XUMM, Ripple's banking application is in the launch phase

Developer Wietse Wind has announced that the XUMM banking app has started its beta phase on iOS and Google Store since March 23, 2020. XRPL Labs warned that the app should not be used to manage “high values” for the moment. Wietse Wind, the developer of XRPL Labs, has confirmed that the beta version of XUMM will provide its users with the ability to access traditional banking services, without the intervention of third parties, and is expected to drive adoption and uptake.use of XRP.

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1 XUMM will provide access to banking services without going through a bank

2 The charm of XUMM: ease of use

2.1 Related posts:

XUMM will provide access to banking services without going through a bank

In late January 2020, Wind, who is known for creating the XRPTipBot and the XRParrot, announced that the XUMM was nearing completion. The banking app is intended to provide users with easy access to banking services. For example, it is possible to manage fiat currency (such as dollars and euros), the XRP and contact information, as well as creating transaction logs and balance sheets. In other words, XUMM users will be able to access banking services without depending on any institution. Wietse explains via its Twitter account: “Yes, we will actually be releasing the public beta of XUMM to the iOS App Store and the Google Play Store today. “

The charm of XUMM: ease of use

The developer expects both the Google Play Store and the App Store to approve the app soon. As announced by XRPL Labs, the application interface will be easy to use and will not require advanced knowledge of electronic wallet or similar applications. As the published version is in beta, the developer warned that it is better not to have a “high value” account at the moment Wietse also said that it would be better not to make large value transfers at this stage of the MUMM. In any event, Wietse Wind will broadcast live on Periscope to talk about the future of the application and answer questions from users.

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On its show, Wietse will likely talk about the “pro” version of the app and the limitations of the beta version. The “XUMM Pro” version will allow users to access more features. However, the basic version will have all the features essentials available. According to Wietse, the pro version will only aim to add value to XUMM services.