Ripple Have Announced Two Big Changes in Their Structure
Ripple have announced 2 main big changes within their staff structure that could well see some of Ripples operations take on a new direction.
According to a recent post by Ripple, David Schwartz, the former Chief Cryptographer at Ripple has been appointed the new role of Chief Technology Officer (CTO) and Kahina Van Dyke has been appointed the role of Senior Vice President, Business and Corporate Development.
According to Brad Garlinghouse, the CEO of Ripple:
“David and Kahina exemplify success. At every step in their careers, they have shown the type of leadership qualities and business prowess that will be instrumental as Ripple continues to grow. This is a fantastic duo that showcases the two sides of Ripple. David is a world renowned leader in the blockchain and digital asset world, and Kahina is a seasoned veteran in the traditional banking and financial services industries.”
Going forward, Schwartz will be now responsible for the technological development of Ripple, focusing on improving the level of transactions that Ripple services can handle. Schwartz has commented on his new appointment:
“As CTO, I’ll get to lead a world-class group of engineers, scientists and business executives, which is what makes coming to work every day so exciting. I’m looking forward to the challenge.”
Van Dyke is now responsible for the future development of Ripple (XRP) as a business and a corporation. Her previous experience sets her up with expertise in risk mitigation and in the connection of people across the world through financial technology services. Likewise, Van Dyke has commented on her new appointment:
“By reducing friction and delivering better options for individuals and businesses, Ripple offers a compelling opportunity to be a transformative force for good in the world of money movement. It’s an exciting time in the industry — and I feel very fortunate to be a part of creating the next generation of global payments.”
You can see the full announcement at ripple.com.
These changes are essential in ensuring that Ripple keep up with changing demands within the market. Hopefully the pair will provide further clarity on the future of Ripple and will work to ensure that the great reputation of Ripple is maintained through the coming years. Best of luck to both of them!