Bank for International Settlements

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Ripple CEO Says BIS Testing With XRP Ledger Is No Surprise to Him

Ripple CEO Brad Garlinghouse said a BIS research team’s decision to test the XRP Ledger was unsurprising, citing its fees, speed, and record. The experiment used XRPL to help authenticate official statistical datasets. Garlinghouse Highlights XRP Ledger’s Technical Record Ripple CEO Brad Garlinghouse reacted on Sept. 4 after the Bank for International Settlements (BIS) published […]

Bitcoin.com NewsBitcoin.com NewsKevin Helms6 Sept

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

BeInCryptoBeInCryptoLuis Blanco3 Sept