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The Ripple Project

The Ripple Project. By Ryan Fugger (project founder) Mats Eriksson Thomas Hartman Jevgenij Solovjov. Presentation ECCS2010 Mats Eriksson mats@iunctio.com. http://www.ripple-project.org. Contents of presentation. What is Ripple? A few use cases Current status of the Ripple project

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The Ripple Project

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  1. The Ripple Project By Ryan Fugger (project founder) Mats Eriksson Thomas Hartman Jevgenij Solovjov Presentation ECCS2010 Mats Eriksson mats@iunctio.com http://www.ripple-project.org

  2. Contents of presentation • What is Ripple? • A few use cases • Current status of the Ripple project • Current usage and community feedback • Motivations for a distributed monetary system

  3. What is Ripple? • Distributed monetary system • No central credit-issuing body (“bank”) • No central routing authority • Payment network, open, private, accountable • How does it work?

  4. Use cases • Alice & Bob • Carol & David

  5. Current status and community feedback • Technical status • Community feedback

  6. Motivations for a distributed monetary system • Money as IOUs • Bank IOUs • Trusted Intermediaries: Banks and the Government • A Different Trusted Intermediary

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