XRP News: XRPL Undergoes Major Shift As Decentralized ID Goes Live

Quick Summary:

The XRP Ledger (XRPL) reached a significant milestone on October 30, 2024, with the activation of the Decentralized Identifier (DID) amendment, marking a new phase for user-controlled digital identities.

The decentralized identifiers provide a secure, user-controlled mechanism for managing digital identities, which is increasingly important as more services and applications migrate to blockchain-based platforms.

DIDs are unique, decentralized identifiers that allow users to own and manage their digital identities without reliance on a central authority.

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Article Details

Author / Journalist: Kelvin Munene Murithi

Category: Crypto

Markets: IndiaMali

Topics: 24/7 Cryptocurrency News XRPL Ripple (XRP)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 21:26:52 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 644 words

Reading Time: 4 minutes read

Sentences: 41 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23342509

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Main Topics: Crypto

Official Website: coingape.com

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News Last Updated: 8 hours ago

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