Srini Ramakrishnan wrote [at 12:12 PM 8/1/2007] :
Ripple is an open-source software project for developing and implementing a protocol for an open decentralized payment network. In its extreme form, the Ripple network could be a peer-to-peer distributed social network service with a monetary honor system based on trust that already exists between people in real-world social networks.
i.e., codify hawala. http://en.wikipedia.org/wiki/Hawala Udhay -- ((Udhay Shankar N)) ((udhay @ pobox.com)) ((www.digeratus.com))
