RippleX,
the
development
arm
of
Ripple,
has
presented
a
new
project
within
the
XRP
Ledger
ecosystem
called
Filedgr.
It
utilizes
the
XRP
Ledger
(XRPL)
to
provide
advanced
data
authentication
and
management
solutions,
particularly
aimed
at
enhancing
artificial
intelligence
(AI)
systems.
The
project
was
featured
in
a

blog
post
on
RippleX’s
XRPL
blog
under
the
series
“Developer
Reflections,”
which
presents
innovative
projects
within
the
ecosystem.

Ripple
Lauds
Filedgr

Filedgr’s
platform
is
built
to
empower
users
with
Web3
technologies,
ensuring
secure
data
control
and
transparency.
The
blog
post
states,
“Filedgr
stands
out
by
offering
unique
features
like
Digital
Certificates
and
the
Digital
Twin
Data
Hub,
revolutionizing
industries
with
authenticated
data
and
fostering
trust
in
product
information.”

 

The
integration
of
Filedgr
leverages
the
XRPL’s
capabilities
for
managing
extensive
data
transactions
efficiently.
XRPL
is
known
for
its
high
transaction
speeds
and
low
fees,
which
are
critical
in
handling
the
large
volumes
of
data
associated
with
product
lifecycle
information.

“The
promise
of
Web3
is
a
decentralized
internet
where
users
have
greater
control
over
their
data
and
digital
assets.
Filedgr
harnesses
the
power
of

Web3,
using
blockchain
technology
to
ensure
secure
and
transparent
data
storage
and
transfer,”
the
blog
post
states.

Filedgr’s
Digital
Certificates
feature
utilizes

smart
NFTs
(Non-Fungible
Tokens)
to
authenticate
and
securely
manage
physical
objects
and
their
related
data.
This
ensures
that
the
authenticity
and
integrity
of
data
are
maintained
from
its
point
of
creation
through
its
lifecycle.
The
Digital
Twin
Data
Hub,
another
feature,
acts
as
a
secure
repository
for
managing
digital
assets.
It
provides
advanced
notarization
and
live
data
capture
capabilities
that
facilitate
informed
decision-making
based
on
real-time
data.

As
the
Ripple
blog
notes,
“Data
authentication
is
critical
in
bolstering
trust
in
AI
systems.
Filedgr
looks
to
ensure
data
integrity
through
robust
authentication
processes,
enhancing
user
confidence
in
AI-driven
insights.
This
authentication
not
only
safeguards
against
tampering
but
also
builds
a
transparent
and
accountable
AI
ecosystem.”

 

Technologically,
Filedgr
is
powered
by
an
IPFS
(InterPlanetary
File
System)
fork
that
includes
modifications
for
access
control
and
increased
data
redundancy
suitable
for
enterprise
applications.
Data
redundancy
in
Filedgr
is
managed
through
a
Java
sidecar
application,
utilizing
the
Zookeeper
framework
to
ensure
data
is
always
accessible
and
reliable.

Furthermore,
access
control
within
Filedgr
is
implemented
via
token
gating,
where
digital
certificates
are
hosted
as
Single
Page
Applications
(SPAs)
on
a
Private
IPFS
Cluster,
securing
and
gating
access
to
data
effectively.

Looking
to
the
future,
Filedgr
plans
to
transition
into
a

decentralized
autonomous
organization
(DAO),
which
the
Ripple
blog
post
describes
as
promoting
“transparency
and
community-driven
governance.”
The
Filedgr
Foundation
is
set
to
oversee
this
transition,
ensuring
the
organization
operates
efficiently.
Additionally,
Filedgr
is
exploring
the
development
of
industry-specific
spin-offs,
tailoring
its
technology
to
cater
to
various
sectors
such
as
farming
and
mobility.

At
press
time,
XRP
traded
at
$0.6033.

Featured
image
created
with
DALL·E,
chart
from
TradingView.com

Go to Source
Author: Jake Simmons

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