My Focus Lies in Using New Technologies for New Products: XRP CTO

• David Schwartz says that his key focus remains on applying new technologies to new products for its customers.
• The defendants in the SEC vs XRP case filed the under-seal Memorandum of Law.
• XRP is trading at $0.4528 after its price dropped by 3.65% over the last 24 hours.

The CTO of Ripple and XRP Ledger architect, David Schwartz, says that his key focus remains on applying new technologies to new products for its new customers. He further recalls Ripple’s limitations in 2018 when its services were limited compared to now.

Schwartz expressed on Twitter his thoughts on Ripple after an all-leaders meet:

Furthermore, Schwartz emphasized the difficulties the company faced in its true blue days, adding that his passion is seeking technologies for the company that can enable them to do things that they couldn’t do before. Schwartz also envisions building products that they couldn’t make before, and target customers that they couldn’t target before, or giving customers features they didn’t know they wanted and couldn’t imagine they could have.

While that was said, on a lighter note, Schwarts added in banter that his hobby lies in using AI images to troll Brad Garlinghouse, the CEO of Ripple, on Twitter.

In the most recent development in the SEC vs. XRP case, the defendants, Brad Garlinghouse and Chris Larsen filed the under-seal Memorandum of Law in response to the SEC’s Motion for Summary Judgment.

Since the filings were under-seal, the public will not be able to read the 56.1 statements, counter statements, exhibits deposition testimony, etc., until late December or January.

At the time of writing, XRP is trading at $0.4528 after its price dropped by 3.65% over the last 24 hours, according to the crypto market tracking website, CoinMarketCap.