On July 14, David Schwartz, the new CTO of Ripple and Asheesh Birla, who is the vice president of the product, held a rather interesting Ask Me Anything (AMA) session with supporters of Ripple. While it was a live session, all questions were collected by the Twitter user and, as expected, difficult questions were asked. Most respondents went around the nature of Ripple's decentralization, the effectiveness of XRP and future plans now that they are an independent company.
Obviously, Ripple is a revolutionary company and as the saying goes: great power comes with great responsibility, Ripple is definitely trying to drive and perhaps change the financial landscape using blockchain technology.
Ripple Team is talented
In a direct question directly as David, a user asked if he was "worried about getting bored" after working on several cryptographic projects over the past eight years. Surprisingly, he admitted that he was, but he was pleased that the team around Ripple was talented and "downsized". Remember, before this he worked as Chief Cryptographer where he gave many indications to the inside of his department.
"I actually worried a little about that [being bored working at the company] but it was the other way around, I was able to downplay what I was able to do with talented people and giving them indications on how I think things should be done. "
On the growth of matter and where his priorities are now being replaced by Stephan Thomas, he said that his intentions were to increase the user base of Ripple and increase transactional volumes within the network.
"I think that having that flow of transactions as candidates to be connected with XRP is tremendously important for the company. XRapid is actually making the bridge of payments with XRP, getting those things to scale, getting more partnerships, getting those volumes of live transactions that are meaningful is incredibly important "
XRP and xRapid Integral for Ripple [19659002] Well, this is understood and with a concrete plan in place, I am Several Ripple leaders were quoted before saying that the now independent company was about to board more than 1000 customers in the next two years and even dominate the Indian cryptic market.
David thinks xRapid can play a crucial role in creating new partnerships and in the process of creating transactional volumes a very important fact for Ripple. His statement was taken up by Asheesh Birla who reiterated that the effect of xRapid and XRP was clear and positive. XRP, the native token of Ripple is their on-demand liquidity tool that xRapid uses when facilitating cross-border payment.