Credit: Original article published by The Capital.

Devraj Varadhan of Amazon has joined Ripple as Senior Vice President (SVP) of Engineering. He will replace Christopher Kanaan, a longtime Blockchain enthusiastic.

The CEO of Ripple commented that he was thrilled to welcome the new member to the company’s All-Star Technology team.

Ripple’s all-star engineering team continues to grow — thrilled to welcome Dev as our new SVP of Engineering! https://t.co/OH5ceDOX4K

– Brad Garlinghouse (@bgarlinghouse) January 11, 2021

Prior to being hired by Ripple, Varadhan served as vice President of engineering services at Amazon from October 2017 to December 2020.

In his statement, he claims that technological progress can have a profoundly positive impact on humanity:

When I led engineering Teams at Amazon, I experienced first-hand, large-scale customer-oriented innovations that provided people with vital things.

According to Varadhan, the Ripple network will make the global financial network more efficient by connecting the possibilities of Blockchain to the Internet of values and making it as easy to transfer money. He said:

Ripple’s financial network RippleNet and the open development platform RippleX open up the possibilities of Blockchain and Digital Asset technology. They enable financial institutions, Startups, founders and entrepreneurs to dramatically improve the speed, cost and reliability of the way people around the world conduct transactions.

Ripple continues to attract high-profile executives In December 2020, Sandie O’connor, ex-chief Regulatory Affairs Officer at JPMorgan, considered one of the most powerful women in banking, joined Ripple’s Board of directors.

This happened just a week before the U.S. Securities and Exchange Commission (SEC) took Ripple to court for allegedly illegal XRP sales.

Despite the legal problems, Ripple apparently remains attractive for high-profile executives. We should wait and see how the SEC will decide about XRP fate in February 2021.

Originally published at https://thecryptobasic.com on January 12, 2021.

Check out our new platform 👉 https://thecapital.io/

https://twitter.com/thecapital_io

https://medium.com/media/3b6b127891c5c8711ad105e61d6cc81f/href


Ripple Hires Top Amazon Manager And Continues To Attract High-Profile Executives was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.

This article is strictly for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. CryptosOnline.com does not provide investment, tax, legal, business or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any loss or damage caused or alleged to be caused by, or in connection with, the use of or reliance on any content, goods, services or opinions mentioned in this article.

Categories:

Tags:

Comments are closed

Translate

Visit Our Other Websites

EdgyBranding.com - Premium Domain Names.

Notezi.com - Social Network

Dexize.com - Ultra-Priviate DEX.

ClassicAutomobile.org - Classic Automobile News.