XRPL Innovation: Ripple's XRPL is launching an "immutable forever file storage" system for document notarization, developed by Vincent Van Code, with a testnet expected in 2-3 weeks.
Global Archive System: The project aims to create a global archive usable across various industries, including law and finance, with compliance to standards like SOC 2 and ISO 27001.
Notarization Process: Documents uploaded will be hashed and recorded on the XRP Ledger, allowing verification of signatures and legal documents for court validation.
Development Progress: Coding has begun, expanding the project's scope beyond notarization to include a permanent storage solution, with user access linked to crypto wallets.
