Ripple Labs has announced Amir Sarhangi, who led Google’s new wireless messaging system, will be the company’s new vice president of products.
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Ripple, the world’s third-largest blockchain, stated it was excited to bring on Sarhangi to further develop its global payment network, RippleNet.
Sarhangi began his role at Google during its acquisition in 2015 of Jibe Mobile, a startup Sarhangi founded and led which developed technology for wireless carriers, rich communications services (RCS).
RCS, widely regarded as a replacement to SMS texting, manages to send multimedia and commercial messages over cell networks much better.
Google has partnered with many mobile device makers as well as wireless carriers to implement RCS technology.
The broad adoption of RCS has been obstructed by Apple, which does not support RCS messages on iOS and by Samsung, which announced only limited support.
Ripple announced that the company has doubled its revenues over the second quarter, selling $163.33 million worth of XRP in Q3 and $73.53 million in Q2.
In September, the firm established a group of cryptocurrency startups to lobby lawmakers and regulators to assist in a more lenient stance toward the asset class.
Coinbase announced that a Charles Schwab board of directors’ member had joined the company’s board.
In October, Nasdaq’s Jeanine Hightower-Sellitto joined New York-based cryptocurrency exchange Gemini as their managing directors of operations to head its customer services team.