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XRP Ledger Passes a Crucial Test From the Bank for International Settlements

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XRP Ledger Passes a Crucial Test From the Bank for International Settlements

The Bank for International Settlements (BIS) tested the XRP Ledger as a tool for making official statistics tamper-resistant, using blockchain hashes to verify data origin and integrity. BIS Working Paper No. 1374, published September 2, anchors cryptographic fingerprints of official datasets directly onto XRPL rather than storing the data itself on-chain. How the BIS Proof The post XRP Ledger Passes a Crucial Test From the Bank for International Settlements appeared first on BeInCrypto.

Key Takeaways

  1. The Bank for International Settlements (BIS) tested the XRP Ledger as a tool for making official statistics tamper-resistant, using blockchain hashes to verify data origin and integrity.
  2. BIS Working Paper No.
  3. 1374, published September 2, anchors cryptographic fingerprints of official datasets directly onto XRPL rather than storing the data itself on-chain.
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