Developer of the XRPL project, known by the pseudonym 'Vincent Van Code', announced the upcoming launch of a system that will enable users to notarize documents and store them within a new global archive.
XRPL Document Notarization Project
The project, which started as a way to notarize documents using on-chain hashing and digital signatures, is evolving into a global archival system. It aims to be used across various sectors, including law, healthcare, and finance, and will be accessible through popular crypto wallets.
Development Progress: Coding Underway
The developer noted that the coding process, which will create the infrastructure for the product, has begun. However, the scope of the project has significantly expanded to focus on a compliance-ready storage solution.
Testnet Launch on the Horizon
The first version of the testnet is expected to launch within the next 2-3 weeks, allowing users to test document uploads with test wallets. Files during this phase will not be permanent and will reset weekly.
The XRPL document notarization project has the potential to become a critical component for data management in business and other sectors. The system's testnet launch is anticipated soon, and its successful implementation could lead to widespread adoption in the future.
