🚨 BIS and JP Morgan Will Use XRPL for Something Bigger Than Payments
BIS just published Working Paper 1374 anchored official data on the XRP Ledger with Merkle proofs and then pointed to zk-proofs as the next step.
This was the exact protocol DNAOnChain built on XRPL: private credentials on-ledger using market roots and zk-proof using $XDNA.
And today they announced rolling out the transparency layer.
JP Morgan said private credentials are the missing primitive for tokenization at scale and released a report on “private web3.0 identity.”
THE EXPERIMENT PHASE IS OVER.
BIS ran the Merkle test. DNA Protocol is shipping the zk + institutional credential stack.
Zcash just ripped ~2,400% as the privacy trade of the cycle. Meanwhile, $XDNA is the privacy rail they built on XRPL for institutions while everyone was watching ZEC.
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