• Ripple and SUPER HOW? have partnered on the Axiology project, designed to test and issue transformative digital assets, including CBDCs and stablecoins.
• The collaboration seeks to bolster regulators’ confidence in the safety and security of digital assets, specifically CBDCs and stablecoins.
• Built on the XRP Ledger technology, the Axiology project presents a tangible real-world application for tokenization and digital assets.
Ripple Joins Forces with SUPER HOW?
Ripple has partnered with Lithuania-based private blockchain technology research lab SUPER HOW? on the Axiology project, a cutting-edge tokenized securities trading and settlement infrastructure. This dynamic collaboration aims to bolster regulators’ confidence in the safety and security of digital assets such as central bank digital currencies (CBDCs) and stablecoins.
EU Regulatory Vision Embraced by Axiology’s CEO
Dr. Marius Jurgilas, CEO of Axiology is supportive of the EU’s vision for a progressive regulatory environment in both retail capital markets and crypto economies, positioning Axiology at the forefront of this movement. The project is built on powerful XRP Ledger technology which contributes to its growth in terms of real-world use cases for CBDCs.
Ripple & SUPER HOW? Forge Ahead with DLT Pilot Regime
The partnership between Ripple & SUPER HOW? is committed to delivering real-world use cases for CBDCs through developing an infrastructure that is compliant with EU’s DLT Pilot Regime Regulation. This regulation allows multiple layers of current capital market infrastructures to coexist on a single technology layer, opening up new synergies and business models while increasing process efficiency.
Axiology: A Real World Use Case For CBDCs
The Axiology project is designed as a real world use case for central bank digital currencies (CBDCs). It seeks to test & issue transformative digital assets such as CBDCs & stablecoins which can be used in financial transactions without relying on traditional banking systems or intermediaries like banks or brokers. This helps reduce costs & provide greater transparency into financial transactions compared to traditional methods.
Conclusion
The collaboration between Ripple & SUPER HOW?, along with their commitment towards delivering real world use cases for CBDCs through developing an infrastructure compliant with EU’s DLT Pilot Regime Regulation will help foster innovation within the financial industry while also providing safer & more secure options for conducting financial transactions using tokens or other forms of digital currency instead of relying solely upon traditional banking systems or intermediaries like banks or brokers .