Ripple President: "Public Blockchains are Now the Mainstream in the RWA Market"

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A prediction has emerged that the central axis of the Real World Asset (RWA) tokenization market will shift from private blockchains to public blockchains.

According to U.Today, a cryptocurrency specialized media outlet, on September 30 (local time), Monica Long, President of Ripple, diagnosed at a major virtual asset event that most of the future tokenized asset transaction volume will occur on public blockchains, not private networks. The analysis suggests that public chains with transparency and interoperability will become the standard for institutional financial infrastructure.

Long emphasized that the advantages of security and regulatory compliance that private blockchains once held are rapidly being absorbed by decentralized public chains like the XRP Ledger. For example, the confidential transactions (XLS-96) standard provides institutional-grade privacy protection for multi-purpose tokens (MPT), and the introduction of the delegated authorization (XLS-75) feature allows for flexible account permission management. This combines the scalability of public infrastructure while simultaneously meeting the transaction confidentiality and regulatory oversight requirements demanded by institutional investors.

With the introduction of functional improvements, the volume of tokenized transactions within the XRP Ledger ecosystem is also expected to expand rapidly. As institutional-grade account management and trust-based batch transaction execution features are successively applied, the on-chain conversion rate of traditional financial assets is accelerating. Industry insiders anticipate that this feature integration will attract billions of dollars worth of new assets to the XRP Ledger.

Experts analyze that President Monica Long's diagnosis shows that the center of gravity of the XRP ecosystem is shifting beyond a simple payment network to a hub for institutional real-world asset tokenization. Market attention is focused on whether it can preempt the public blockchain-based tokenization market with its global regulatory compliance capabilities and enhanced confidential transaction technology as its weapons.

[Article Key Summary]

-Ripple President Monica Long predicts that most of the future tokenized asset transaction volume will flow into public blockchains.

-It has achieved institutional-grade security and regulatory compliance by absorbing the strengths of private chains, such as confidential transactions and delegated authorization.

-Based on the introduction of new features, the XRP Ledger is emerging as key infrastructure in the real-world asset tokenization market.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*