Walgreen's announcement that it will send its workers to a private health insurance exchange to buy their own plans is a sign of the times that isn't going away.
I hope it goes without saying that Iâm incredibly pleased by the progress we have made to date - with a broad group of global FI customers. And there are powerful network effects that we have seen accelerating that momentum. - Brad Garlinghouse, CEO of Ripple. Source: Quora Session with Brad Garlinghouse, October 2017
The term Ripple is often used interchangeably for the digital currency (XRP), the open payment network that the currency is transferred, as well as the holding company. Ripple is a privately held, cash flow positive company that aims to create and enable a global network of financial institutions and banks to use the Ripple software to lower the cost of international payments. Ripple calls this global network using Ripple software the âInternet of Valueâ. The XRP ledger is an open-source product created by Ripple. It was created to solve a major point of friction in international payments which is the pre-funding of nostro/vostro accounts.