In the age of digital networks, payment systems have been transformed by the development of digital financial technology, with paper money gradually transforming into cashless payments, such as credit cards and third-party payments, which can be made with the swipe of a finger. …
This converts to around three to seven transactions per second, depending on the size of the transaction.…
XRP Ledger (XRPL) is an open-source platform with a fast transaction throughput of 1500 transactions per second and low transaction fees. …