While coins like Bitcoin and Litecoin are used as money and can be used to pay for goods, or to send to friends and family or to be held as investment assets, Ripple and its XRP coin go further than that. Other than just a payment system, Ripple's technology also works as a platform for asset exchange and value transfer.RippleNet customers use the digital token XRP to source for liquidity when handling cross-border transactions. Here, rather than working with a pre-funded account in a bank in the other country, clients can directly send the funds via XRP- all in real time, and saving huge amounts of capital, time, and other financial costs.Other key use cases for the XRP token include:• Platform escrow• Peer-to-peer (P2P) purchases• Online voting