Bhutan's inroads to India The INTEROPERABILITY STANDARDS
My videos are for entertainment purposes only.
Bhutan is a fork of the XRPL but it is centralized and private. The Bhutan dollar is backed by the Indian Rupee, and it is discussed by an Ripple Employee on why India's CBDC will need to be interoperable with Bhutan. The way to do that would be to use the XRPL. That is the XRP we own.
Decentralized systems in todays world of sanctioning g20 banks comes with distrust. Why would you expose your assets that to that possibility. With trustless crypto ledgers like the xrpl no one party is in control of the network. This means nations can transact without worrying if their assets will be frozen.
Crypto assets have a unique functionality. I often hear about private permissioned systems. Those systems are full centralized and you are trusting the incumbents that run the network or the one party that runs the network.
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