The online marketplace named Uquid Digital has recently highlighted the benefits of Ripple and its technology in helping its business grow. As it stands, the Ripple XRP token helps Uquid Digital to grow its list of users.
A new blog post is where all of the details can be found. Released by Uquid Digital, the post discusses the speed and scalability of Ripple’s XRP token and how it made shopping much more convenient for its customers.
In the online shop, we can see that users can purchase over 30,000 digital products at discounts of up to 70%, as the company wrote in the Ripple news. At the launch, Uquid described this online market as “the world’s largest digital shop for crypto users” worldwide.
The online store now offers games for Steam, Xbox, PlayStore, Origin, PSN, Rockstar, Windows Store, battle.net, as well as gift cards and coupons. In addition to this, bills such as the electricity bill or Internet bill can be paid through the shop. The Ripple XRP token helps Uquid to attract more users and sell its products such as food, clothing, shoes, travel, music and much more.
When it comes to XRP, Uquid also noted that customers who have not previously conducted any international transactions are now using its service. They described that the company chose to integrate XRP because it is “an approval-free, decentralized blockchain technology that allows XRP to be sent directly without the need for a central intermediary.”
Too often, global payments are costly, unreliable, and slow. The underlying systems are fragmented and complex. RippleNet offers the most advanced blockchain technology for global payments — making it easy for financial institutions to reach a trusted, growing network of 300+ providers across 40+ countries and six continents.
Uquid also said that the Ripple XRP token helps them as it bridges two different currencies in a quick and efficient way. They are featured in the cryptonews for mentioning this, and describing the great transaction speed powered by XRP transactions. The marketplace claimed that with an average of 3.77 seconds and zero network transaction fee, the benefits are obvious.
In the end, Uquid also noted that XRP Ledger is a stable solution, stating that “XRP’s seven-year track record of stable technology and governance makes it ready for use by institutions and corporations.”
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