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XRP Ledger lets institutions share account duties without sharing their keys

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XRP Ledger lets institutions share account duties without sharing their keys

The XRP Ledger (XRPL) now lets institutions delegate account tasks while retaining control of their primary signing keys. The PermissionDelegationV1_1 amendment went live on Oct. 8 at ledger 107,524,865. It lets account owners assign specific transaction permissions to other accounts. The upgrade mirrors the division of responsibilities in traditional finance. Treasury departments, compliance officers and […] The post XRP Ledger lets institutions share account duties without sharing their keys appeared first on CryptoSlate.

Key Takeaways

  1. The XRP Ledger (XRPL) now lets institutions delegate account tasks while retaining control of their primary signing keys.
  2. The PermissionDelegationV1_1 amendment went live on Oct.
  3. 8 at ledger 107,524,865.
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Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.