Ripple Ecology is a border reserve system initiated by the Ripple Fund co-founder. Ripple Ecology is similar to American ecology in the field of digital financial resources. It was launched worldwide on October 1, 2018. As the total amount of Ripple's currency will gradually decrease with the increase in the number of transactions, and the reserve system will reduce the speculative frequency of transactions to reduce the inefficient loss of XRP in a wide range, so as to play an energy saving role in the cross-border payment system of Ripple. Ripple Ecology collaborates with investment companies like Google, IDG Capital, FF Angel, Softbank Group and China Huachuang Capital to build an ecological community, revive the price of the currency to about $ 200, and the daily income of the ecological community comes from the capital market.
Ripple is the only general currency in the Ripple system. It is different from the other currencies of the Ripple system. Other currencies such as CNY and USD can not be withdrawn via the gateway. In other words, the CNY issued by gateway A can only be retrieved in gateway A. If you want to withdraw into gateway B, you need to convert the Ripple system billing function to CNY of gateway B before you can withdraw into the B. The gateway Ripple currency has no restrictions. It is universal in the Ripple system.
The following figure shows the former Federal Reserve Chairman Bernanke attending the Ripple Conference:
Ripple's ambition goes beyond the encrypted currency to be listed on the Nasdaq. Ripple's ambition is not just to be the number one player in the encrypted currency market. Through the Nasdaq listing, the company can achieve the objective of leading the financial and commercial sectors with decentralized financial instruments. Ripple spent four months promoting his XRP as the first quoted cryptography currency when Nasdaq launched its cryptography platform in 2019.
The far-reaching significance of Ripple's ecology lies in:
• Reducing the frequency of high-frequency trading of the Ripple currency and causing a rapid decline in the number
• The reduction in speculative liquidity through currency reserves reflects the true operating value
Let the owner of Ripple enjoy the right to participate in the creation of the market, accelerate the dissemination of the market for the application of the Ripple block chain, realize the global and fast value of cross-border payments, create the model of digital economy and create a huge social benefits.
Ripple is the world's first open payment network, which is Ripple's main competitiveness. Through this payment network, any currency can be transferred. It is fast and easy. The transaction confirmation can be completed in a few seconds. The cost of the transaction is almost zero. There is no so-called cross-border and cross-border payment cost. Ripple Labs is currently responsible for development, operation and maintenance. Because of the privacy of bank data, in addition to the media network (multilevel network) that Ripple has spent a lot of money to build for over ten years to meet the hardware requirements of the financial system, other digital currencies can not meet the privacy of the cross-border payment required by banks.
Ripple Currency is the only universal currency in the Ripple system, which provides a rapid and cost-effective cross-border payment and settlement data package for the global financial system. It has no restrictions and can fulfill the function of second payment and transnational regulation. The Ripple currency is the base currency of the Ripple network, the total number of 100 billion and, with the increase in transactions and gradually reduce, in general, the Ripple network is like a highway network and the Ripple currency is the only one that can work freely on the highway.
Ripple Payment Network is invested by Google for $ 1 billion! Ford has invested $ 200 million! Rockefeller! The richest Rothschild family in the world has invested (the Ross family's assets are 2200 Ma Yun and 800 Bill Gates). The Chinese capital of Huachuang, including Softbank of Sun Zhengyi, which invested in Ma Yun, and more than 20 major venture capital companies in the world, participated in Ripple!
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