Former Ripple employee speculates about xPool; says it can be the ‘glue for Ripplenet’s liquidity’

2019-3-29 05:30

Bob Way, former Architect and product manager at Ripple Connect, speculated about a new Ripple technology called xPool that may be in the works at Ripple, in a recent video.

Speaking to Alex Cobb, Bob Way stated that the concept of xPool might be pure speculation based on comments by David Schwartz. He said that one cannot really talk about it because the original speculation is that Ripple used the leftover name from the previous products and used spring with an ‘x.’ Way added,

“The most reasonable expectation is in terms of timing, that is when and where it will be launched. There is a gap in the public messaging from Ripple as a company to the banking community and don’t expect this messaging to be aimed at you. As you are building his network, the bankers are going to want to connect more.”

The former Ripple employee also claimed that the initial move will be within this corridor, suggesting that any such announcement would be speculative. Way continued,

“xPool can be about how it acts as a glue for the liquidity of Ripplenet and the liquidity of xCurrent and xRapid. This combined liquidity can then be used to support xVia and its supported network channels.”

Many have speculated about xPool previously, with some stating that it sounded like a ‘pool of liquidity.’  Some users on the xrpchat also predicted,

“Seems to be some Ripple product for P2P and B2B.  Perhaps, it is related to the recent venture with Gates Foundation with common apps for a wide range of non-bank users as the name suggests (pool of users).  IDK but it would be interesting to find out once these products are launched … at the same time, idk what would the implications be on our dear XRP …”

Ripple’s foray into mainstream adoption was made evident when Ripple partner, Forte attracted top game developers at the Game Developer Conference held in San Francisco. Kent Wakeford, the COO of Kabam, spoke about Ripple’s entry into the field by saying,

“Seems to be some Ripple product for P2P and B2B.  Perhaps, it is related to the recent venture with Gates Foundation with common apps for a wide range of non-bank users as the name suggests (pool of users).”

The post Former Ripple employee speculates about xPool; says it can be the ‘glue for Ripplenet’s liquidity’ appeared first on AMBCrypto.

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