Ripple is a real-time gross settlement system (RTGS) that allows to make instant money transfer without any currency or country restrictions. Nowadays, Ripple is looking forward to cooperating with banks in to introduce a more efficient and operative way of transactions conducting. There is no blockchain in Ripple. It is rather a database distributed among the network nodes with high operating speed. Ripple’s bandwidth is 1,5000 transactions per second. Equally important is that the cost of each of transaction is only a fraction of a cent. Ripple platform has its own internal currency — XRP, which does not require mining.