XRPL unlocks new DeFi possibilities with launch of decentralized ID proposal XRPArmy XRPCommunity XRP
, Ripple's VP of strategy and operations, has shared more details on the decentralized ID proposal that recently went live. Earlier, the research team released a spec for native support of decentralized identity for community review.
For that reason, Yoshikawa says DID is standardized, so it seems that it will play an active role as an enabling technology that supports various use cases of XRPL in the future. It would also define DID implementation methods that can be used by any service, wallet or application, as it aims to leverage existing decentralized identity standards proposed by the W3C.On Feb. 22, Ripple developers put forth a new interoperability standard that will allow for a cross-chain bridge to enable interoperability between various blockchain networks.
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