How to Create a Ripple Account without a Phone Number

Posted on 12/11/24 05:25 am

Ripple Bank: Innovative Financial Solutions for Enterprises
Ripple Bank is well-known among individuals and business owners who are looking for innovative and contemporary financial solutions for their enterprises. It is a highly demanded platform for banking services and other financial organizations.

In today’s reading, let’s explore how businesses can complete the Ripple login without revealing their personal mobile numbers. But first, let’s explore how the platform benefits enterprises.

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What is Ripple in People’s Minds?

When people refer to "Ripple," they often mean one of the following:

XRP Coin – Often simply called Ripple in everyday speech.
Blockchain Platform – Ripple operates on the XRP Ledger network.
RippleNet – A global network used for conducting cross-border financial transactions by banks, payment services, and other financial institutions.

Ripple’s blockchain platform allows users to make transfers and transactions using its native cryptocurrency, XRP. The platform is mostly used by financial institutions and is designed to serve as an alternative to existing interbank transaction systems like SWIFT.

What is Ripple in Terms of Functionality?

Ripple was launched by American software engineers Jad McCaleb and Arthur Britto, along with cryptographer David Schwartz. However, the concept was originally created by Canadian software engineer Ryan Fugger. In 2004, after learning about Vancouver’s local exchange trading system, Fugger saw the potential for a decentralized payment system. The first iteration of this idea, RipplePay.com, was launched in 2005 but did not achieve widespread adoption.

RippleNet is the key product of Ripple Labs, which was launched in 2012. RippleNet combines several components under one name, providing users with tools like:

xCurrent – A banking software for processing cross-border payments. It improves the efficiency of traditional payment methods, ensuring compliance with security standards and regulatory requirements.
On-Demand Liquidity (ODL) – A service that helps banks conduct international transfers without holding various national currencies. By converting fiat currency into XRP, ODL facilitates transactions by using XRP as an intermediary, making international transfers faster and cheaper.
xVia – An API interface that allows users to access different parts of RippleNet. It’s a browser extension that integrates RippleNet components into existing software.

Unlike most cryptocurrencies, XRP is centralized. It cannot be mined, as all XRP coins were pre-mined before their release. XRP offers low transaction fees and can process up to 1,500 transactions per second, compared to Bitcoin’s 4 transactions per second.

What is Ripple in Terms of Working Principle?

Ripple, like Bitcoin, operates on a decentralized network called the XRP Ledger (XRPL). However, unlike Bitcoin’s proof-of-work system, XRP Ledger uses a consensus algorithm called the XRP Ledger Consensus Protocol. This protocol ensures fast, secure transactions with a high degree of integrity, confirming transactions in just a few seconds.

Although financial transactions within the Ripple ecosystem are publicly accessible, the history of these transactions is not directly linked to specific individual or company accounts. Users can also anonymize publicly visible transactions.

Ripple’s XRP Ledger is used for various applications, such as microtransactions, NFTs, decentralized finance (DeFi) protocols, and the creation of stablecoins and central bank digital currencies (CBDCs). The XRP Foundation, a non-profit organization established in 2020, is the primary developer of the XRP Ledger. Notable users of the ledger include BitPay, BitGo, and Forte.

Ripple Registration Process

To register a new business account on ripple.com, you must fill out a feedback form. This allows the Ripple sales team to assess whether their financial tools are a good fit for your business needs.

The registration form requires the following information:

Your name and surname
Country of residence
Name and type of your company
Business email address
What Ripple solution you are interested in
Mobile number
Your organization’s annual revenue
A brief description of your query

Since the form requires sharing a lot of personal information, it’s important to consider privacy. To protect your privacy during the registration process, you can use a temporary email address and phone number. This will help prevent spam and ensure your sensitive data remains secure.

How to Create a Ripple Account without a Phone Number?

Many online services, including Ripple, require you to provide a phone number for verification, often in the form of an OTP (One-Time Password). However, sharing your personal phone number can expose you to potential risks, such as identity theft or unwanted marketing.

To avoid this, you can use SMSOTPVerify to generate temporary virtual phone numbers. These numbers are disposable and provide a layer of privacy, as they don’t require personal identification or real geolocation data.

For example, by setting up an account with SMSOTPVerify, you can anonymously register on 3000+ platforms using a number from over 190 countries, no matter where you are located.

How to Buy a One-Time Use Virtual Phone Number for Ripple from SMSOTPVerify:

Follow these steps to register for Ripple without using your personal mobile number:

Register on smsotpverify.com with your email (or via Gmail).
Top up your balance using available payment methods (fiat or Bitcoin).
Purchase a number in two steps: first, select the service (Ripple) and the country code (e.g., India), then click ‘Purchase’.
Find the purchased number in your SMSOTPVerify account under the "History" section.
Enter the purchased number into the Ripple feedback form when prompted.
Return to SMSOTPVerify and click ‘Get SMS’ next to the number to retrieve the verification code.
Enter the verification code into Ripple to complete your registration.

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