Quick answer: You've verified your identity about 50 times recently with the same kindof selfie, same driver's license and same three-day wait.
Published 01/17/2025. By Jake Claver.
You've verified your identity about 50 times recently with the same kindof selfie, same driver's license and same three-day wait.
Every bank, every exchange, every DeFi platform acts like they've never seen you before.
Well the XRP Ledger just changed that with three standards going live right now.
XLS-70d covers Decentralized Identifiers. You verify once, and that credential lives on-chain, encrypted and portable. Any other platform can check it instantly without storing your data. You do the work one time and it carries everywhere.
XLS-80d creates permissioned liquidity pools. Think of them as private DeFi zones where access is gated by verified identity instead of passwords. Still decentralized, but they clear the security bar that institutions actually require.
XLS-81d is a compliant decentralized exchange. Only verified accounts can trade certain assets. The infrastructure stays open, but access is regulated.
What this means for you is pretty simple. No more re-uploading documents every time you sign up for something. Your identity becomes a cryptographic credential you own and control. For institutions, this is the piece that's been missing. They can finally participate in DeFi without walking away from their compliance requirements.
The World Wide Web Consortium published the DID standard back in 2022. XRP Ledger is the first major blockchain to put it into production at scale.
So the next time someone asks how blockchain solves real problems, you've got three answers.
XLS-70d for identity, XLS-80d for permissioned access, XLS-81d for compliant trading. All live. All functional. All fixing the broken verification cycle you're stuck in right now.
Common questions about XLS 70d
What is the main point?
You've verified your identity about 50 times recently with the same kindof selfie, same driver's license and same three-day wait.
Who should pay attention?
Investors, founders, advisors, and researchers should pay attention when the topic affects asset protection, digital assets, tax exposure, market access, or long-term wealth planning.
What should readers verify next?
Readers should verify the current rules, check primary sources, compare the claim against their own facts, and talk with a qualified tax, legal, or investment professional when money is at stake.
This content is educational only. It is not tax, legal, or investment advice. Check primary sources and speak with a qualified professional before making financial decisions.
