Ripple News: BIS Turns to XRP Ledger for 3–5 Second Data Verification

XRP is holding steady while a quieter Ripple news out of Basel gets less attention than it probably deserves.

The Bank for International Settlements just published a working paper describing a proof of concept that used the XRP Ledger to anchor tamper-evident fingerprints of official economic data.BIS Working Paper No. 1374, released Sept.

2, tackles a real gap in SDMX, or the standard institutions use to exchange official statistics, which has no native cryptographic integrity check.

Researchers built dataset fingerprints, compressed them into a Merkle root, and anchored that root on XRPL using a public DevNet node.