According to CoinPaper, Japan is exploring the use of Ripple’s XRP Ledger (XRPL) to build a zero-knowledge identity system, which could serve as the backbone of its tokenized economy. Analysts suggest this move could transform XRPL from a payment platform into a government-grade digital infrastructure, supporting identity verification, compliance, and asset transfers. The system would allow users to prove identity without revealing sensitive data, enhancing privacy and security. Japan’s government and major banks are already testing blockchain-based asset issuance, and this initiative could set a global precedent for blockchain-based digital identity.
Japan Considers Ripple's XRP Ledger for Zero-Knowledge Identity System
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