Google Expert Dev Joins Ripple
In the latest cryptocurrency news, a Google expert developer has made a surprising career move. He basically joined Ripple to spearhead the development of crypto-powered payments network. The company hired the former senior developer at the search engine company’s new wireless messaging service as vice president of products.
Leading Ripple’s RippleNet
The U.S. tech company that backs the third top cryptocurrency by market cap, Ripple (XRP), has confirmed to the media that Amir Sarhangi is leaving his position at Google. This move was greatly influenced by the offer to lead Ripple’s global payments network called 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 official reports, 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.
Support From Regulators
Sometime in late September, Ripple set up a group of crypto startups in order to lobby lawmakers and financial regulators aiming to assist in taking a softer governmental stance towards crypto-related industries. According to the agreement, Ripple will pay Klein/Johnson Group, a bipartisan lobby group, to convey to state authorities that the industry needs support from regulators.
In early October, crypto exchange and wallet Coinbase announced that a member of the board of directors of the Charles Schwab Corporation had joined the crypto firms’ board of directors.
Also in October, the former COO of major U.S. stock exchange Nasdaq subsidiary Jeanine Hightower-Sellitto joined crypto exchange Gemini as their managing directors of operations to lead its client services team.
Over the past few months, it is clear to see how much of a large effort the Ripple company is making for mass adoption. In fact, the phrase “mass adoption” is thrown around quite often. However, the developments of late back that up for Ripple and its native token XRP.