Image post
Instagram

Ripple-powered XRPL Labs had released Xumm, an application where users could store both crypto and fiat currency such as Euros and Dollars, in their wallet account in July 2019. . According to Wietse Wind, the XRPL Labs’ Lead Developer, the main objective behind the rollout was to build an application similar to a banking app but without the intervention of a traditional financial entity. . The upcoming project would also enable the enterprises to benefit from the platform and API by allowing them to connect with consumers. . After the upcoming project has been licensed, what was being touted as a “gateway”, was speculated by the community as a tool that would potentially disrupt the existing legacy bank wallets. . Let's spread the good word about Crypto✌ ✔Follow @crypto.preneur . 📷Credits to owner Source: ambcrypto . . . . #btcmining #huobi #bitcoinengland #icx #cryptocurrencys #cryptolifestyle #xvg #bitcoinusa #xlm #bitcoininvesting #blockchainnews #steemit #cardano #xmr #zcash #bch #altcoins #tron #coinbase #cryptocurrencies #bitcoinnews #ico #ethereum #blockchain #bitcoin #cryptopreneur