Back

XRP Ledger Committee Introduces Privacy Standard for Issued Token Transfers

The update would let users hold and transfer issued tokens on XRP Ledger while concealing individual balances and transaction details, according to the source.

XRP

Summary

No Summary provided as the original text is short

Terms & Concepts
  • XRP Ledger: A blockchain network focused on payments and tokenized assets, known for fast settlement and low transaction costs.
  • issued tokens: Tokens created on a blockchain by third parties, typically representing assets or value beyond the network’s native coin.
  • privacy layer: A set of features or standards designed to limit public visibility of balances or transaction details on a blockchain.