Ripple was launched in 2012 by RippleNet, a payment network, with a decentralized company that aims to enable payment systems to process transactions faster using blockchain technology. Many major banks in the world have joined the RippleNet network and can transfer money faster using RippleNet instead of swift transfers. Banks that use Ripple platform have a great advantage against banks that do not use it. Financially, Ripple focuses on "Value of Internet". This means that sending money should be as fast as sending information in the current technological age.