Using Ripple for assets accounting, loans, deposits, stock exchange, etc

3

If Ripple can handle money as exchanger, is it possible to use it for other financial operations like assets accounting, loans, deposits, stock exchange etc.?

economicus

Posted 2013-05-03T02:24:54.957

Reputation: 101

Answers

3

Ripple has a contract system under development. This will allow people to bind Ripple assets or accounts to a set of rules. This should be usable for most of the things mentioned in your question.

Loans, ideally, would be done just as negative balances on a pathway.

David Schwartz

Posted 2013-05-03T02:24:54.957

Reputation: 46 931