XRPLabs mobile app Xign or renamed due to copyright issues with JPMorgan Chase

Recently, during the community gathering in Biture, Amsterdam, XRPLabs launched the mobile app Xign. However, in May 2007, JP Morgan Chase announced the acquisition and registration of JPMorgan Xign Corp. JPMorgan’s acquisition of Xign aims to move electronic payment services from one company to another. Ripple XRP's Xign is similar to JPMorgan's Xign and is functionally similar, which makes Ripple's Xign mandatory. It is reported that XignLabs' Xign not only enables users in the XRP ecosystem to trade cryptocurrencies, but also runs on the interledger protocol.