Ripple is the name for both a digital currency (XRP) and an open payment network within which that currency is transferred.
Google Ventures and China-based IDG Capital Partners place a bet on OpenCoin, the company behind Bitcoin exchange Ripple.
Digital currency promises to solve some problems of the “real money” world, among them the difficulty of making quick, secure global payments without having to pay a middleman steep fees to exchange one currency for another. While bitcoins have proven they can do the trick, the currency comes with its own problems. Bitcoin can take […]