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David Schwartz is Ripple's Chief Technology Officer and has been active on most social media platforms, explaining his vision of a decentralized ledger and simplifying the remittance industry through products Ripple and XRP. It can be applauded for clarifying the air compared to how effectively decentralized the XRP register is through a very informative post on the Ripple website. It also has a sense of humor, as can be seen in the following recent tweets with the recent Stellar pump (XLM) in the markets. (XML is a programming language and different from XLM):
I'm not sure what I can say about it:
"And how Lumens XML is much more decentralized than Ripple's RPP, making it much more attractive can induce financial institutions to opt for IBM's Blockchain World Wire. "– David Schwartz (@JoelKatz) 6 September 2018
Interview with Forbes
In a recent article by Forbes magazine, David Schwartz was interviewed by Michael del Castillo.
From the beginning of the interview, it can be concluded that Mr. Schwartz has always had a passion for solving the problem. The following is cited as follows because of the fact that he was once fascinated by the door knobs at the age of 5:
The function of a handle is to control the movement between two spaces. It is a gateway, a barrier and an obstacle. It's a check. When that barrier disappears, you understand it. It sounds silly, but for me it could also be magical.
Trillion Dollar Man interrupting SWIFT
The article goes on to state that under the technical leadership of Schwartz, Ripple is firing to stop the remittance and the cross-border payment industry that was the only arena of SWIFT in the last 50 years. SWIFT currently manages about 25 million messages between banks for the transfer of money with an estimated value of $ 6.74 billion.
David Schwartz goes on to say that:
We want to create a payment network like SWIFT. But one in which the settlement, the actual movement of money, the actual plumbing below the surface, would be an open and decentralized network. The end of the game is money that moves invisibly, with the same ease of information.
More information on the interview is available in the Forbes article which includes details of David Schwartz's patent for a computer distributed 20 years before Satoshi Nakamoto's bitcoin register. This fact has led many enthusiasts of encryption to propose the name of David as a candidate for the true identity of Satoshi Nakamoto as can be seen in the tweet below.
David Schwartz Satoshi Nakamoto ??? @JoelKatz
The conspiracy is growing … many questions … very wow … epic programming … impeccable cryptography … mega gains … world domination … [19659003] The world wants to know! Retweet! #xrp #bitcoin #satoshi #ripple #btc #crypto #digitalasset pic.twitter.com/xWirABYfyD [19659003] – ✖️ eXTRA HaRDCORe XRP ✖️ = 👁🍭 (@XTRA_HRDCOR_XRP) 18 August 2018
[Photo source, forbes.com]
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