Safety

Coin

<ul class="news-points"> 
 <li>The RippleX team announces the launch of the cutting-edge Clawback feature.</li> 
 <li>The novel feature addresses the crucial concerns of safety and trust for businesses issuing digital assets.</li> 
 <li>The feature is lightweight and straightforward compared to other on-ledger features.</li> 
</ul> 
The RippleX engineering team of Ripple Labs <a href="https://dev.to/ripplexdev/enhancing-trust-and-safety-with-the-clawback-feature-on-the-xrp-ledger-k6b" target="_blank" rel="noopener noreferrer nofollow">announced</a> on September 1 the introduction of the Clawback feature on the XRP Ledger, addressing the crucial concerns of safety and trust. As per the official announcement, the Clawback feature proposed as an amendment known as “XLS-39”, helps businesses issuing digital assets to “claw back” or take back their assets under special conditions, justifying the feature’s title. 
The Clawback feature’s hallmark is its capability to provide “enhanced trust and safety” for the issuers, guiding and enabling them to combat industrial challenges and risks including malpractices. The feature also ensures the users’ absolute control over their digital tokens or assets even after their distribution. For instance, if an issuer is locked out of his account, the game-changing feature rescues him, helping him gain back the rightful ownership of the acco… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xrp-ledgers-clawback-feature-addresses-safety-and-trust/">XRP Ledger’s Clawback Feature Addresses Safety and Trust</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

XRP Ledger’s Clawback Feature Addresses Safety and Trust

Coin Edition

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