Blockchain startup Ripple Labs makes headlines in our crypto news today for announcing the hiring of Amir Sarhangi who worked at Google on a new wireless messaging system, now will be placed as Ripple’s vice president of products.
This San Francisco-based startup is among the most popular startups that want to capitalize on the blockchain technology. The team expressed their excitement to work with Sarhangi and share their plans to develop the well-known payments network- RippleNet.
Sarhangi joined Google three years ago with the acquisition of Jibe Mobile which was a startup founded by Sarhangi himself. His startup was the one that started developing this technology for wireless carriers.
This new project is seen as a descendant to SMS texting since it’s well handled. Sending multimedia and other commercial texts or showing your airline boarding pass will be easily handled over cell networks.
Google sees this as an opportunity for a potential revenue generator and thus partnered with multiple wireless device markers so they can introduce the new messaging system-RCS.
Sarhangi will guide Ripple in order to expand the RippleNet which is a network of various financial institutions and banks that use Ripple’s technology for faster and more efficient cross-border payments.
In the same time, another great news considering Ripple is that XRP has just been added to two new cryptocurrency exchanges. OmniTrade, for example, is a Brazilian exchange that just announced on their twitter account that XRP is now available. Also, XRP is now in Yobit as well.
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