The Ripple J. Ayo Akinyele cryptographer says that he is pressing to make the main book XRP (XRPL) the “first option for institutions that seek innovation and trust”, and do it with privacy tools.
Akinyele, senior director of Engineering at Ripple, presents the case in a blog post published Thursday, arguing that finance cannot work without confidentiality, while public block chains are built for transparency.
The way, he says, is the programmable privacy that allows “honest participants to control what is revealed, who and in what circumstances”, while giving regulators the revelations they need.
Privacy as infrastructure, not secret
Akinyele argues that privacy in the chain should be a reference protection, analogous to the encryption that ensures online banking.
It indicates zero knowledge tests (ZKPS): cryptography that demonstrates that a statement is true without exposing the underlying data, as a mechanism for private but fulfilled transactions (for example, testing KYC’s completion without transmitting identities to the entire network).
In their opinion, without incorporated confidentiality, institutions will not move central workflows to public accounting books; Without responsibility, regulators will not sign. Zkps, selective dissemination and hardened wallet infrastructure are destined to square that circle.
Scalar without sacrificing trust
Beyond privacy, Akinyele argues that scalability should not come at the expense of security or decentralization.
Highlights the confidence execution environments (TEES) to order fair transactions to stop the calculation and confidential calculation to execute the sensitive logic outside the chain while emitting verifiable results, both destined to reduce the risks of market structure without reversing the intermediaries.
Looking to the future, draw two milestones.
First, during the “next 12 months”, he says that he has focused on making XRPL the institutional breach applying ZKP to enable private and compatible transactions that also improve performance.
Secondly, in 2026 he expects multipurpose confidential tokens (MPS), an upcoming XRPL standard, bring tokenized collaterals that preserve privacy to the market. That, he says, is an essential step for the institutional adoption of real world assets (RWAS) and Defi (decentralized finance).
Akinyele also positions XRPL as “positioned exclusively to unite what he describes as” many billion dollars in assets that will move in the chain during the next decade “, citing the operational history of the decade of the main book, the incorporated decentralized exchange, the deposit channels and the payment such as the primitive oriented to finances already in the protocol layer.
“The future of block chains belongs to builders who eliminate unnecessary trust,” he concludes, arguing that if the systems can prove the correction, avoid misuse and protect the data, public accounting books can offer privacy, compliance and efficiency that institutions require.
