BIS Finds New Use Case for XRP Ledger

utoday09-02 20:31

The Bank for International Settlements (BIS) has tested the XRP Ledger as a public verification layer for economic statistics. With the help of the blockchain, the BIS has created a permanent record ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2664822039?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-02 20:31","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2664822039","market":"fut","top_or_hot":-1,"title":"BIS Finds New Use Case for XRP Ledger","media":"utoday","content":"<div>\n<p>The Bank for International Settlements (BIS) has tested the XRP Ledger as a public verification layer for economic statistics. With the help of the blockchain, the BIS has created a permanent record ...</p>\n\n<a href=\"https://u.today/bis-finds-new-use-case-for-xrp-ledger\">Source Link</a>\n\n</div>\n","source":"utodaynews_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BIS Finds New Use Case for XRP Ledger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBIS Finds New Use Case for XRP Ledger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-02 20:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://u.today/bis-finds-new-use-case-for-xrp-ledger><strong>utoday</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Bank for International Settlements (BIS) has tested the XRP Ledger as a public verification layer for economic statistics. With the help of the blockchain, the BIS has created a permanent record ...</p>\n\n<a href=\"https://u.today/bis-finds-new-use-case-for-xrp-ledger\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XRPR","symbol_name":"REX-OSPREY XRP ETF","start_time":0,"source_url":"https://u.today/bis-finds-new-use-case-for-xrp-ledger","article_id":"2664822039","we_media_id":null,"thumbnails":[],"rights":{"source":"utodaynews_highlight","url":"https://u.today/bis-finds-new-use-case-for-xrp-ledger","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2664822039","pubTimestamp":1788352260,"columns":[],"sourceInfo":{"source_id":"utodaynews_highlight","name":"u.today"},"weMediaInfo":null,"summary":"The Bank for International Settlements (BIS) hastested the XRP Ledger as a public verification layer for economic statistics.With the help of the blockchain, the BIS has created a permanent record tha","collect":0,"end_time":0,"defaultTopTitle":"u.today","property":[],"viewcount":null,"language":"en","relate_stocks":{"XRPR":"REX-OSPREY XRP ETF","UXRP":"Proshares Ultra XRP ETF","XRPK":"T-REX 2x Long XRP Daily Target ETF","BIS":"ProShares UltraShort Nasdaq Biotechnology","XRP":"Bitwise XRP ETF","XRPI":"1倍XRP ETF-Volatility Shares","XRPT":"2倍杠杆XRP ETF-Volatility Shares","XXRP":"2倍做多XRP ETF-Teucrium","XRPC":"Canary XRP ETF","BITW":"Bitwise 10 Crypto Index ETF","BIS.AU":"BISALLOY STEEL GROUP LTD","TOXR":"21shares XRP ETF","XRPZ":"Franklin XRP ETF","BK7129":"钢铁"},"translate_title":"BIS 发现 XRP Ledger 的新用例","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XRPZ":1.5,"TOXR":1.5,"BITW":1.5,"XRPI":1.5,"XRPC":1.5,"XRPR":0.6,"XRPT":1.5,"XRPK":0.6,"BIS":1.5,"XXRP":1.5,"UXRP":1.5,"XRP":1.5,"BIS.AU":1},"content_text":"The Bank for International Settlements (BIS) has tested the XRP Ledger as a public verification layer for economic statistics. With the help of the blockchain, the BIS has created a permanent record that can show whether a published dataset has been altered.Verification problem How can someone who downloads an official statistics file be certain that it is the same file published by the issuers?Official statistics are mostly distributed through digital platforms and consumed by automated systems, including AI tools. The BIS notes that SDMx, the standard used to exchange official statistics, helps institutions publish and distribute data, but there are concerns about providing the stated source. The BIS prototype adds verification with the help of blockchain by keeping an independent record of the dataset's fingerprint.That root is recorded on the XRP Ledger through a Payment transaction using the ledger's memo field. The blockchain stores the cryptographic information that is needed for verification. A proof of concept The paper describes an actual proof of concept built on XRPL's DevNet. The BIS says the system was designed around the ledger's low transaction costs and rapid confirmation times.Under the controlled test conditions, the prototype achieved a median publication latency of roughly three to five seconds. Verification took about one to two seconds. The prototype is built around SDMx, but the authors say the same architecture could be extended to other structured reporting formats, including XBRL. It is worth noting that the BIS experiment remains a proof of concept. Hence, it should not be treated as an official announcement. However, it does demonstrate an unusual use case for the XRP Ledger network, which sometimes gets criticized due to its apparent lack of utility.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.49.0","shortVersion":"4.49.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2664822039","isCrawlerRequest":true}