LIVE from Sibos: Mr. Ramana Kumar, National Bank of Abu Dhabi NBAD

Normal crypto-coins are a digital asset created to work as an item of trade. New coins may be added through mining. Any person may do this if they've access to a computer.

Mining uses a great deal of time and electricity, however. A fast machine is also vital, to do this successfully. On the other hand, Ripple is a centralised resource, which cannot be mined. A finite number of tokens were generated by the organisation and this number will never be added to. 

Keen to buy Ripple? The process is very simple but you need to take care, whenever attepting an internet purchase of any kind.

Currently, over fifty percent of all buys are made over the internet. Online shopping is simple and easy, meaning that additional numbers of people are switching to this alternative as opposed to facing the throngs in the shops. The web also allows people to carry out better research and pick-up the best deals. Even so, there remains a shadowy side to online shopping. These are the important rules, one must learn.

Always shop from your own home. Thieves may easily access your data when you take advantage of non-private wifi connections, which means it is less dangerous to purchase from your abode than in internet cafes. Don't attempt to make purchases when you are waiting at bus stations, hotels or other free free wifi zones.

Avoid Twitter/FaceBook deals. You cannot rely on these sorts of offers as the majority of URLs are abbreviated. This means you can't be sure that the link transports you to a proper site.

Pay with your credit card. Avoid using a debit card. More than 50% of debit cards require that fraudulent purchases are reported in under two days to get limit liability. Never wire cash to sellers. It's impossible to get your cash back should you do this. Make sure you examine credit card bills. Put online receipts in a designated email folder, so that you may crosscheck transactions.

Don't supply any more info than necessary. You don't have to give out a driver license number. They don't need your social security details either. Should the website ask for this info, it should concern you. Pick long passwords that you can visualize. If your computer asks to remember it, always select 'No'. Should somebody gain access to the machine they could find your credit card number and code.

Do not get caught out by gift card cons. If you get an email that claims you've qualified to be sent a gift card but also requests your credit card details, ignore it. Legitimate sellers will not seek private financial data. Please remember this, because it's necessary that buyers remain cautious when buying on the internet. Buy from home and make sure that the seller is genuine.

Be sure to add to your bookmarks and come back regularly to find out about anything taking place with XRP.