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Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency
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Ethereum is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. Ether is a cryptocurrency whose blockchain is generated by the Ethereum platform.
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Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native cryptocurrency called XRP (ripples). Released in 2012, Ripple purports to enable secure, instantly and nearly free global financial transactions of any size with no chargebacks. It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.