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In my view DIDs will become the gold standard for secure and sovereign identity verification. This may well see institutions will gravitate towards DEXes, drawn by their superior security and transparency. This shift could mark a pivotal moment for the financial industry as DIDs empower institutions to engage in decentralized finance (DeFi) with greater confidence and control, thereby fueling growth and liquidity in DEXes. This integration of DID with institutional operations will mark a new era in blockchain, merging privacy, security, and financial innovation. RippleX is excited to contribute to this development by introducing DID capabilities to the XRP Ledger, as outlined in its proposed XLS-40 amendment.
It’s good news for the builders who have been working round the clock. Tools such as AI chatbots will enable developers to quickly receive answers to their queries, speeding up the process from concept to application. AI Chatbots have already become a part of RippleX’s commitment to making blockchain development on the XRP Ledger more accessible and less time-consuming, especially for those new to the field. This approach will not only foster increased innovation on blockchains but could also enhance financial inclusion, making tools more accessible globally.
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