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    Categories: Blockchain

    A payment network and real-time gross settlement system (RTGS). Ripple is intended to facilitate the near-instantaneous transfer of money between two parties, and can be exchange for any type of currency, including gold and fiat. It does not employ a traditional blockchain, but rather uses a HashTree to reach consensus among validating nodes. It is the third most valuable cryptocurrency project, behind Bitcoin and Ethereum.

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    Justin Chan
    Dr Justin Chan founded datadriveninvestor.com, a media and tech application platform designed to help fund managers, individual investors and data scientists uncover outstanding sources of alpha from data. Previously, he specialized in strategy development in a number of hedge funds and served as a senior quantitative strategist at GMO. An expert in microstructure, market liquidity, and behavioral finance, Dr. Chan holds a doctoral degree from UCLA and served as a finance professor at Singapore Management University. He can be reached at [email protected]