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The Libra currency is built over the Libra blockchain. It is an interoperable open-source ecosystem of financial services which is built by organizations and developers to help people and businesses hold and transfer Libra for daily use. The Libra blockchain prioritizes scalability, efficiency, storage, and adaptability. The Libra blockchain aims to serve as a solid foundation to meet the financial requirements of billions of people.

A blockchain is a distributed decentralized ledger which is spread across a network which is shared over a peer-to-peer setup. This means that data exchange happens directly and there is no central authority which controls or manipulates it.

It is an open-source protocol designed to allow transactions in a fast and cheap manner. Ripple is not just a platform but a currency. This platform has its own currency known as XRP but also allows people to create their own currency via RippleNet.

In a historic verdict passed by the Supreme Court of India, the ban imposed in cryptocurrency trading by the Reserve Bank of India (RBI) has been reversed to the joy of cryptocurrency traders and struck down as unconstitutional.