Pumpius further remarked that the DNA protocol is the privacy layer the Ledger has been missing and that the “floodgates are opening,” with trillions of dollars set to flow into the altcoin The pundit declared that the XRPL has just become institutionally ready. It is worth noting that Ripple has also made moves to implement privacy features natively on the Ledger.
Ripple Exec Explains What Decentralized Identity EntailsJohn Squire noted that this means even one’s DNA can be tokenized as a private, portable token on the XRP Ledger using zero-knowledge proofs. He added that people would be able to prove their identities without revealing anything. He also signaled how this is bullish for the token as it would boost the token’s utility as individuals embrace privacy features.
