Portal Industrial Cartagena Colombia - Forum - Contacts

The creators of Ripple reimagined a very old money transfer scheme that existed back in the Middle Ages. There were no banks then, and if you wanted to send money from city to city, you had to resort to the services of a paying agent. The process worked as follows. You give the paying agent a certain amount + commission and tell him the password, which is known to your friend or business partner living in another city. An agent from your city contacts the same agent living in that city and asks him to transfer the agreed amount to someone who knows the password. And already this agent transfers the money.