Ripple collaborates with Ctrl Alt to utilize XRP Ledger for secure storage of tokenized property deeds, advancing Dubai's digital real estate initiatives.
Ripple has partnered with Ctrl Alt to leverage the XRP Ledger for tokenization services in Dubai's real estate sector. This collaboration will enable the Dubai Land Department to issue and securely store tokenized property deeds, marking a significant step in the city’s digitization efforts. Ctrl Alt, the first VARA-authorized virtual asset service provider in Dubai, will utilize Ripple's infrastructure, enhancing the region's blockchain adoption.