XRP Ledger Tested by BIS Researchers for Data Checks
6 Articles
6 Articles
XRP has 11 days of ETF inflows, but is that enough to break the $1.40 ceiling?
XRP has risen 1.5% over the past 24 hours to around $1.37, rebounding from a low near $1.31 as a Bank for International Settlements test of the XRP Ledger and continued exchange-traded fund inflows have supported the recovery. The Bank for International Settlements detailed a proof of concept using the XRP Ledger in a working paper published on Sept. 2, giving XRP a fresh catalyst as the price recovered towards $1.38. BIS researchers used XRPL t…
🚨 BIS tested the $XRP Ledger for the verification of official economic data. 📌 The prototype recorded the cryptographic fingerprint of the dataset on the blockchain. ⏱️ In the controlled test, the release time was 3 to 5 seconds, and the verification time was 1 to 2 seconds. 🧩 The study remained a proof-of-concept built on the XRP Ledger DevNet, not an official product announcement. Read More: BIS tests XRP Ledger for the verification of offi…
BIS Finds New Use Case for XRP Ledger
The Bank for International Settlements just tested the XRP Ledger as a way to verify official economic statistics.
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