Sunday, August 31, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

XRP Ledger’s First File Storage Testnet To Launch In 2 Months

by SB Crypto Guru News
August 25, 2025
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

An XRP Ledger (XRPL) developer building under the pseudonym “Vincent Van Code” says an MVP testnet for an “immutable forever file storage” service could arrive “likely 2 months” from now, after the idea evolved from simple document notarization to a compliance-oriented, globally mirrored archive that anchors control to popular wallets.

First XRP Ledger Based File Storage

In an initial post on August 18, 2025, the developer described the original scope as notarization on XRPL with on-chain hashing and a signing layer bound to legal documentation. “I am working on a new startup that will bring notarized documents to the XRPL,” he wrote. “Basically, you have a document you want an official record to say existed at a point in time. The doc is loaded in our servers, the hash of the file is sent to the XRPL, and I also provide a unique crypto based signing system to verify parties have signed. I also provide bundled relevant legal documents and affidavits to allow you to provide full evidence in court.”

He framed the go-to-market around enterprise users before a broader push to everyday records: “To be used initially mainly by companies and law firms, but later expanding to anything, from medical reports, tax receipts, you name it.” Pricing, he added, would be stratified: “Will be multi-tiered, where tier 0 is free and goes all the way to tier 4 which includes KYC signatories. All on our dear XRP Ledger. I would welcome everyone’s opinion on this.”

Today, the developer said the team had started writing code and, in the process, expanded the ambition from notarization to long-term preservation with explicit compliance targets and a wallet-centric control model. “Update: we have started coding… What we landed on is quite different to what we set out to do, and it is now a far more meaningful problem we are solving,” he said.

“Immutable, compliant (SOC2t2/ISO27001/SEC) 100yr storage. Built on XRPL, with files stored on multiple mirrors globally. Pay once depending on retention, store your file. And it’s not that expensive. All files fully linked and controlled by your wallet, either Xaman (formerlly XUMM) or a custodian provider (enterprise grade). Our journey has begun. I will keep you updated. Will have an MVP TESTNET hopefully in the next 2 of 3 weeks. You will be able to use a test wallet to upload files (of course files won’t be immutable in test, and will delete each week). Thanks all for your feedback, lot of it actually helped.”

He then characterized the effort in more sweeping terms while reiterating the testnet window. “We have started to build the world’s first XRPL powered immutable forever file storage. This is a game changer. I would love your feedback and suggestions. MVP TESTNET ETA likely 2 months.”

Taken together, the statements outline a two-phase path: a near-term test environment where users can upload via a test wallet with ephemeral files, followed by a broader MVP testnet rollout tied to XRPL-linked identity and signatures, and a commercial model that promises a single, retention-based payment for multi-mirror, 100-year storage.

At press time, XRP traded at $2.90.

XRP price
Price falls back below the 0.786 Fib, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



Source link

Tags: Bitcoin NewsCrypto NewsCrypto UpdatesfileLatest News on CryptolaunchLedgersMonthsSB Crypto Guru NewsStorageTestnetXRP
Previous Post

Ethereum Is Inches from History. Ethereum is in the news once more. | by Dipanshu Chaudhry | The Capital | Aug, 2025

Next Post

Artists and scholars respond to White House’s list of Smithsonian grievances – The Art Newspaper

Related Posts

At Bitcoin Asia Everything Was Upside Down

At Bitcoin Asia Everything Was Upside Down

by SB Crypto Guru News
August 31, 2025
0

The suits are here, and Bitcoiners are the new hype in financial markets. That’s been the story for most of...

Bitcoin Range Tight as Derivatives Build: 0K to 0K Calls Anchor Q4

Bitcoin Range Tight as Derivatives Build: $140K to $200K Calls Anchor Q4

by SB Crypto Guru News
August 31, 2025
0

Bitcoin holds a tight 24-hour range between $108,221 and $109,453 on Sunday, Aug. 31, 2025, while derivatives positioning stays elevated...

Bitcoin Price Closes Below STH Realized Price For The 2nd Time In 2025 — Details

Bitcoin Price Closes Below STH Realized Price For The 2nd Time In 2025 — Details

by SB Crypto Guru News
August 31, 2025
0

Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was...

Bitcoin Market Shifts To Neutral As Adjusted MVRV Reads 39%

Bitcoin Market Shifts To Neutral As Adjusted MVRV Reads 39%

by SB Crypto Guru News
August 31, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin has entered a clear consolidation phase...

Things to Avoid in Crypto: Binance Founder Advises Against Panic Selling in Dips

Things to Avoid in Crypto: Binance Founder Advises Against Panic Selling in Dips

by SB Crypto Guru News
August 31, 2025
0

Crypto investors are being warned against panic selling as market dips reveal prime buying opportunities—an approach reinforced by Binance founder...

Load More
Next Post
Artists and scholars respond to White House’s list of Smithsonian grievances – The Art Newspaper

Artists and scholars respond to White House’s list of Smithsonian grievances - The Art Newspaper

Galaxy, Multicoin, Jump Crypto Plan  Billion Solana Treasury

Galaxy, Multicoin, Jump Crypto Plan $1 Billion Solana Treasury

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.