Moneyiar
Menu

XRP Ledger retries upgrade for delegated payment and compliance controls

The XRP Ledger is retrying an upgrade that could activate Oct. 5, allowing businesses to delegate limited powers such as payments or customer approvals without giving another account full control.

CoinDesk 26 unique views
XRP Ledger retries upgrade for delegated payment and compliance controls

The XRP Ledger is retrying an upgrade designed to give businesses more flexible control over account permissions. The change could activate on Oct. 5, according to CoinDesk. If implemented, a business would be able to assign another account limited authority for specific tasks, including making payments or approving customers, without transferring full control of the account. The feature is intended to separate operational duties such as payments and compliance while preserving broader account ownership. The upgrade’s activation remains conditional on the scheduled date, and no further implementation details were provided in the source material. The development is relevant to XRP Ledger users assessing how account permissions could support business processes that require multiple participants with different levels of authority.

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