Ripple (XRP)

Unlike the other cryptocurrencies, it is centralized, since it is used to carry out banking transactions almost instantaneously and at low cost. Ripple is divided into 3 lines; Ripple company, Ripple protocol and Ripple currency as XRP.

This network can support transactions in seconds, providing scalability at the same level as Visa, however XRP can not be mined since there is an established amount of 100 billion.

According to its latest growth scale in 2017, in January its price was below the dollar cent (0.006 USD) and currently its maximum price is around 3.9 USD.

Ripple is associated with banks such as BBVA Spain and financial services such as American Express and MoneyGram.

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