XRP integration into OMNI, the role of Xpring in the company's growth discussed by the leader

On 7 December, the official YouTube channel of the leading blockchain company, Ripple, published an interview with Tom McLeod – CEO of OMNI. Ripple and OMNI approached after the startup decided to integrate XRP as a tool to provide liquidity to its customers. During the discussion, McLeod shed light on the link with Xpring and its role in facilitating the change that OMNI aims to bring into the world. In his words:

"Xpring is a long-term believer in the world we want to see and the world we are building, and this is the key to the mindset on which Xpring revolves, how they plan to participate with companies and see them grow".

In the interview, the OMNI leader also talked about the purpose that led his company at this stage. Here, he announced that the connection of the world through the rental service had played an important role. OMNI started with the idea of ​​storing and collecting things, but at this point, the team is building the entire rental market.

He also stated that everything that one has can be used to connect with the rest of the world by offering it for common utility and to gain capital in the process. In his words:

"So if you have a bike and you do not use it, someone else can use it when you do not use it, and now you can even make extra money, and so it becomes an entire system.We say it's almost as if the air bnb meets the dropbox for everything. "

With regard to the incorporation of XRP into OMNI services, McLeod cited liquidity as the key objective of this integration. He also said that he sees OMNI as a long-term bank in which bicycles, books, camping equipment and other rentals count as assets, similar to the legal currencies of the outside world. Therefore, according to McLeod, XRP could be an excellent tool to provide quick liquidity and cash the capital that is obtained through the rental side.

Finally, it has propagandized one of the fundamental values ​​in which OMNI believes that the world should be interconnected more quickly and efficiently.

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Priyamvada is a full-time journalist at AMBCrypto. A graduate in journalism and communication at Manipal University, she believes that blockchain technology is a revolutionary tool for advancing the future. Currently it has no value in cryptocurrencies.