Peersyst a Barcelona-based blockchain startup has joined with FinTech company Ripple to showcase a new use case for the open-source public XRP Ledger (XRPL): a notarization system powered by XRP.
David Schwartz, Jed McCaleb, and Arthur Britto launched XRPL in 2012, and its original digital asset is XRP.
On July 1, Peersyst announced the opening of Colombia’s first National Land Registry on the XRPL blockchain, a project in development for more than a year.
Peersyst continued by stating that this solution for Colombia’s National Land Agency (“AgenciaTierras”) is built on XRP Stamp, which allows the registration of digital assets on XRPL and the verification of their legitimacy using QR Codes.
The Spanish blockchain firm also congratulated Colombia’s “Ministerio TIC” (Ministry of Information Technologies and Communications) and Minister of Information Technologies and Communications Carmen Ligia Valderrama Rojas.
XRP Stamp is decentralised, secure (“once the files are verified and the certificate generated, all the information is secure and stored on-chain”), and cross-service (“offers a dependable data notarization system that can be utilised by multiple entities for various purposes”).
Peersyst “designed, developed, and implemented” XRP Stamp, which utilises the non-custodial XRP wallet Xumm, which as of July 3 had more than 170,302 monthly active users.
Japan-based crypto researcher “CryptoEri,” one of the most influential members of the XRP community and the presenter of the “Crypto Eri” YouTube channel, tweeted the following regarding Peersyst and XRP Stamp to her over 202K followers.
Also Read: Bitcoinleef – The SEC is the largest collector of crypto fines in the US July 3, 2022
Wallets