Difference between revisions of "RipplePay"

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(Created page with "==About== There are essentially two sites associated with RipplePay. The original site for p2p "personal credit" software is at [https://classic.ripplepay.com/ classic.ripplep...")
 
(update, more info)
 
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==About==
 
==About==
There are essentially two sites associated with RipplePay. The original site for p2p "personal credit" software is at [https://classic.ripplepay.com/ classic.ripplepay.com] and the newer, more traditionally-oriented service site is at [https://ripple.com/ ripple.com]. The latter seems to offer only international payment services for businesses under the brand-name "[[Ripple]]".
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The [[RipplePay]] concept seems to have evolved from a user-oriented, distributed system to a service being sold to large banks. The major phases:
 
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* [https://web.archive.org/web/20120828085037/http://ripple-project.org:80/Main/HomePage RippleWiki] (last updated 2011-11-20, last online in 2012): "Ripple is a project to build a new kind of monetary system based on the trust present in our ordinary social and business relationships."
The RipplePay concept seems worth exploring, though it's difficult to imagine a scenario in which it acquires enough users to really become useful beyond simple tracking of personal debt.
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* [https://classic.ripplepay.com/ About Ripple] ("classic" RipplePay): p2p personal credit concept
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* [https://ripple.com/ ripple.com]: blockchain-based banking services, offered under the brand-name "[[Ripple]]".
 
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==Links==
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* [https://classic.ripplepay.com/about/ classic.ripplepay.com]: explains the concept
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* [https://web.archive.org/web/20120828085037/http://ripple-project.org:80/Main/HomePage RippleWiki] (via archive.org)
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** [https://web.archive.org/web/20120822022444/http://ripple-project.org:80/Main/Concept Concept]
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* {{wikipedia|Ripple (payment protocol)}}: explains much; HTYP article probably needs to be split up and expanded
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==Notes==
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The idea of {{l/wp|Hawala}} seems like a non-computer-oriented version of this, with brokers instead of everything being peer-to-peer. In practice, a RipplePay site might be acting kind of like a Hawala broker.

Latest revision as of 15:02, 12 July 2018

About

The RipplePay concept seems to have evolved from a user-oriented, distributed system to a service being sold to large banks. The major phases:

  • RippleWiki (last updated 2011-11-20, last online in 2012): "Ripple is a project to build a new kind of monetary system based on the trust present in our ordinary social and business relationships."
  • About Ripple ("classic" RipplePay): p2p personal credit concept
  • ripple.com: blockchain-based banking services, offered under the brand-name "Ripple".
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Links

Notes

The idea of Hawala seems like a non-computer-oriented version of this, with brokers instead of everything being peer-to-peer. In practice, a RipplePay site might be acting kind of like a Hawala broker.