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BIS tests XRP Ledger prototype to verify official statistics' authenticity within seconds

Protocol Fundamentals
03 Sep 2026
Crypto news
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Neutral
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Researchers from the Bank for International Settlements (BIS) tested a prototype using the XRP Ledger Devnet to verify the integrity and origin of official statistical datasets by recording cryptographic fingerprints rather than full data on the blockchain. The system demonstrated median publication latency of 3-5 seconds and verification times of 1-2 seconds in controlled tests, allowing recipients to confirm data authenticity quickly. This experimental prototype is not intended for production and does not imply BIS endorsement of XRP as an investment. Future development could enhance data privacy and support automated verification by AI, but significant operational and governance work is needed before any official deployment.

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