Ripple Plans on Union of xVia, xRapid and xCurrent in a single solution, Convergence


Ripple, the company behind the third most important cryptocurrency XRP plans to unite the three main products: xVia, xCurrent and xRapid in a single cost-effective solution called Convergence according to Jim Chauncey-Kelly, Director of Talents Acquisition at Ripple. Technically, xVia is not a network solution, but rather an API solution that allows communication during cross-border settlement with XRP at the center of the scene.

Convergence-A Ripple Merger

While there was no official Ripple's communication about the software solution called Convergence, details of the work behind the scenes was apparently overthrown by Jim in a recent interview in which he was quoted saying that part of the reason why they were building their own team and taking a lot of engineering in the first half of the year was largely due to Convergence a software solution that synchronizes three of their main products.

With Convergence, the societies of individuals who would like to transfer capital from one part of the world would still enjoy the benefits of speed and security or top the immediate quotation of the total cost of transactions that is well known to be low .

Although his tweet was removed, this did not stop the community from speculating and fueling excitement especially in the XRP community with some members saying it was a "smart move" and that this merging it will be the true genesis to push the blockchain product to new heights.

Ripple Eye & # 39; s China

Since then Kelly has made clear that there is no software solution known as "Convergence", Ripple continues to lead the group in creating innovative and strategic partnerships for facilitate cross-border payment solution cross

In the first quarter of this year, Ripple announced a partnership with LianLian and American Express in Hong Kong even though their overall plan is to make progress in mainland China, as explained earlier by Jeremy Light, Vice-President of the Strategic Accounts of the European Union. In an interview with CNBC, Jeremy said that China is an "interest" and "a definite goal".

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