What Do Ripple Executives Have Planned for the Future?
Last week, it was revealed that Ripple has been expanding and looking for a Director of Product Management in loans. Yesterday, Ripple posted yet another interesting job listing, this time for a quantitative developer.
New Position: Ripple is building a world-class data platform with tools to monitor market activity and liquidity for #XRP as they scale the payment products in new markets around the world. Preparing for hundreds of live corridors. https://t.co/LigxjL9elVâ CryptoEri (@sentosumosaba) July 11, 2020
As per the listing, here is what the job will entail:
What Ripple's New Addition Might Develop
Based on the listing provided by Ripple, it seems like the new Quantitative Developer might be helping to improve RippleNet and liquidity on demand. They might also help Ripple understand the demand and movement of XRP in both retail exchanges and within RippleNet.
This could in-turn help transform RippleNet to a network that is even more attractive to banks and financial institutions. This could increase demand for XRP by institutions that are looking to make use of RippleNet.
It is also worth noting that a company that is hiring is healthy & growing. This itself could be seen as positive sign to Ripple and by extension XRP holders.
Written by Jonathan Ganor
Writer & cryptocurrency aficionado