menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Ripple News

>

XRP Ledger...
source image

Bitcoinist

2w

read

300

img
dot

Image Credit: Bitcoinist

XRP Ledger DID Amendment Goes Live: Why It’s A Big Deal

  • The XLS-40 amendment on the XRP Ledger, introducing a new standard for Decentralized Identifiers (DIDs), was activated on October 30.
  • DIDs are unique, user-owned identifiers that are not controlled by any central authority and are designed to be persistent, globally resolvable, and cryptographically verifiable.
  • The XRP Ledger implementation of DIDs involves users creating a DID document and associating it with their on-chain DID object, ensuring authenticity and preventing identity forgery.
  • DIDs on the XRP Ledger conform to the requirements of the DID v1.0 specification, enabling interoperability and trusted digital transactions.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app