RippleNet Advisory Board

Industry Leaders in Banking

RippleNet Advisory Board


Since 2015, Ripple and an advisory team made up of a diverse set of leading transaction bankers have been building the Rulebook, a common framework that ensures operational consistency and legal clarity for every transaction. This group actively advises on maintaining and enhancing the rules and standards as RippleNet grows.

Features


One Simple Integration

Participants can transact with anyone on Ripple’s growing global real-time payment network through a single agreement.

Standard Rules

Functional standards, payment rules and industry-led governance ensure a consistent payment experience.

Operational Certainty

The Rulebook offers clarity and operational certainty for the roles and responsibilities of network participants.

RippleNet’s Rulebook


Ripple’s network uses a common framework, created in consultation with the RippleNet Advisory Board, for processing global payments.

RIGHTS AND OBLIGATIONS OF PARTICIPANTS

Commercial Framework
Eligibility Criteria

BUSINESS AND OPERATIONAL RULES

Functional Standards
SLA for Network Members

RULEBOOK MANAGEMENT

Development and Evolution
Administration and Compliance

A common set of standards and protocols is critical for the integrity of any platform that transfers money across borders. This is an important milestone for banks to embrace distributed ledgers in the move from proof-of-concept to commercial-ready solutions.

Mike Baldwin, Head of Transactional Solutions, Global Transactional Services at Westpac Institutional Bank

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