Try our free plan, and get a 15% discount for your first annual subscription until February 2025!

Get Started

Ripple

What is Ripple?

Ripple, now known as RippleNet, is a technology company that focuses on providing solutions for cross-border payments and remittances. It was founded in 2012 and aims to improve the efficiency of global financial transactions using blockchain technology and digital assets.

Key Features:

  • Digital Asset (XRP) for Cross-Border Transactions
  • Decentralized Payment Network
  • Consensus Algorithm for Transaction Validation
  • Support for RippleNet Members
  • Integration of Second-Layer Solutions like the Lightning Network

Use Cases:

Ripple's technology is primarily targeted at improving the efficiency of cross-border payments, reducing the need for intermediary accounts, and providing cost savings for financial institutions.

Visit their official website to learn more:
https://ripple.com/
Accounting Features Supported for
Ripple
Unrealized G/L & Impairment Calculation
Soon
Reconciliation & Sanity Checks
Soon
DeFi Protocols
Soon
NFTs Valuation
Soon
Automated Rule Categorization
Soon
Integration to ERPs, QBO, Xero, Netsuite, etc.
Soon

Talk to an Expert

Learn how you can save hours from month-end closing.
Streamline crypto accounting to move your business faster