The speed and scalability of XRP are in play with Uquid Digital Shop that recently admitted that the cryptocurrency XRP has made shopping comfortable for its customers.
According to Uquid, XRP holders can now enjoy over 30,000 digital products, with up to 70% discount price at its digital shop. Part of what Uquid provides include Digital Games, Gift cards, Coupons, and world-wide mobile Top-up cards.
Uquid added that the service is now being adopted by its teeming customers. The digital shop stated that those who were not interested in international transactions have started using the service, while the customers that are used to international transfer now do it more using the service.
Why Uquid Digital Shop Decided To Accept XRP
According to the report, the digital shop started accepting XRP because it can be sent without third party interference, which makes it a convenient instrument for bridging two different currencies quickly and efficiently.
Uquid also itemized the attractive transaction metrics of the digital token XRP, stating that its Settlement Speed is 3.77 seconds, Network Transaction Fee is zero, with 1,500 Transactions per Seconds.
Uquid Digital Shop further stressed the utilities of XRP. According to the digital shop, the Ripple’s payment tool, RippleNet, offers the most advanced blockchain technology for global payments. This, it said makes it easy for banks and financial institutions to reach a trusted and emerging network of over 300 providers in more than 40 countries across the world.
Uquid Digital Shop Listed the Benefits of XRP Payments to its customers as follows:
Fast — Payments moving across the XRP Ledger settle in 4 seconds.
Scalable — XRP consistently handles 1,500 transactions per second, 24×7, and can scale to feel the same throughput as Visa.*
Distributed — Run by a decentralized network of 150+ validators globally.
Stable — XRP’s seven-year track record of stable technology and governance makes it ready for institutional and enterprise use.
Eco-Friendly — The XRP Ledger instantly settles XRP transactions without the energy costs associated with proof of work (or mining).