HTTP/2 200 date: Wed, 03 Mar 2021 20:05:08 GMT content-type: text/html; charset=UTF-8 set-cookie: __cfduid=d172cfba59c1684436541d22c4a4e88031614801907; expires=Fri, 02-Apr-21 20:05:07 GMT; path=/; domain=.ambcrypto.com; HttpOnly; SameSite=Lax; Secure vary: Accept-Encoding x-powered-by: PHP/7.3.7 cf-edge-cache: cache,platform=wordpress x-pingback: https://ambcrypto.com/xmlrpc.php link: ; rel="https://api.w.org/" link: ; rel="alternate"; type="application/json" link: ; rel=shortlink x-frame-options: SAMEORIGIN cf-cache-status: DYNAMIC cf-request-id: 089b4ac9120000c175660b5000000001 expect-ct: max-age=604800, report-uri="https://report-uri.cloudflare.com/cdn-cgi/beacon/expect-ct" report-to: {"max_age":604800,"group":"cf-nel","endpoints":[{"url":"https:\/\/a.nel.cloudflare.com\/report?s=vzENPsxhKmxaMHHOWumUmyGjsenFwiFB%2BNR4a3TBN7wHBJjQQLewHrbZBRpTv8kVrCrnaMNc1x1h2iwFrH7D4lRGKqjGLazGbLyP0vu0"}]} nel: {"report_to":"cf-nel","max_age":604800} server: cloudflare cf-ray: 62a57a54ec7cc175-IAD Ripple launches pilot private ledger for central banks' CBDC - AMBCrypto
The CBDC Private Ledger is based on the same blockchain technology that powers the XRP Ledger[2] , which means that the CBDC Private Ledger is built for payments.RippleNet technologies and the interledger suite of protocols will support the private ledger to enable use-cases such as micro-payments. In addition, the same consensus protocol used by the XRPL transactions will verify the CBDC Private Ledger which is “61,000 times more efficient[3] than public blockchains that leverage proof-of-work.” Ripple expects the private ledger to facilitate issuing of currencies, and stated that its native digital asset XRP[4] can be leveraged as a “neutral bridge asset for frictionless value movement between CBDCs and other currencies.” The firm stated that the private ledger is set to handle “tens of thousands” of transactions per second initially and that it has the potential to scale to “hundreds of thousands TPSs over time.” Although central banks can use any of the publicly available existing blockchains to facilitate the use of central bank digital currencies (CBDCs). The firm believes that most Distributed ledger technology (DLT) “are not built for payments and cannot handle the volume of
