Ripple payment protocol and STEP2: Difference between pages

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''Blockchain - cross-border payments''
A bulk clearing for EUR-denominated low-value cross-border transactions within the EU.  
 
Ripple is a peer-to-peer protocol for cross-border payments, with no central hub.
 
 
<span style="color:#4B0082">'''''SWIFT v Ripple - cross-border payments'''''</span>
 
:"One possible practical application of blockchain technology has been identified as payments - specifically, cross-border payments.
 
:Currently, there are two principal approaches being taken: SWIFT gpi with a hyperledger protocol (a closed private blockchain), and Ripple with an interledger protocol (peer-to-peer with no central hub).
 
:There are pros and cons to both approaches..."
 
 
:''The Treasurer magazine, September/October 2017, p11 - Technical Briefing.''


Run by the clearing arm of the Euro Banking Association,




== See also ==
== See also ==
 
* [[EBA Clearing]]
* [[Blockchain]]
* [[Euro Banking Association]]
* [[Distributed ledger]]
* [[EURO1]]
* [[Fintech]]
* [[Pan-European Automated Clearing House]]
* [[Protocol]]
* [[Payments and payment systems]]
* [[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT)
* [[STEP1]]
* [[SWIFT gpi]]
 
 
==Other resource==
[http://www.treasurers.org/node/10047 Peer Pressure, The Treasurer, April 2014]


[[Category:Cash_management]]
[[Category:Cash_management]]

Latest revision as of 23:57, 30 November 2021

A bulk clearing for EUR-denominated low-value cross-border transactions within the EU.

Run by the clearing arm of the Euro Banking Association,


See also