Ripple's XRP Ledger (XRPL) is set to receive right more use cases and wider adoption with the recent launch of their Decentralized ID (XLS-40d) proposal, made in line with the W3C DID standards. According to Ripple's VP of strategy and operations, Emi Yoshikawa, the proposed DID is a native feature of the protocol layer which complies with the W3C's DID standard. As a result, it offers users a secure and standardized DID that could support various use cases on the XRPL, such as Defi and tokenization.

Ripple developers also released an interoperability standard (XLS-38d) on February 22nd 2021, which would enable digital asset and data transfers between different blockchains. Whether different blockchains use different protocols or programming languages, the standard will make sure that the data being transferred is completely secure. This could open numerous new possibilities for XRP users, as the tokens from one blockchain can be locked in an account on XRP Ledger, while the same number of tokens are simultaneously issued on another blockchain.

Since the launch of XLS-20 on the mainnet, over 1 million tokens have already been created, and further sidechains and AMM amendments are also nearing completion and are scheduled to go through security reviews soon. All of this will contribute to increased use cases and expanded adoption of XRP and its ledger, enabling users to have complete control over their digital assets.



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