Zeconomy and Ripple Partner to Launch Digital Commercial Paper on XRPL

Founder Sam Bizri says blockchain can give small businesses global reach comparable to major tech corporations.

XRP

Summary

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Terms & Concepts
  • Digital Commercial Paper: A blockchain-based version of short-term, unsecured promissory notes issued in digital form to raise funds or facilitate trade.
  • XRPL (XRP Ledger): An open-source, decentralized blockchain technology developed by Ripple for fast and low-cost transactions.
  • Blockchain: A distributed digital ledger that records transactions in a secure, transparent, and tamper-resistant manner.