Ripple and XRP Ledger Double Down on Global Payments Journey and Enterprise Infrastructure

Ripple and the XRP Ledger are focusing on global payments and enterprise infrastructure, according to Monica Long, the company's president. The XRP Ledger is a decentralized public ledger that allows anyone to contribute or use its open source code base. The ledger was created as a faster and cheaper version of bitcoin, with the goal of enabling fast and free value movement. Long believes that blockchain technology can provide a more competitive pricing model for foreign exchange transactions, which are currently dominated by a small number of players with significant capital.