Moneyiar
Menu

Ripple Says Asset Managers Are Preparing for XRP Ledger Payments Upgrade

Ripple says asset managers and commercial projects are preparing for the XRP Ledger’s Batch V1.1 upgrade, which links asset and payment transfers so they succeed together or fail together after an extensive security review.

CoinDesk 31 unique views
Ripple Says Asset Managers Are Preparing for XRP Ledger Payments Upgrade

Ripple says asset managers and commercial projects are preparing for the XRP Ledger’s upcoming Batch V1.1 upgrade, according to CoinDesk. The feature is designed to link an asset transfer with a payment transfer so the two actions either complete together or both fail. This could support transaction flows that require delivery of an asset and settlement of payment to occur as a single coordinated process. Ripple said commercial projects are already being developed around the functionality. The upgrade has also undergone an extensive security review, according to the company. Batch V1.1 is the focus of preparations ahead of its expected introduction to the XRP Ledger, although the supplied information does not specify a release date or identify the projects involved.

Source CoinDesk Written by Moneyiar based on reporting from the cited source and Moneyiar market data.
Read original source ↗

Related news

Based on this story’s market and assets

Comments