The XRP Ledger (XRPL) has been chosen by Linklogis as the infrastructure for the global digital supply chain finance platform to tokenize trade assets and facilitate cross-border payments.
The integration of Linklogis's platform onto the XRPL mainnet will allow for the circulation and cross-border payment of digital assets backed by actual trade flows, while also unlocking liquidity for invoices and receivables.
MAIN CONTENT
Linklogis integrates the supply chain finance platform onto XRPL to tokenize trade assets.
In 2024, Linklogis processed 20.7 billion RMB, equivalent to 2.9 billion USD, across 27 countries.
XRPL has reached approximately 305.8 million USD in tokenized RWA value, a rate of 22.81%, ranking 9th by RWA value.
How does XRP Ledger collaborate with Linklogis?
Short answer: Linklogis will integrate its supply chain finance platform onto the XRPL mainnet to issue and pay for digital assets backed by actual trade flows.
Analysis: According to Linklogis's press release, the goal is to enable the circulation and cross-border payment of tokenized assets such as invoices and receivables. Integrating onto the XRPL mainnet will help connect traditional financial infrastructure with the fast, low-cost payment capabilities of this network.
Further analysis: Tokenizing trade assets allows businesses to unlock liquidity, shorten financing cycles, and increase transparency in transaction origins. This technique is suitable for use cases that require cross-border payments and real-time asset tracking.
Why did Linklogis choose to collaborate with XRPL?
Short answer: Linklogis chose XRPL to expand cross-border payment capabilities, enhance transparency, and provide multiple channels for businesses to access capital.
Analysis: In 2024, Linklogis processed 20.7 billion RMB, equivalent to 2.9 billion USD, in cross-border assets across 27 countries, demonstrating a high demand for liquidity and fast payment solutions. The connection with XRPL aims to leverage the tokenization and efficient payment functions of the network.
Further analysis: The collaboration also opens up research directions on stablecoins, smart contract platforms for RWA, and the convergence of blockchain and AI in trade finance, aiming to optimize supply chain financing processes and reduce payment friction.
Why is trust in XRPL increasing?
Short answer: XRPL has recorded growth in tokenized RWA value, helping the network achieve a higher ranking based on the actual asset value brought onto the chain.
Analysis: Data shows that the volume of tokenized RWA on XRPL reached approximately 305.8 million USD, accounting for 22.81% in several RWA metrics, placing XRPL in the 9th position by RWA value. This figure reflects the trend of using XRPL for tokenizing real assets.
Further analysis: The fact that many organizations, including regulatory authorities and entities in the real estate sector, are considering or applying XRPL for tokenization programs contributes to reinforcing the technical reputation and practical applicability of the network.
How will supply chain finance and tokenization platforms affect import and export businesses?
Short answer: Tokenizing invoices and receivables helps businesses access liquidity faster, reduce financial costs, and increase transparency in cash flow.
Analysis: When invoices and receivables are converted into digital assets on XRPL, exporters, importers, and financiers can conduct transfers and payments faster, shortening working capital cycles and reducing payment risks.
Further analysis: The infrastructure linkage allows for the expansion of new financing products, such as trading RWA in secondary markets, while helping participants control the authenticity and provenance of assets through on-chain records.
Risks and points to note when applying XRPL for RWA
Short answer: Risks include inconsistent legal frameworks, compliance with KYC/AML requirements, and interoperability between legacy systems and the blockchain ecosystem.
Analysis: Tokenizing real assets requires a legal mechanism to ensure ownership rights, resolve disputes, and comply with local regulations. Businesses need to evaluate the legal framework in relevant countries before large-scale deployment.
Further analysis: Integrating legacy infrastructure with XRPL requires data standardization, security, and technical risk control. The KYC/AML process and partner governance play crucial roles in maintaining transparency and compliance.
Examples, notable figures from the original content
Short answer: Linklogis 2024: 20.7 billion RMB (equivalent to 2.9 billion USD) across 27 countries; XRPL RWA: approximately 305.8 million USD, rate of 22.81%.
Analysis: These figures illustrate the cross-border operational scale of Linklogis and the level of RWA that has been tokenized on XRPL, providing a foundation for arguments about liquidity benefits and XRPL's position in asset tokenization.
Frequently Asked Questions
What kind of company is Linklogis?
Linklogis is a leading Chinese supply chain fintech provider, specializing in the development of supply chain finance solutions and has processed 20.7 billion RMB equivalent to 2.9 billion USD in cross-border assets in 2024.
What benefits does invoice tokenization on XRPL provide?
Tokenization allows invoices to be converted into digital assets for trading, unlocking faster liquidity, reducing financing costs, and increasing transparency in transaction origins on the network.
What does the RWA figure on XRPL mean?
Approximately 305.8 million USD in RWA value and a rate of 22.81% indicate that XRPL is being practically used to bring real assets onto the chain, enhancing its position in the blockchain portfolio by RWA value.
What should businesses pay attention to when deploying?
Businesses need to assess the local legal framework, KYC/AML processes, legacy system integration capabilities, and risk governance policies before large-scale deployment.
Source: https://tintucbitcoin.com/xrp-mo-rong-a-linklogis-dung-ledger/
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