As to what this XRP Ledger update solves, Pumpius noted that for banks, this means that KYC can be verified instantly without any leaks. Governments can utilize it for compliance purposes without resorting to bulk surveillance, while users maintain total privacy and control. He then affirmed that this feature is the “holy grail of digital identity.”
Pumpius maintained that the XRP Ledger is the go-to network because it isn’t a “toy blockchain.” He noted that it is fast, scalable, and institutional-ready. Furthermore, with the DNA protocol and the ZK privacy update, the market commentator declared that it has become the only ledger where identity, privacy, and liquidity live together.
