Ripple Introduces AI to Enhance XRP Ledger Security

Source
Uk Jin

Summary

  • Ripple said it will introduce artificial intelligence (AI) to bolster security for its blockchain network, the XRP Ledger.
  • Ripple said it will use AI across code reviews and testing and operate an AI-based red team to proactively check for security vulnerabilities.
  • Ripple emphasized that a reinforced security framework is essential to expand financial use cases such as global payment services, the RLUSD stablecoin, and real-world asset tokenization.

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Ripple, a blockchain-based cross-border remittance project, said on the 28th it will introduce artificial intelligence (AI) to strengthen security on its blockchain network, the XRP Ledger.

Ripple plans to improve its development framework by using AI across code reviews and the entire testing process to identify security vulnerabilities in advance. In particular, it is also running an AI-based “red team” and conducting tests that simulate real-world hacking scenarios.

The move is seen as dovetailing with Ripple’s push to expand its institution-focused business. Ripple is pursuing participation in the Monetary Authority of Singapore (MAS)’s Project BLOOM, expanding global payment services, and introducing the RLUSD stablecoin.

Ripple stressed that “a security framework commensurate with these needs is essential to support advanced financial use cases such as real-world asset tokenization and corporate payments.”

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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