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* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

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

    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    General Motors (GM) Files Blockchain-Based Map Network Patent for Autonomous Vehicles

    General Motors (GM) plans to build a self-updating navigation system on blockchain to allow use across “specific roads” on autonomous vehicles. In a newly...

    BTC Proposes a Greater Value Than Gold; $670M Transferred For 26 Cents Within Its Network

    Bitcoin’s value proposition in fund transfers is so far one of the most cost-friendly avenues to send money globally. A recent transaction within its...

    COVID-19's Impact On The Economy Claims Another Business as Cambrial Capital to Shut Down

    Cambrial Capital which focuses on a Crypto fund of funds is set to shut down its operations in the near future according to insiders...

    Apple’s New Intelligent Prevention Tracking (ITP) on iOS Threatens Burner Wallets Existence

    Apple’s recent upgrade on the Safari WebKit might soon phase out the convenience of burner wallets within the cryptocurrency space for its users. ...

    Galaxy Digital's Mike Novogratz: This Is The Year For BTC Or I Might ‘Hang Up My Spurs'

    Bitcoin proponent, Mike Novogratz is still “most excited” about the world's leading cryptocurrency but “if it doesn't go all out by the end of...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.