XRP Community Discusses Bank of America Job Posting For Managing ‘Ripple’ Project

Libra Coin News
Thu, 10/10/2019 - 08:29
Yuri Molchan
The XRP Army is having a heated discussion over a job posting from the Bank of America that requires managing the local ‘Ripple’ project which will not be using XRP
Cover image via U.Today

In summer this year, the Bank of America filed a patent for a money wiring blockchain-based system titled ‘Ripple’. However, the same name blockchain technology from the company run by Brad Garlinghouse or XRP asset were not mentioned in it.

'Ripple' patent by BAO, image by https://patents.google.com

Earlier today, an XRP investor @digitalassetbuy retweeted a post that bears a screenshot of a job posting made by Bank of America.

The BOA seeks to fill the position of a Treasury Product Manager. The posting also mentions a ‘Ripple’ project and that managing it will be part of the successful applicants’ job duties.

The salary in discussion totals $99,200 per year.

Many in the XRP community took the news quite enthusiastically, apparently, believing that it is somehow actually connected with the ‘real’ Ripple and XRP.

Ripple Partners with Finastra Startup to Let It Use XRP and Access Global RippleNet Customers

However, some reckon this job posting is fake news.

Image by Twitter

The LinkedIn page for this vacancy, however, says the job position is no longer active.


What is your opinion on this news? Feel free to share it with us in the comments section below!

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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