Dubai Government Has Issued Digital Assets Directly On the XRP Ledger

In a transformative step toward blockchain-powered public sector innovation, the Dubai Government has officially issued digital assets directly on the XRP Ledger (XRPL), marking a pivotal advancement in the realm of real estate tokenization.

Exciting milestone for real estate tokenization in Dubai 🇦🇪

The Dubai Government has issued digital assets directly on the XRPL blockchain through a local issuer, cutting transaction fees by 50%.

This enables secure on-chain ownership and demonstrates XRPL’s ability to support efficient, transparent, and cost-effective government asset issuance.

It stands as a compelling real-world use case of XRPL technology in the public sector, showcasing how blockchain can streamline processes and reduce costs for institutions and individuals alike.

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https://timestabloid.com/dubai-government-has-issued-digital-assets-directly-on-the-xrp-ledger/