U.S. Space & Defense Research Paper: Ripple (XRP) Designed for Banking Institutions

U.S. Research on DLT: A 2018-2019 U.S. Space and Defense research paper distinguishes between blockchain and distributed ledger technology (DLT), classifying Ripple as a trusted, open-permissioned ledger suitable for banks and regulated environments.

Ripple's Role in Financial Infrastructure: The paper emphasizes Ripple's design for institutional use, enabling real-time asset transfers while ensuring accountability and access control, positioning it outside the realm of retail cryptocurrency speculation.

Focus on Identity and Access Management: The research highlights that DLT adoption is more likely to scale in areas like identity management and regulated settlement, which are crucial for national infrastructure and require overcoming significant regulatory barriers.

Evolution of XRP Ledger: The XRP Ledger is evolving to incorporate privacy-focused features that address identity and access challenges, reinforcing the paper's relevance and indicating that Ripple's architecture was designed for institutional adoption from the outset.