Ripple's Convergence Solution: XRP's Real Savoir Or Just A Hopeful Dream?

Jim Chauncey-Kelly, the Director of Talent Acquisition for Ripple, recently had an interview at Interview Now on August 9th. During the discussion, he talked about the concept of Convergence, which many XRP community members are wondering if it will actually come to be.

In the interview, he said,

“Earlier in the year, a big part of what my team was focused on was hiring a lot of engineering. This was probably our biggest push because we are building a software called Convergence that syncs together all of our 3 major products into one seamless format. For example, if American Express (one of our clients) wants to send $500 to a bank in Thailand, there is an immediate quote of what that exchange is, and the money goes through. This is something that brings together all of our products to further enhance RippleNet which is very exciting.”

If Convergence becomes a real concept within Ripple, it is supposed to be a full integration that includes all of the software products, including xVia, xCurrent, and xRapid. In fact, the entire community has been talking about it, but the article published about it cannot be found anywhere now. The only mention remaining comes from one Twitter user that replied to a Ripple tweet. The user requests additional information about the topic, saying that it was mentioned, but no other details are available.

Everything surrounding Convergence is hypothetical right now, and Chauncey-Kelly himself tweeted on the topic, saying,

“Hi All – for clarity — we have 3 products – xCurrent (in production) and 2 more on the way – xVia & xRapid. They will be on a ‘convergence’ release soon. There is not a software actually called ‘convergence’.

Even though this tweet clarifies the previous interview statement, he has deleted this tweet as well, which is even more confusing.

Basically, it seems like the company is working to establish a connection between xCurrent and xRapid, though it is not clear that there will be a single and seamless options available. The whole community may have the right idea that this “Convergence” solution will happen, but Ripple’s ability to adapt to many different solutions is part of its appeal.

Get Free Email Updates!

*Action Required* Enter Your Email for Trending Crypto News & Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

[Domain Disclosure] The crypto-community content sourced, created and published on BitcoinExchangeGuide should never be used or taken as financial investment advice. Under no circumstances does any article represent our recommendation or reflect our direct outlook. We b-e-g of you to do more independent due diligence, take full responsibility for your own decisions and understand trading cryptocurrencies is a very high-risk activity with extremely volatile market changes which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Coin Market Cap Price Change 24 Hour Volume
BTC $138.51B $7,820.1236 -2.31% $7.45B
ETH $26.26B $247.4326 -3.68% $2.83B
XRP $16.57B $0.3934 -4.07% $873.22M
BCH $7.18B $403.6687 -3.89% $707.58M
EOS $5.68B $6.2233 -1.88% $796.8M
LTC $5.57B $89.9991 -5.77% $779.31M
BNB $4.05B $28.6800 -1.65% $264.08M
USDT $2.87B $1.0019 0.04% $7.07B
XLM $2.56B $0.1330 -5.95% $65.1M
ADA $2.19B $0.0846 -1.23% $104.39M

Get 3 Free Bitcoin eBooks for Limited Time Only

Receive three exclusive user guides detailing a) What is Bitcoin b) How Cryptocurrency Works and c) Top Crypto Exchanges today plus a bonus report on Blockchain distributed ledger technology plus top news insights.

LEAVE A REPLY

Please enter your comment!
Please enter your name here