Google Expert Developer Joins #Ripple to Lead Crypto-Powered Payments Network #RippleNet
Ripple has recently hired a former senior developer at Google’s new wireless messaging service as vice president of products, Reuters reports Friday, Oct. 26. The U.S. tech company that backs the third top cryptocurrency by market cap, Ripple (XRP), has confirmed to Reuters that Amir Sarhangi is leaving his position at Google to lead Ripple’s global payments network, RippleNet. Sarhangi reportedly joined Google in 2015 when the tech giant acquired Jibe Mobile, a startup that he founded to develop technology for wireless carriers to implement rich communication system (RCS). The RCS technology standard is considered to be a successor to text messages (SMS) as a better method to send media and commercial messages over cell networks. According to Reuters, RCS technology has seen broad adoption by major global tech suppliers such as Apple and Samsung. The announcement follows the recent report by Ripple that the company has seen its revenues doubled in the third quarter over Q2 in 2018. According to the official data, Ripple has sold $163.33 million worth of XRP in token sales in Q3, which is more than double the $73.53 million that they sold in previous quarter.
About Ripple's (XRP): Built for enterprise use, XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Using XRP, banks can source liquidity on demand in real time without having to pre-fund nostro accounts. Payment Providers use XRP to expand reach into new markets, lower foreign exchange costs and provide faster payment settlement. XRP consistently handles 1,500 transactions per second, 24x7, and can scale to handle the same throughput as Visa. XRP's five-year track record of stable technology and governance makes it ready for institutional and enterprise use.
Ripple’s (XRP) can be bought with fiat dollars, debit and credit cards on cryptocurrency exchanges such as CEX.io and Changelly.com and it can be bought with cryptocurrency on exchanges such as CoinEx, Binance, and HitBTC.