Ripple is a cryptocurrency platform with a 100 billion XRP currency with the same name. Transactions on the platform are cryptographically secure, occur on average within 4 seconds, and are confirmed by the consensus of network participants.
Ripple positions itself as a platform for currency exchange transactions, an alternative to SWIFT. It is one of the top ten largest cryptocurrencies by capitalization.
The history of the platform begins in 2004, when Ryan Fugger created the Ripplepay payment protocol.