XRP Ledger

XRP Ledger is an open-source decentralized blockchain technology that allows for the secure and efficient transfer of digital assets, primarily the cryptocurrency XRP. It was created by Ripple Labs and is designed to facilitate fast and low-cost international money transfers. The ledger utilizes a unique consensus protocol that allows transactions to be validated by a network of independent validators rather than through traditional mining processes. This enables quicker transaction times and scalability while maintaining a high level of security. The XRP Ledger supports the issuance of tokens and smart contracts, making it versatile for various financial applications.