Barcelona-headquartered blockchain startup Peersyst just lately partnered with FinTech agency Ripple to exhibit a brand new use case for the open-source public XRP Ledger (XRPL): an XRP-powered notarization system.
XRPL was created in 2012 by David Schwartz, Jed McCaleb, and Arthur Britto, and its native digital asset is XRP.
On July 1, Peersyst introduced the launch of Colombia’s first Nationwide Land Registry on high of the XRPL blockchain, a challenge that has been in improvement for over a yr.
Peersyst went on to say that this resolution for Colombia’s Nationwide Land Company (“AgenciaTierras”) relies on XRP Stamp, which allows registering digital property on XRPL and verifying their authenticity through QR Codes.
The Spanish blockchain startup additionally thanked Colombia’s “Ministerio TIC” (Ministry of Data Applied sciences and Communications) and Carmen Ligia Valderrama Rojas, who’s Colombia’s Minister of Data Applied sciences and Communications.
XRP Stamp decentralized (“constructed within the XRP Ledger, which “means first high quality expertise and high-performance construction”), safe (“as soon as the information are verified and the certificates generated all the knowledge is safe and saved on-chain”), and cross-service (“affords a dependable knowledge notarisation system that can be utilized by a number of entities for various functions”).
XRP Stamp was “designed, developed and deployed” by Peersyst and it makes use of non-custodial XRP pockets Xumm, which at present (as of July 3) has over 170,302 month-to-month energetic customers.
Extremely revered and very talked-about Japan-based crypto analyst “CryptoEri”, who is likely one of the largest influencers within the XRP group and the host of the “Crypto Eri” YouTube channel, had this to say about Peersyst and XRP Stamp to her over 202K Twitter followers: