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XLS-100 Smart Escrows Documented on XRP Ledger for Oracle-Based Settlement

The XRP Ledger documentation now covers XLS-100 Smart Escrows, a feature designed to trigger escrow settlement automatically using oracle data feeds.

XRP

Summary

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Terms & Concepts
  • XLS-100 Smart Escrows: A proposed XRP Ledger feature for programmable escrow settlement that can execute automatically when specified conditions are met.
  • XRP Ledger: A blockchain network associated with XRP, used for fast settlement and digital asset transactions.
  • Oracle data feeds: External data sources that provide blockchain applications with real-world information used to trigger automated actions.