and validator links have been gradually added. analyze Scalability and security are the most prominent, and decentralization performance is relatively routine. analyze The technical development difficulty is moderate, and the system construction is relatively outstanding. Since the application technology of the Ripple project largely follows the design of BTC's point-to-point prototype technology, and this technology has been relatively mature in operation since its inception, it is very useful for reference and reference, so the development of Ripple technology will not be too difficult, and the current situation of Ripple's relatively stable operating performance can also better confirm this. In addition, given the global background of Ripple's international payment and cross-border exchange, the establishment of its payment system and architecture will be relatively important. Of course, this will take time and also require the consensus of Ripple's ecological participants. analyze The project network system has been established and the auxiliary operation tools are relatively complete. The RippleNet system has been completed and has reached a high penetration and usage rate globally. After years of global transactions and operation of the system, its performance has been stable. In addition, the project has released many related project products, such as development auxiliary tool products, payment network UI, desktop client, etc. analyze Code submissions are frequent, large-scale, and updated in a timely manner. After verification, there are currently 76 code repositories in the Ripple project. The code storage volume is large, and the number of accumulated submissions, branches, etc. is very impressive. In addition, the number of people who have liked its code has been close to 4,000 times, and the update submission time is also relatively timely. analyze The degree of completion is high, but the disclosure of execution dynamics is not complete enough. The Ripple project was born in 2011. Since its development, the project has become very mature, and has been verified and used by a large number of user groups around the world, demonstrating the smooth operation and practical value of its system. However, its development roadmap is missing, and recent project developments are not disclosed in a timely manner. If the above two points can be handled well, the project will become more complete. analyze It has extensive commercial deployment and a large number of cooperative institutions. So far, Ripple has established cooperative relationships with more than 100 companies around the world, involving more than 55 countries and regions. Most of them are international multinational banks and large payment institutions, such as Standard Chartered Bank, SANTANDER CENTRAL HISPANO SA, MUFG, UNIPAY, etc. Standard Chartered Bank: Standard Chartered is a leading international bank operating in some of the world's most dynamic markets for more than 150 years. Standard Chartered has more than 1,000 branches and approximately 3,000 ATMs in more than 60 markets around the world. In addition to being listed on the London and Hong Kong exchanges, it is also listed in Mumbai, India and the National Stock Exchange of India. analyze Investment institutions have a high degree of internationalization and strong overall strength. Ripple has an obvious advantage in the number of investment institutions, most of which are well-known multinational companies and institutions, and their overall comprehensive strength is good. Among its investment institutions, there are many global professional venture capital institutions and strategic investors, such as Google Ventures, CME Ventures, accent, etc. At the same time, investment institutions also include in-depth partners, such as Standard Chartered Bank, SANTANDER CENTRAL HISPANO SA, etc. Google Ventures: It is the venture capital arm of Alphabet Inc. and aims to provide angel, venture capital and growth-stage funding to technology companies. The company operates independently of Google and makes financially driven investment decisions. It seeks to invest in startups in a variety of sectors, from the internet, software and hardware to life sciences, healthcare, artificial intelligence, transportation, cybersecurity and agriculture, among others. analyze The community has a huge number of fans and a high degree of attention. According to statistics, the total number of fans on Ripple's two major social platforms, Facebook and Twitter, has exceeded 1 million. In comparison, the number of fans at this level far exceeds that of most cryptocurrency and blockchain projects in the world, and it also confirms its extremely high community attention. Hee hee hee 8.6 points Ripple's global services cover a wide range of areas, proving high consensus, practical value and development prospects. Ergou 9 points Cross-border payments have always been a problem that has troubled many people. Ripple has made great changes in this aspect, especially the timeliness of cross-border payments has been greatly improved. Debbie 8.7 points The project was initiated relatively early, and the endorsing institutions, cooperative institutions and related partners are all very strong. Overall, it has a strong credibility. To meet you. 8.5 points This should be one of the few high-quality projects currently seen in the blockchain field, which has more realistically solved some pain points in the international remittance business. nameless 9.2 points The Ripple Protocol Consensus Algorithm (RPCA) is not necessarily very profound, but Ripple net is supported by actual scenarios, in other words, it has specific value manifestations. This is the most important, and it is also the essential difference from many blockchain air projects. Currently, about three billion people around the world live in an online world where cars can drive themselves and appliances can communicate intelligently. However, global payments are still stuck in a relatively backward era. Because payment infrastructure was built before the Internet, there have been few updates. Ripple has proposed a new solution for global financial settlement, enabling the world to exchange value as conveniently as exchanging information, thus creating a value network ecosystem. Ripple specifically connects banks and payment providers through RippleNet to send and receive funds globally, thereby creating a frictionless payment experience and scenario, achieving instant settlement and reducing the total settlement cost. Ripple is positioned to create a new experience for global payment and aggregation, and has huge market development opportunities. The Ripple project was launched in 2011. It not only has obvious advantages, but also has a high degree of completion. There are a large number of fans in the community, and combined with its good token performance, the current market acceptance and consensus of Ripple is extremely high. The team has outstanding technical and financial backgrounds, and the overall resumes of the members show good strength. At the same time, the institutional endorsement shows an international and professional trend. In terms of technology, the project itself currently has outstanding advantages. However, digital cryptocurrency and blockchain technology will continue to develop iteratively, so the objective technical pressure environment they face cannot be ignored. In addition, due to the large financial scope of the Ripple project, as its global influence gradually expands, international supervision is bound to follow. In summary, Ripple has a total score of 8.13 points, a rating of A+, and strong overall capabilities. Attached below is a brief review of Ripple, welcome to forward it! WeChat has been revised again In order to allow everyone to get the latest content in a timely manner Please follow the steps below It only takes 4 seconds and you will never miss the ONE.TOP rating from now on ▂Can the Bancor algorithm solve cryptocurrency liquidity problems? 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