In a post published earlier this week, Uquid has detailed the advantages of Ripple’s XRP. It explained how it makes the digital shopping more comfortable on its platform.
“Customers who were not doing international transactions are now using the service. Customers who were using international transfer are now doing it more,” the Uquid said, highlighting the effect of Ripple’s XRP.
Meanwhile, Uquid noted, “RippleNet offers the most advanced blockchain technology for global payments. It makes it easy for financial institutions to reach a trusted, growing network of 300+ providers across 40+ countries.”
“Too often, global payments are costly, unreliable, and slow. The underlying systems are fragmented and complex.,” Uquid said.
It said that one of the benefits that XRP Ledger is fast, as it settles in 4 seconds.
Furthermore, the XRP consistently handles 1,500 transactions per second, 24×7, and can scale to feel the same throughput as Visa.
Also, XRP has a decentralised network of more than 150 validators globally.
Speaking of stability, XRP has a seven-year track record of stable technology and governance. This makes it ready for institutional and enterprise use, Uquid continued.
Moreover, it is eco-Friendly. The XRP Ledger instantly settles XRP transactions without the energy costs associated with proof of work., Uquid noted.
XRP fans can have 30,000 digital products up to a 70% discount price at Uquid Digital Shop, according to Uquid.
Additionally, the shop also provides Gift cards, Digital Games, Coupons, and world-wide mobile Top-up cards for those customers.
Products and Vouchers
Uquid also offers Gift Cards and Vouchers, such as Software, Calling cards, Food Voucher, and Pharmacy Voucher.
Moreover, Uquid announced a number of upcoming services of daily life products. These include “health and Beauty, Food and Groceries, Clothing, Travel, Transport, Music, Entertainment, Communication Instant, and Video Games and Streaming.”
Uquid is a self-styled World’s first company to provide cross-border digital services with blockchain-friendly payment types. Launched in 2016, Uquid completed 11m transactions between 2016 and 2017, according to its official website.
For Ripple, it is a US-based technology company that use blockchain technology and digital assets to enable financial institutions to send money across borders instantly.