Ripple payment protocol

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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.

See also