In the last chapter, we learned to work with Ripple currency. In this chapter, we'll learn the applications of Ripple. Studying the applications of Ripple will help us get insight on the future potential of Ripple. For developers, this chapter will lay a foundation for the upcoming chapters where we'll learn to code escrows and checks. We will also look into some of the common misconceptions about Ripple.
The following topics will be covered in this chapter:
- High speed and low-cost payments
- Cross-currency payments
- Checks
- Escrows
- Payment channels
- Initial coin offering
- Decentralized exchange
- Common misconceptions about Ripple