Store of Value

You might’ve heard an asset referred to as a store of value and wondered what that means. Put simply, a store of value is designed to act as a place to “park” your funds to beat inflation. Every year your fiat will depreciate by around 4%. In order to get around this, people store their funds in a stable, deflationary asset. An example of this is Bitcoin – commonly referred to as digital gold. 

XRP Ledger (XRPL)

The XRPL is a public, open ledger built on the XRP network. The XRPL has smart contract capabilities, when combined with its cheap and fast (4 second) transactions it becomes clear why so many developers are making the move onto this exciting ledger. The XRPL facilitates projects being created on the network in a similar way to the Ethereum ecosystem.