The XRP Ledger just showed up in a BIS working paper. Four of the five authors work at the BIS.
They built a proof of concept on XRPL DevNet that anchors cryptographic fingerprints of official statistics. Anyone can then check who published a dataset and whether it changed after release.
They picked the XRPL for the low fees and fast finality, the developer resources, and the published research on how its consensus protocol works. In their controlled tests, publishing took 3 to 5 seconds and checking took 1 to 2.
When these researchers needed a public ledger for an official-data prototype, the XRPL is what they built on
$XRP $XLM
They built a proof of concept on XRPL DevNet that anchors cryptographic fingerprints of official statistics. Anyone can then check who published a dataset and whether it changed after release.
They picked the XRPL for the low fees and fast finality, the developer resources, and the published research on how its consensus protocol works. In their controlled tests, publishing took 3 to 5 seconds and checking took 1 to 2.
When these researchers needed a public ledger for an official-data prototype, the XRPL is what they built on
$XRP $XLM
