Evan Schwartz
Connecting Payment Systems Evan Schwartz Company dedicated to - - PowerPoint PPT Presentation
Connecting Payment Systems Evan Schwartz Company dedicated to - - PowerPoint PPT Presentation
Connecting Payment Systems Evan Schwartz Company dedicated to Global, supporting decentralized, Ripples development open source network Evan Schwartz Ripple payments are Fast Free In any currency Global Secure ACH settles in 3+
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Evan Schwartz
Global, decentralized,
- pen source network
Company dedicated to supporting Ripple’s development
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Evan Schwartz
Free In any currency Secure Global Fast
Ripple payments are…
Wire transfers cost $5+. $1 pays for 5+ million transactions on Ripple ACH settles in 3+ days vs. 5 seconds
- n Ripple
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Evan Schwartz
Payments technologies are not interoperable
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Evan Schwartz
Inter-network transfers are slow and expensive
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Evan Schwartz
Web payments need decentralized clearing and settlement
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Ripple connects payment technologies
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Evan Schwartz
Ripple connects payment networks
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Basic Users Merchants Market Makers Gateways
Ripple has four broad categories of users
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Evan Schwartz
Send from any currency to any currency
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Receive only the currencies you want
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Market makers facilitate exchange
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Market makers compete on distributed exchange
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Financial institutions serve as entry and exit points on Ripple
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Deal only with institutions you trust
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Connected, without needing any prior arrangements
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- Connects other payment technologies
- Global, distributed, open source network
- Fast, free, secure, and easy to integrate