What problem does this service solve?

eXPerience Chain aims to drive cryptocurrency adoption by changing the way stake rewards are distributed and calculated.Ripple is an exchange and remittance network that aims to to allow fast financial transactions between banks, at minimal cost. Its protocol is built upon an open source distributed consensus ledger. XRP is the native currency that acts as a bridge currency between financial institutions to settle payments.

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Company Description

eXPerience Chain is a community focused cryptocurrency with a unique Proof of Stake consensus mechanism. The team behind the project is based in South Korea. Their consensus mechanism is called Age Burnable PoS (ABPoS).

Ripple is a real-time settlement and remittance network that is designed for the banking industry. Its settlement infrastructure technology has been adopted by a growing list of financial institutions looking to leverage the benefits of distributed ledgers. Ripple's real-time settlement network connects banks and enables cross border settlements and transactions in real-time. The current settlement infrastructure requires many intermediaries, and performing transactions take time and cost money. Ripple provides the underlying infrastructure for banks, and enables these transactions to be executed directly at almost no cost.

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