Is XRP The Solution To Everything? Ripple President Drops Bombshell That Changes Everything

bitcoinistPubblicato 2026-04-05Pubblicato ultima volta 2026-04-05

Introduzione

Ripple President Monica Long highlighted decentralized identities (DIDs) as a key area for XRP dominance, stating they allow users to reclaim control from web2 companies. By tokenizing identities on the XRP Ledger (XRPL) using zero-knowledge proofs (ZKPs), individuals can make their identities portable and delegate access securely. This enables verification without revealing sensitive data, such as KYC or DNA. The XRPL is advancing with ZK technology, having executed its first privacy transaction on testnet via the DNA Protocol. This innovation allows institutions to confirm compliance without accessing actual data, combining privacy with regulatory needs. ZK technology is expected to enhance scalability and attract institutional use. XRP was trading around $1.31 at the time of writing.

Ripple President Monica Long has highlighted decentralized identities as another area in which XRP could dominate. This came as she explained why these decentralized identities are a game-changer.

Ripple President Reveals Another Key Area For XRP

In an X post, crypto pundit John Squire drew attention to the Ripple President’s statement in which she noted that decentralized identities will enable users to take back control of their identities from web2 companies. With decentralized identities, individuals will be able to tokenize their identities on a network such as XRP Ledger (XRPL).

Long noted that this tokenization will make these decentralized identities transportable and enable individuals to delegate access to whoever they want. John Squire described decentralized identities as a game-changer. He noted that individuals will be able to turn their identity, KYC, and even DNA into a private portable token on the XRP Ledger using zero-knowledge proofs.

The pundit added that the decentralized identities will enable everyone to prove everything without revealing anything. The XRP Ledger is already making progress with zero-knowledge proofs as the network looks to provide privacy for network users. Crypto pundit Pumpius recently highlighted how the network has made history with the first-ever zero-knowledge (ZK) privacy transaction going live on the testnet.

The pundit stated that the DNA Protocol was responsible for these ZK privacy transactions on the XRP Ledger. The protocol turned real-world data into a ZK proof, verified on-chain with zero sensitive information exposed. Pumpius added that with plans to implement ZK proof on the XRPL, banks, governments, and institutions can now confirm everything. This includes KYC, medical records, financials, and compliance, without ever seeing the actual data.

ZK Technology Will Be A Game Changer On XRPL

Ripple’s Head of Research, Aanchal Malhotra, said that it will be great for the XRP Ledger to implement zero-knowledge technology. She noted that this will enable several use cases and that there are many innovative applications they can build with this technology. ZK technology will enable several privacy features, which would further attract institutions to the network.

Crypto pundit Minus noted that ZK technology will enable privacy without sacrificing compliance. Furthermore, he said that this would lead to selective disclosure and “insane scalability.” That way, “Institutions can finally have their cake and eat it too,” he added.

It is worth noting that the XRP Ledger is already moving to implement privacy features natively on the network, including Permissioned Domains, which enable institutions to restrict access to authorized users. The network has also enabled Confidential Multi-Purpose Tokens (Confidential MPTs), which hide the balances and transaction amounts.

At the time of writing, the XRP price is trading at around $1.31, down in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $1.31 on the 1D chart | Source: XRPUSDT on Tradingview.com

Domande pertinenti

QWhat key area for XRP did Ripple President Monica Long highlight in her recent statement?

AMonica Long highlighted decentralized identities as another key area in which XRP could dominate, enabling users to take back control of their identities from web2 companies.

QHow does John Squire describe the potential of decentralized identities on the XRP Ledger?

AJohn Squire described decentralized identities as a game-changer, allowing individuals to turn their identity, KYC, and even DNA into a private portable token on the XRP Ledger using zero-knowledge proofs, enabling them to prove everything without revealing anything.

QWhat recent technological milestone was achieved on the XRP Ledger testnet related to privacy?

AThe first-ever zero-knowledge (ZK) privacy transaction went live on the XRP Ledger testnet, implemented by the DNA Protocol, which turns real-world data into a ZK proof verified on-chain without exposing sensitive information.

QAccording to Ripple's Head of Research, why is implementing zero-knowledge technology great for the XRP Ledger?

AAanchal Malhotra stated that implementing zero-knowledge technology on the XRP Ledger will enable several use cases and innovative applications, providing privacy features that would further attract institutions to the network.

QWhat are some existing privacy features already implemented or being developed on the XRP Ledger?

AThe XRP Ledger is implementing privacy features natively, including Permissioned Domains to restrict access to authorized users and Confidential Multi-Purpose Tokens (Confidential MPTs) to hide balances and transaction amounts.

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