Ripple recently hired a former senior developer at Google's new wireless messaging service as vice president of products, according to Reuters on Friday October 26th.
The US technology company that supports the third cryptocurrency by market capitalization, Ripple (XRP), has confirmed to Reuters that Amir Sarhangi will leave his position in Google to lead Ripple's global payments network, RippleNet. Reportedly, Sarhangi joined Google in 2015 when the technology giant acquired Jibe Mobile, a startup he founded to develop wireless carrier technology to implement a rich communications system (RCS).
The RCS technology standard is considered a successor of text messages (SMS) as the best method for sending multimedia and commercial messages over cellular networks. According to Reuters, RCS technology has seen a widespread adoption by major global technology providers such as Apple and Samsung.
The announcement follows the recent Ripple report that the company saw its revenues double in the third quarter compared to the second quarter of 2018. According to official data, Ripple sold $ 163.33 million of XRP in sales of tokens in the third quarter, which is more than double the $ 73.53 million they sold in the previous quarter.
At the end of September, Ripple created a group of cryptic startups in order to put pressure on legislators and financial regulators who aim to help take a softer government position towards industries related to encryption. According to the agreement, Ripple will pay to the Klein / Johnson Group, a bipartisan pressure group, to inform state authorities that industry needs regulatory support.
In early October, the cryptographic exchange and the Coinbase wallet announced that a member of the board of directors of the Charles Schwab Corporation had joined the board of cryptocurrencies.
Also in October, the former general manager of the major American stock exchange Nasdaq, a subsidiary of Jeanine Hightower-Sellitto, joined the Gemini cryptocurrency as managing director of operations to lead its customer support team.