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You're reading from  Ripple Quick Start Guide

Product typeBook
Published inDec 2018
Reading LevelIntermediate
PublisherPackt
ISBN-139781789532197
Edition1st Edition
Languages
C++
Concepts
Cryptocurrency
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Author (1)
Febin John James
Febin John James
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Febin John James

Febin John James is presently working on building autonomous lending and borrowing protocol on the Ethereum blockchain. He also works as a tech and marketing consultant to ICOs and blockchain-based start-ups. He has years of experience in building and scaling tech architectures from scratch. His blockchain stories on Medium have gained a lot of popularity and have been translated into multiple languages. He writes for well-known publications such as Hacker Noon and freeCodeCamp. He is also the author of the book, Cloud is a Piece of Cake. Previously, he worked as the CTO of Boutline, a sports start-up. He has also bagged devices, cash prizes, and recognition from companies such as Intel, Blackberry, and Microsoft.
Read more about Febin John James

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Advanced payment applications

Since Ripple uses blockchain technology, it allows applications beyond transferring money from point to point. Let's have a look at such applications.

Cross-currency payments

At the beginning of this chapter, we saw how ripple enables currency exchange through banks. However, Ripple has built-in exchange features that allow traders to create offers to exchange currencies. This enables people to send cross-currency payments through the Ripple network.

How does it work?

In the first chapter, we learned that Ripple allows you to exchange...

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Ripple Quick Start Guide
Published in: Dec 2018Publisher: PacktISBN-13: 9781789532197
© 2018 Packt Publishing Limited All Rights Reserved

Author (1)

author image
Febin John James

Febin John James is presently working on building autonomous lending and borrowing protocol on the Ethereum blockchain. He also works as a tech and marketing consultant to ICOs and blockchain-based start-ups. He has years of experience in building and scaling tech architectures from scratch. His blockchain stories on Medium have gained a lot of popularity and have been translated into multiple languages. He writes for well-known publications such as Hacker Noon and freeCodeCamp. He is also the author of the book, Cloud is a Piece of Cake. Previously, he worked as the CTO of Boutline, a sports start-up. He has also bagged devices, cash prizes, and recognition from companies such as Intel, Blackberry, and Microsoft.
Read more about Febin John James

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