XRP as a payment method.
standing ovation accepts digital assets as a payment method.
XRP is one of the most commonly traded digital assets worldwide. More than 250 fiat currencies are already paired with XRP and trade on more than 400 markets. But XRP is more than just a digital currency. Because its creator Ripple, a fintech company based in California, has built up an extremely rapid transaction network known as RippleNet.
RippleNet is currently actively used by more than 200 financial institutions.
RippleNet brings particular efficiency to something that Bitcoin makes rather laborious, namely executing transactions. Whereas Bitcoin is a peer-to-peer network, XRP acts as a bridging currency between the traditional (i.e. originally gold-backed) fiat currencies. In addition to the more than 200 financial institutions already actively using RippleNet, dozens of other companies are currently in pilot phases or on the verge of going live.
The Ripple protocol is an open standard that also incorporates existing payment networks such as Swift GPI via API technology. Indeed, Distributed Ledger Technology (DLT) and RippleNet are even viewed by the IMF as the future of financial transactions. The adoption of RippleNet – and therefore the use of XRP as a digital asset – is proceeding at a rapid tempo worldwide.
Future solution for financial transactions.
As a live communications agency with innovative clients in the technology and finance area, we want to be a first mover. For us, creativity is inextricably linked to technology. And this is particularly true of the understanding of technology. So our acceptance of XRP is about much more than embracing a new payment method: It represents our entry into the blockchain economy. Would you like to pay for our services with XRP? Contact us and we’ll take it from there.
Find out more at: ripple.com