🚨 XRP NOT ON RADAR ANYWHERE? THIS PART HARDLY ANYONE IS TALKING ABOUT… 👀
The Bank for International Settlements (BIS) tested the XRP Ledger (XRPL) in an experiment to verify the authenticity of official statistics. 🔐📊
The technology creates a cryptographic fingerprint of the data and records that proof on the XRPL.
If someone alters the file afterward, the change can be detected.
⚡ In the tests, publication took 3 to 5 seconds, while verification took only 1 to 2 seconds.
💡 Interesting fact:
the experiment puts the XRPL in a very different scenario from the traditional one — using blockchain to prove that information is authentic.
⚠️ Important:
this does not mean that the BIS adopted XRP or the XRPL. It was an experimental prototype.
👀 But if infrastructure connected to the XRP ecosystem starts proving its value in institutional applications, are we looking at one of the most interesting uses of the XRPL? 🚀
$XRP
The Bank for International Settlements (BIS) tested the XRP Ledger (XRPL) in an experiment to verify the authenticity of official statistics. 🔐📊
The technology creates a cryptographic fingerprint of the data and records that proof on the XRPL.
If someone alters the file afterward, the change can be detected.
⚡ In the tests, publication took 3 to 5 seconds, while verification took only 1 to 2 seconds.
💡 Interesting fact:
the experiment puts the XRPL in a very different scenario from the traditional one — using blockchain to prove that information is authentic.
⚠️ Important:
this does not mean that the BIS adopted XRP or the XRPL. It was an experimental prototype.
👀 But if infrastructure connected to the XRP ecosystem starts proving its value in institutional applications, are we looking at one of the most interesting uses of the XRPL? 🚀
$XRP
