Ripple payment protocol: Difference between revisions
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* [[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT) | * [[Society for Worldwide Interbank Financial Telecommunications]] (SWIFT) | ||
* [[SWIFT gpi]] | * [[SWIFT gpi]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 01:25, 24 January 2024
Blockchain - cross-border payments
Ripple is a peer-to-peer protocol for cross-border payments, with no central hub.
- SWIFT v Ripple - cross-border payments
- "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.
