The Ripple History (2004 - 2020)

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A brief history of Ripple

Category: Fintech / Blockchain    Date: December 2020    Keywords: FED, banks, Ripple, XRP, xRapid, blockchain, cryptocurrency  

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A BRIEF HISTORY OF RIPPLE - THE FINTECH COMPANY THAT IS DISRUPTING THE GLOBAL FINANCIAL SYSTEM

Milestones:

  • 2004 - RipplePay
  • 2012 (June) - XRP Ledger created
  • 2012 (September) - OpenCoin founded (now called Ripple)
  • 2015 - Interledger Protocol (ILP) 
  • 2016 - SBI Holdings and Ripple established SBI Ripple Asia
  • 2017 - XRP Escrow created (55B)
  • 2018 - xRapid launched
  • 2019 - Moneygram is using ODL
  • 2020 - Ripple joins ISO 20022
  • 2020 - Ripple is a member of the PayString coalition (48 companies and 125M consumers)
  • Dec 2020 - Ripple and two of its executives are being sued by the SEC over the alleged sale of unregistered securities (XRP)

Ripple is the only enterprise blockchain company today with products in commercial use. Ripple’s global payments network includes over 300 customers across 40+ countries and six continents.

Disclaimer: This graphic is for informational purposes only.

 

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