Crypto researcher SMQKE (@SMQKEDQG) recently drew attention to XRP’s functional positioning within the distributed ledger ecosystem by sharing an academic visual taxonomy of ledgers. The infographic classifies types of ledgers based on who can access them, who maintains them, and the number of existing copies. SMQKE specifically pointed to XRP’s classification in this taxonomy, which identifies it as a “permissioned, publicly shared ledger” and labels Ripple as “a global financial transaction system.” Ripple’s position was circled under the branch that represents ledgers, which are shared publicly but maintained by trusted validators. Ripple = A Global Financial Transaction System Documented. pic.twitter.com/4LjlZgt948 — SMQKE (@SMQKEDQG) May 31, 2025 Ripple’s Global Payment System The design and operational structure of Ripple’s payment system make it a credible alternative to legacy payment networks like SWIFT. Ripple facilitates real-time settlement through XRP and its distributed ledger technology. This enables near-instantaneous cross-border transactions with reduced costs and fewer intermediaries. The taxonomy presented in the image supports this interpretation. By categorizing Ripple’s technology as a permissioned but publicly shared ledger, it acknowledges Ripple’s use of selected validators while maintaining an open ledger system. This enables both efficiency and auditability, qualities that traditional payment systems lack. It allows direct asset transfer with low fees, and the system can significantly improve liquidity management and transaction traceability for financial institutions. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 XRP’s Perception in this System This visual and structural classification has implications for how XRP is perceived in both technical and regulatory discussions. By distinguishing Ripple as a global financial transaction system, the taxonomy supports the view that XRP is designed for institutional-grade use . XRP works with a trusted validating model that allows scalability and compliance features required by traditional financial institutions. However, the system remains decentralized, as Ripple’s Chief Technology Officer (CTO) has clarified multiple times , because no single entity has full control over the network. Institutional Applications and Global Reach Ripple’s positioning as a global financial transaction system is not theoretical. Its technology is already in use by financial institutions and payment providers across multiple jurisdictions. The use of XRP as a bridge currency enables the rapid exchange between fiat pairs, which reduces the need for pre-funded accounts in foreign currencies. XRP’s use in Ripple’s global financial system has the potential to streamline global remittance services, corporate treasury operations, and international trade finance. This recognition has reaffirmed the belief XRP army has held for years about the asset’s potential. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post New Academic Document Describes Ripple (XRP) As a Global Financial System appeared first on Times Tabloid .
