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Bank of America Posts ‘Ripple Project’ Job Opening, Crypto Asset XRP Goes Unmentioned

A recent job listing on LinkedIn shows Bank of America has been searching for a “treasury project manager” to help lead a secretive Ripple project.


The job notice, which was posted two months ago, is no longer listed as accepting applications.


Back in June, Google Patents published a patent application from Bank of America which highlights Ripple’s distributed ledger technology. The title of the application, still under review by the U.S. Patent and Trademark Office, is “Real-time net settlement by distributed ledger system.”


In a series of images, the patent references Ripple, but not the digital asset XRP. It also references and describes a Ripple “settlement scheme.”


According to the recent job listing,


“This role leads the product management team for the Ripple Project, a decentralized ledger technology based solution to cross border payments marketed to GTS clients.”

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