The senior director of joint venture partnerships at Ripple, Emi Yoshikawa, has just cleared the agelong misconception people had on Ripple’s products X Series, RippleNet and ODL, after she was questioned by some twitter users.
Yoshikawa said the three early blockchain-based remittance solutions deployed by Ripple, xVia, xCurrent, and xRapid no more exist, confirming that their name has officially disappeared.
After the launch of RippleNet in 2018, lots of people were puzzled by the distinction between the X-series and the former, as they serve the same function. It later became clear that the xVia, xCurrent, and xRapid (X-series) were within the framework of RippleNet.
However, the latest clarification from Ripple’s Emi Yoshikawa suggests that the three remittance solutions have been completely integrated into the RippleNet infrastructure, and their name no longer exist.
Yoshikawa said as a substitute of xVia, RippleNet offers users an on-premise or cloud solution.
Also the director of global operations, Yoshikawa furthered that all Ripple’s remittance platforms are now co-joined to form RippleNet.
Yoshikawa as well described the standing position of Ripple’s recently launched On-Demand Liquidity.
She said ODL is deigned for users as a liquidity option for settlement of transactions. Yoshikawa also said ODL allows customers to perform seamless transactions with the use of XRP token.
“All the infrastructure is RippleNet, and ODL is provided as an option for settlement. So the legal currency base is simply RippleNet (as you said)”, Emi stated in a tweet, adding that the name of xRapid became ODL.