Overview
- XRPL, which announced the Boundless tie-in Tuesday, now verifies zero-knowledge proofs directly on its public ledger.
- Zero-knowledge proofs let a party show a payment is valid and funded without revealing the amount, sender, or receiver to everyone on-chain.
- Boundless runs a distributed network that generates proofs at scale, and XRPL checks those proofs on-ledger for private yet auditable settlement.
- SBI Holdings, Zand Bank, Archax, and Guggenheim Treasury Services already use XRPL, and more than $550 million has gone into its ecosystem.
- The rollout lands as blockchains review cryptography after a Google quantum paper, with ZK systems viewed as easier to adapt to post-quantum security than elliptic-curve signatures.