Ripple customers will be able to seamlessly interact with each other thanks to a new product underthe name "RippleNet Home."
According to the presentation presented atSWELL conference this year, RippleNet Home will enable companies to gain real-time visibility into their payment flows and performance. In this way, companies will be able to improve their own capabilities and expand into new markets.
The platform is useful for estimating market size andinstant search for the most suitable partners for the growth of the company's business. By joining together, RippleNet members can enjoy low fees and instant settlement through Ripple's on-demand liquidity (ODL) service.
We note that RippleNet currently has over 300 members, dozens of whom use ODL to conduct cross-border settlements with XRP.
Ripple CEO Brad Garlinghousesaid 2019 was the company's strongest year yet. However, this is certainly not the case for XRP. The company's token remains under selling pressure even during the highly anticipated conference, and is currently trading at $0.283.
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