• Ripple and SUPER HOW? have collaborated on the Axiology project, a cutting-edge tokenized securities trading and settlement infrastructure.
• The project is built on the XRP Ledger technology and aims to bolster regulators’ confidence in digital assets, including CBDCs and stablecoins.
• The collaboration seeks to develop a regulatory-compliant infrastructure in line with the European Union DLT Pilot Regime Regulation.
Ripple Joins Forces with SUPER HOW?
Ripple has teamed up with SUPER HOW?, a private blockchain technology research lab based in Lithuania, to embark on an innovative project called Axiology. This cutting-edge tokenized securities trading and settlement infrastructure is built upon XRP Ledger technology and seeks to bolster regulators’ confidence in digital assets, including central bank digital currencies (CBDCs) and stablecoins. Through this dynamic collaboration, Ripple is aiming to create a regulatory-compliant infrastructure that falls in line with the European Union DLT Pilot Regime Regulation.
Real World Use Case for CBDCs
The goal of the Axiology project is to develop a real world use case for CBDCs by providing multiple layers of current capital market infrastructures that can coexist on a single tech layer. This would potentially spark new business models, process efficiencies, as well as invaluable synergies between stakeholders within the financial industry. In addition, it would also contribute greatly to the XRPL ecosystem’s growth.
EU Regulatory Vision Embraced by CEO
Dr Marius Jurgilas, CEO of Axiology firmly stands behind the EU’s vision for progressive regulation within the retail capital market and crypto economy which positions Axiology at its forefront.. He believes that through this partnership, they can further develop their potential for groundbreaking developments within these industries.
Ripple Committed to Delivering Real World Use Cases
Ripple expresses its delight in working with both SUPER HOW? as well as developing their tokenized securities trading system (DLT TSS). They believe that this will allow them to deliver real world use cases for CBDCs whilst also advancing blockchain technology within finance even further than before.
Axiology Project Paving Way For Future Innovation
Overall, this revolutionary collaboration between Ripple and SUPER HOW? may potentially pave way for future innovation within finance through tokenization and digital assets as it allows for multiple layers of current capital markets infrastructures to coexist on one single layer of tech whilst also meeting regulation standards set by the European Union DLT Pilot Regime Regulation.