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Connecting Payment Systems Evan Schwartz Company dedicated to - PowerPoint PPT Presentation

Nov 21, 2023 •492 likes •673 views

Connecting Payment Systems Evan Schwartz Company dedicated to Global, supporting decentralized, Ripples development open source network Evan Schwartz Ripple payments are Fast Free In any currency Global Secure ACH settles in 3+

  1. Connecting Payment Systems Evan Schwartz

  2. Company dedicated to Global, supporting decentralized, Ripple’s development open source network Evan Schwartz

  3. Ripple payments are… Fast Free In any currency Global Secure ACH settles in 3+ Wire transfers cost $5+. days vs. 5 seconds $1 pays for 5+ million transactions on Ripple on Ripple Evan Schwartz

  4. Payments technologies are not interoperable Evan Schwartz

  5. Inter-network transfers are slow and expensive Evan Schwartz

  6. Web payments need decentralized clearing and settlement Evan Schwartz

  7. Ripple connects payment technologies Evan Schwartz

  8. Ripple connects payment networks Evan Schwartz

  9. Ripple has four broad categories of users Basic Users Merchants Market Makers Gateways Evan Schwartz

  10. Send from any currency to any currency Evan Schwartz

  11. Receive only the currencies you want Evan Schwartz

  12. Market makers facilitate exchange Evan Schwartz

  13. Market makers compete on distributed exchange Evan Schwartz

  14. Financial institutions serve as entry and exit points on Ripple Evan Schwartz

  15. Deal only with institutions you trust Evan Schwartz

  16. Connected, without needing any prior arrangements Evan Schwartz

  17. • Connects other payment technologies • Global, distributed, open source network • Fast, free, secure, and easy to integrate Evan Schwartz

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