Review:
Ripple
overall review score: 4.5
⭐⭐⭐⭐⭐
score is between 0 and 5
Ripple is a real-time gross settlement system, currency exchange, and remittance network. It allows for secure, instant and nearly free global financial transactions of any size with no chargebacks.
Key Features
- Real-time settlement
- Currency exchange
- Remittance network
- Secure transactions
- Low transaction fees
Pros
- Fast transactions
- Low fees
- Global reach
- Secure network
Cons
- Centralized control by Ripple Labs
- Controversial relationship with traditional banking system