International payment Corporation ( IDC ) has claimed that the US payment infrastructure is to trial a new payment network based on the payment infrastructure of FinTech company Ripple . IDC has also said that it expects the value of Ripple 's technology to grow " exponentially " in the years ahead ; Ripple is a subsidiary of Bitcoin , focusing more on the payment infrastructure than the currency itself .
International Data Corporation (IDC) has claimed that the US Federal Reserve is to trial a new payment network based on the payment infrastructure of FinTech company Ripple. IDC has also said that it expects the use of Ripple's technology to grow "exponentially" in the years ahead; Ripple is a rival of Bitcoin, focusing more on the payment infrastructure than the currency itself.