Ripple is a blockchain technology platform that offers a payment system using a virtual currency called XRP. The platform is designed to help financial institutions send money across borders instantly, reliably, and at low cost. Ripple's system enables customers to pay in any currency, with no chargebacks and instant global payment options. The company's platform is open-source, providing developers with the tools to create custom applications and integrate them into the Ripple network. Overall, Ripple's mission is to simplify the global payment process and make it more accessible to all.