What does Ripple’s branding pivot means for XRP – Plus VeChain, BAT and Verge (XVG) News

Less than 30 days ago Ripple announced major brand changes for their product fleet, dropping the established names for xCurrent, xVia and xRapid as the new comprehensive name of RippleNet encompasses all three.

The word “pivot” in the tech startup community has traditionally invoked disparate, yet passionate reactions.

“Pivot believers,” are quick to justify their point-of-view by referencing household name tech brands, like Pinterest, Groupon and PayPal, that have successfully navigated through one, two or maybe even three pivots. Often, many pivot believers have actually never been involved in a pivot themselves; rather, they simply embrace the doctrine that most companies, no matter the industry, don’t get ‘it’ right on the first try.

“Pivot deniers,” in contrast, shiver and shake at the very letters that spell the word. Their sentiment is perhaps driven by experience, but more likely it is ego, cynicism or overt frustration. Pivot deniers, by nature, don’t easily deal with change and are less likely to embody the startup pillars of flexibility and poise under pressure. As such, deniers associate a pivot with weakness, either in leadership, technology or strategy, or a combination thereof, and they are quick to reference pivots gone wrong, such as MySpace, Joost and Friendster.

The reality is that there are some truths to both pivot believers and pivot deniers opinions. Let’s face it – pivots are not ideal, but are sometimes essential to a tech startup’s survival, and are certainly not an indicator of imminent failure.

The most exciting change was the simplification of XRP into ODL or on-demand liquidity, and how it will revolutionize our world and our lives for the better.

International payments, especially in emerging markets, require pre-funded accounts in destination currencies. It’s a costly endeavor that ties up resources. RippleNet provides an alternative. Any financial institution on the network enjoys reliable, instant and lower-cost transactions, those who use the digital asset XRP to source liquidity can do so in seconds—freeing up capital and guaranteeing the most competitive rates available today

Ripple Website

Liquidity on demand is crucial for healthy global markets, the FED recently began printing money to fix the liquidity problems in the global economy.

If banks and financial institutions didn’t have trillions sat in Vostro accounts it could be better used for investment, job creation and hold off the coming collapse. Read more about this here.

Vechain News

VeChain has announced two new official, in-house developed solutions that will be actively maintained by the core development team: the VeChain Official Blockchain Explorer and the VeChain Sync Official Ledger Wallet Interface.

The explorer will have richer functions and we plan to continuously update and add new features to it.  The VeChain Official Blockchain Explorer will go live by the end of November. In the meantime, as an alternative, you can use VeChain Insight, a functional and serverless VeChain blockchain explorer developed by Vechain core dev team to inquire accounts, tokens, transactions, block information.

The VeChain team has already been working with the Ledger team to improve the VeChain app on Ledger. Once this process is complete, the new method to access your ledger wallet will be through our desktop wallet and dApp browser, Sync. Ledger users will be able to use their Ledger VeChain wallet address in Sync to access their VET and VIP180 tokens, enjoy and use dApps and sign transactions.

The new VeChain Sync Official Ledger Wallet Interface will be available within two weeks starting from 21 October, 2019.

BAT and Brave Browser News

According to the Brave Browser GitHub repository, Brave ads support for iOS devices is about to go live next month. The work is marked as 64% complete with November 6th as a stated deadline for release.

Brave browser has been regularly impressing the public and its supporters with its growth curve.

Privacy-focused internet browser Brave has hit 8 million-mark in terms of monthly active users.

Announcing the news on Wednesday, Brave said daily active users, on the other hand, have surpassed the 2.8 million mark.

Verge (XVG) News

It has been confirmed that Verge (XVG) is now live on Voyager, an app connecting numerous exchanges to give users extensive access to lots of digital currencies. Voyager app shared this information via its official Twitter handle.

Verge was created in 2014 under the name DogeCoinDark. In 2016, it was rebranded to Verge. Verge had no ICO and relies solely on the support of its community. The core team also remains anonymous and has signed its “black paper” with their usernames only.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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