Can someone spoonfeed? How does this "Cross‑Chain Identity (CCID) Framework" works? I don't get how this identity thing works? Like WHERE are the identities actually stored? Because Chainlink isn't a DLT and so I dont' get how this works. I kinda understand how the Unified Golden Record thing is supposed to work FOR TOKENIZED ASSETS but that's because the asset itself is a token and along that token there's a smart contract data container with all relevant info. Ok. But for (You) there's no token, no smart contract? So where is your ID and data stored?

(Please ignore all derailers)

>>60748180 (OP)
cll has always been coy about how DONs actually store and access persistent data, in theory they use a threshold encryption scheme so that no one member of the DON has full knowledge of the information. but where is the actual information stored? is it space & time (why else would they invest in a decentralized data warehouse) or is it a private database? or is it all still just hypothetical at this stage?

What I mean is that if you watch the interviews Sergey repeats a lot the fact that what this enables is for you to be able to KYC ys ONCE and then it's done, like I get the benefit but is this ID thing something stored in your wallet? Or something the bank has or what is it. Sorry I'm a brainlet.

>>60748180 (OP)
it means you will miss another bullrun over stupid buzzwords.

kek baggies

>>60748180 (OP)
what is the difference between the identity of an asset and a person?

>>60748421
The tokenized asset is a token (a smart contract), while the person is not.

>>60748180 (OP)
Identity is represented by cryptographic key(public/private key). Identity is registered on blockchain , chainlink oracles verify this identity across chains.

>>60748180 (OP)
Read this:
https://blog.chain.link/automated-compliance-engine-technical-overview/

tldr:
Your identity (PII like name, address, etc.) is not stored onchain. Instead, cryptographic proofs of verified credentials (like "KYC completed", "Accredited investor", etc.) are stored onchain.
Actual verification (like reading your passport) happens offchain, by trusted identity providers (like Persona).
Chainlink’s Identity Manager acts as the bridge between those offchain sources and the onchain proofs. The result is a reusable, cross-chain digital identity that’s privacy-preserving and composable for compliance checks.

Look into ERC3643 and ONCHAINID, as they are the other parts of this puzzle.
The short answer is that centralized ID verification companies that hold your passport photo etc will be the "data sources" for this system.

>>60748225
I guess that's sort of useful. But anonymity would be better

>>60748479
>Actual verification (like reading your passport) happens offchain, by trusted identity providers (like Persona).
I get that the KYC ofc happens offchain as it is now, the point being that it only needs to happen once.
>The result is a reusable, cross-chain digital identity that’s privacy-preserving and composable for compliance checks.
But this what I don't get. Like ok, CCID is like CCIP but for ids, but where is the identity thing stored onchain? Which chains? Those that the tokenized asset lives in or what? Or is it related to your wallet and in that case how can they "sync" so to speak the KYC process with knowing that a wallet is YOUR wallet.

>>60748445
a loaf of bread is the same as an ERC-3643?

>>60748506
>>Actual verification (like reading your passport) happens offchain, by trusted identity providers (like Persona).
>I get that the KYC ofc happens offchain as it is now, the point being that it only needs to happen once.
>>The result is a reusable, cross-chain digital identity that’s privacy-preserving and composable for compliance checks.
>But this what I don't get. Like ok, CCID is like CCIP but for ids, but where is the identity thing stored onchain? Which chains? Those that the tokenized asset lives in or what? Or is it related to your wallet and in that case how can they "sync" so to speak the KYC process with knowing that a wallet is YOUR wallet.

It's a signed attestation from a KYC provider saying "this wallet address belongs to someone who passed KYC".

When you go through KYC with an identity provider:
You sign a message with your wallet to prove ownership, the provider verifies your real-world identity off-chain, they then issue a cryptographic attestation which links your identity to your wallet address.
That attestation is what gets stored on-chain in a smart contract (via the CCID protocol).

You could also theoretically make it a soul-bound token that could be transferable.

>>60748500
Because RWA tokens will all be permissioned as that's the only way they can function bc ofc govs want to keep control and so to abide by the rules and regularions KYC is needed. Meaning that the cyberpunk dream of buying tokenized equities without anyone knowing who you are is probably not gonna happen.
>>60748515
I don't get it.

>>60748479
if it's centralized, why is Chainlink involved at all when the issuer can just give you the credential

>>60748554
>why are oracle networks needed

Ahh 2018 was good times

>>60748554
Every smart contract would have to trust each identity provider’s API.
You'd need off-chain calls or centralized oracles to verify credentials.
There would be no cross-chain support or composability.
Chainlink is the standard.

Imagine this: You just got your driver's license from the DMV (a centralized issuer). Now you want to use that ID to enter a bar, an airport, a voting booth.
You don’t go back to the DMV each time and say, “Hey, can you verify me again?”. kek.
Instead, you show the ID, and whoever's checking trusts the format, the issuer, and the features (hologram, signature, etc.) enough to verify it on the spot.

>>60748537
Thanks for the answers anon it's starting to make sense.
>That attestation is what gets stored on-chain in a smart contract (via the CCID protocol).
I still don't know how Chainlink will know which chains will this "attestation smart contract" (let's call it that) needs to be in, and who controls that contract, like what if I as the wallet owner wants to update it, is it on me or is the on the data provider? Bc imagine that instead or a bank it is a gov that is providing the id data for me (a citizen). Then the goc could just via its authority update my id smart contract. So it's weird like how are they gonna coordinate this id thing if one the one hand it could be updated automatically and on the other the user may be some control over it?

>>60748593
imagine this, the DMV issues an ID to my wallet. it doesn't need a ZK proof, it just needs to say that yes I am above 18, I am above 25, I am from X state, whatever. we can all see on chain that it came from the DMV issuance contract. the DMV can at will freeze or update the NFT as necessary. there's no need for an external API call whatsoever and it's easy for smart contracts to just look at the mappings on the DMV's contract to confirm my details

>>60748609
I guess in this case Chainlink might only be better for when a cross-chain attestation might be needed. E.G. if the DMV issues on Ethereum and an app on Avalanche needs to verify. Using Chainlink's CCID also allows for easier composability.
>>60748600
Regarding who updates it, my guess is that they might have a kind of verified-issuer registry with verified governments and institutions. The issuer can always issue a new attestation and depending on how the protocol is set up, either they would push an update or you would opt-in to update it yourself.
Regarding where the attestation lives, it would be flexible due to CCIP and I imagine a message would update all chains' identity registry contracts simultaneously.

>>60748537
>soul bound token
What?

>>60748668
It's all fun and games until you are not (((up to date))) and suddenly *they* link up a bad goy soulbond token to your wallet, gg you are now blacklisted from society.

>>60748215
>in theory
>hypothetical

>>60748537
>You could also theoretically


>>60748561
>duuuuuuuuuuuuuuuuuuuude i'm in on LE SECRET

>>60748593
>>60748609
>duuuuuuuuuuuuuuuude just IMAGINE


bahahahhahahahahahahaha

you're funding a neverending research project

>>60748180 (OP)
i hate to say it but you literally have to be a schizophrenic reader, a high level engineer, or better - both, to understand LINK. for the rest of you, just believe others.

data can be at rest but never actionable through encryption

>>60748750
this :}
everything that makes you doubt chainlink is true

It works by the token not being needed. That's all you need to know

>>60748686
Imagine not taking the manditory ai designed injection against the next biologiacal fear event

>>60748668
MMORPGs often have items that are non-transferrable between players. These are called soul-bound items, probably stemming from fantasy/tabletop lore where sometimes an epic artifact is bound to the soul of the protag/pc and can therefore not be used by other characters in the story.

>>60749069
ok boomer

The tokens not required though

>>60749115
He asked zoom zoom

>>60748554
What infrastructure would an issuer use to give you the credential on your blockchain? Can that infrastructure also connect to my blockchain?

>>60748486
the data will be fresh, not stored

>>60748180 (OP)
>WHERE are the identities actually stored?
depends on the regulatory regime

>>60748761
>data can be at rest but never actionable through encryption
fuck, well said
>>60749738
>>60749742
man, I'm so excited. How the fuck were we right about everything so long ago?

>>60748479
>Actual verification (like reading your passport) happens offchain, by trusted identity providers
aaaaaaand we're back to square one

>>60748561
>can't answer the question
>inb4 dude that we already discussed that in 2018!
>and yet still can't answer the question

>>60748593
>>60748609
>>60748660
happy to see the cypherpunk dream of a slightly improved DMV experience is still alive and well. hold the line marines!

>>60748180 (OP)
none of this shit actually works.
I'm going to make so much money shorting Chainlink with 100x leverage.

hate linkies

>>60749742
underrated picrel
>>60748593
in a more mature system i believe that from birth each person will have a unique ID address which has all of the info attached to it and try to make sure as many registered people are in it as possible, and as much of their information will be attached to it as they can manage - the license would just be something attached to that imo

>>60749738
>>60749742
>798kUDS1 ID
Your ID was so close to being perfect

>>60748180 (OP)
Just ask GPT bro

>>60748215
BBCA golden record

>>60750101
Post short

Anon from old thread, I am sorry, I let the thread die. I will not highjack this thread further than to respond to you in case you see it unless prompted by others to do so, and am not trying to be insertive here but this just seems like the most likely thread to find you on:

>>60748777
I mean zero offense by this and sincerely appreciate your questions but I answered a nuber of your questions directly already and throughout this thread and your list seems to have either been compiled by an AI trained on old data or maybe you are just genuinely asking from a place that you haven't checked in on some time to. It is tough to tell if you are being socratic with the intention of leading to conclusion or if you are earnestly asking but if you are doing so to lead, your angles are not very strong. If doing so to sincerely ask, I am sorry and do not mean to insinuate and am happy to answer and will give you the benefit of the doubt either way and say what’s true for its own sake.

>ODL
ODL as I said is demand neutral but it burns tokens with each transaction, and tokens are sourced through exchanges and secondary sales, which the courts ruled are non-security transactions. Ripple have a judicial injunction from selling directly to users in the US and as mentioned by the SEC in their own filing in their suit against Ripple, they increased their userbase and were exclusively purchasing through exchanges after they were forced to change the structure of their ODL product when the lawsuit launched, for their US business at least, which also mentioned in the SEC filing, has grown since the lawsuit and exclusively uses XRP, which means for every micropayment etc. XRP will be burned and the more adoption, the more it is burned which is obviously is deflationary for supply and has the impact of reducing available supply to an even greater extent than outright purchases of that amount would.

>>60752004
>>60748777
>Liquidity hub
Liquidity hub is a fully deprecated product no longer a Ripple service and has been for over a year:
https://x.com/jungleincxrp/status/1800869060915438014
>CBDC
Yes, you are correct. The CBDC product is launched on a private ledger. This is true for any chain that uses a private ledger and (subsidization aside/token dump aside) is analogous to Chainlink Labs licensing private nodes for weth. However, it differs in that any settlement done on ledger between other CBDCs or otherwise would be bridged using XRP (remember the walled garden reference which is key to the whole bridge concept). It is interesting but not directly primary to note a significant subset trend of CBDC projects: They tokenized a stablecoin for Palau (which has no central bank and uses the USD, and so this is in effect an isolated sufficiently sized test bed for a tokenized USD stablecoin in an economy), the Bhutanese stablecoin is an isolated landlocked very insular country which uses the Ngultrum, which is pegged to the Indian Rupee 1:1 (Ripple also have substantial partnerships with a large subset of the largest banks in India) and so serves as an equivalent test bed environment for an Indian Rupee stablecoin without risking systemic consequence. Ripple also developed a stablecoin for Montenegro, a very very small and similarly insular country in Europe which uses the Euro, and so serves as the Euro equivalent of the prior three. So we have an established sufficiently scale tested permissioned version of all three currencies deployed in trials and deploying on society level economies, all on ledger, which built out offers immense value to the token and opportunity to the public ledger. Axiolology, the company chosen for the Digital Euro uses Ripple’s private XRP ledger technology. The core isolated individual node product does not use the public ledger but any interaction between central banks (which is a huge point of CBDCs) does automatically through

>>60752004
>>60752023
>>60748777
pathfinding and autobridging using Ripple’s protocol layer dex and AMM (an extremely novel dual thing), as well as any interactions it may have with outside onchain systems or assets (like in purchase of RWA from open markets etc.). This is the case for basically any CBDC platform btw and it is probably unrealistic to assume any would use a public ledger, so the only real demand that would come from any asset is from bridging walled garden private ledgers, which is the entire thesis behind the XRP investment in general. But you are absolutely right, this does not use the token directly in native CBDC products themselves internally.
>Ripplex ecosystem
Yes this is more or less the case, but not so shruggable. Ripplex led to the development of Evernode for instance which brings smart contracts to the XRPL without needing to clog it up or mess with its functional liquidity mechanism to do so. It is sort of the an evolution of the original Codius concept which many were very dismayed to see deprecated earlier on. This is not a trivial value add and is very substantial building out the ledger for Ripple/non-Ripple, broad use, just as one example. Similar to Ripplex is the partnership with Easy A which have more than a million devs (really hard to overemphasize how many this is) they are directing toward and educating them on it and funding hackathons and nurturing VC connections etc. They invested in Flare, an omni-chain smart contract platform with its own native oracles that brings defi capabilities to the XRPL through f-asset issuance (REALLY interesting project worth looking into in its own right) and led to the development of OMNI through ex-Ripple Austin King who is mentored by Chris Larsen and developed the company and chain OMNI which Austin regularly describes as being an extension of his work on Interledger Protocol to help XRP scale into institutional adoption and use, which project is also very interesting and worth seeing

>>60752004
>>60752023
>>60752023
>>60752033
>>60748777
and taken very seriously in the financial sector (the CEO of SBI shares their stuff all the time). These are not like incidental developments that are just well wishing grants or VC investment recoups based on solutions that still rely on the operation of Ripple, it is outright incubation of the ledger itself in the most direct and well marketed way you could realistically hope for from a private company.

Additional business unmentioned:
Ripple’s partnering and liaising with many banks and companies has itself had knockon effects for raw demand. SBI just announced today they are filing for an XRP ETF. They are additionally using the XRPL to issue an NFT for EXPO2025 on a digital wallet operated by the Japanese banking consortium representing 81% of all banking assets in Japan, which they make decisions for (including others like SMBC, Resona & MUFG). The NFT will be available on a dedicated SBI VC Trade website, which (SBI VC Trade) already uses XRP in payments as well as do several other divisions of SBI and their joint venture SBI Ripple Asia. They are the largest outside shareholder in Ripple and are building their entire crypto strategy around XRP as a result of this partnership and advocacy. The same is true in extension for the crowned prince of Dubai leading an XRP treasury strategy partnered with VivoPower a billion dollar NASDAQ traded company partnered with SBI, jointly headed with an ex-corporate officer of SBI Ripple Asia, or from there, the Dubai Land Department with CTRL ALT to officially as a matter of government, tokenizing land on the XRPL. As a result of Ripple’s advocacy, XRP was one of the first tokens granted by the government of Dubai (which is essentially the burgeoning Switzerland of the middle east) to be legal, and further, one of the first, alongside mostly stablecoins, to be granted for use by the Dubai Financial Services Authority for explicit use in banking activities.

>>60752004
>>60752023
>>60752033
>>60752044
>>60748777
According to Teucrium’s (who launched a levered XRP ETF recently) CEO, who is a huge fan who constantly extols the value of XRP, says Ripple are “building the new Wallstreet with XRP and Hidden Road.” They are using RLUSD as collateral, and use XRP itself for post-trade backend, which is a massive and accelerating use case. They are partnering with Axelar to bring tokenized assets onto the XRPL and increase its interoperability across chains 55 (and counting) other blockchains which is used to enhance the similarly timed also very recent XRPL EVM launched by Peersyst. Because of their direct operation we have RLUSD and because of their liaising we have Wormhole and USDC etc. which brings all sorts of liquidity and use cases onchain and connections needing bridged:
https://x.com/Vet_X0/status/1829256508703453342
A lot of the value that Ripple brings to the ledger is through this sort of operative network development but as mentioned, their native products incentivize use of the ledger in that they optimize using it and the ledger itself implicitly uses it and it is the only asset on the ledger that is workable as an interoperable liquidity with zero counterparty risk or trust built it or requirement of specific involvement from specific software solutions companies, as a result of their own specific corporate action. Rather than build out a dependent solution, they built out multiple which use it and built it out giving developers access to things like PayID and Interledger for free, donating it to Mojaloop and the IETF and like mentioned they were offered to settle at the absolute beginning and said they would if XRP were declared a non-security officially by the SEC and were refused so they instead entered lawsuit shadow overhung 5 years worth of crucial timing business building opportunity and spent $150 million and risked their own personal selves (the CEO and the Chair of the Board were both named as

>>60752004
>>60752023
>>60752033
>>60752044
>>60752175
>>60748777
parties in the suit alongside Ripple, which is INSANELY egregious on part of the SEC) all for the sake of having regulatory clarity over XRP which they now do uniquelly (BTC is really the only other coin that has this officially yet but others likely will very soon, in no small part due to the judicial carve out Ripple provided as a scaffolding for legislation and as a protective frame in the event we didn't exit the Chokepoint days in a new admin, for other projects to use in their litigation-and actually, ironically as a result of the lawsuit's judicial injunction, their ODL product was migrated from direct sales from Ripple to secondary sales from exchanges, which Ripple also carved out for legislation and litigation, as being declared by a federal judge, not securities offerings, which no one appreciates but everyone should). Every move they make from a spending and acquisition and product standpoint incentivizes use of XRP as optimally as the product can. CBDCs are not really a realistic public use case at scale (I think Stellar might be doing a public CBDC in Ukraine though if I remember correctly), but as said, even there, the more build out on it the more institutional use cases liquidity flows onchain, so it is good they offer it as a service from a wholesale settlement (not retail CBDC Orwellian hell standpoint (but even then, if it scales out on an L1 that fully scales and has a protocol layer dex, people have a parallel system that is really a foundation system the other is built on which they can use ungated and freely to avoid it (a bit discursive and not on topic but definitely worth mentioning in the spirit of a conversation about defi))). The two product level incentive structures by the respective companies are completely different as are the in-built aspects of the networks themselves, which serve

>>60752004
>>60752023
>>60752033
>>60752044
>>60752175
This fucking retard again.

>>60752004
>>60752023
>>60752033
>>60752044
>>60752175
>>60752182
>>60748777
as a root/mirror off these differences in products. This could change in part for Chainlink the second Chainlink don't have 2/3 of supply to sell, taking the eth/fiat/etc. for themselves not getting it from the market but they do. That is basically inventing a token keeping 2/3 of it and selling it to people for money and then subsidizing node operations and use while funding your operations and expansion off the token sales. Both sell tokens but under two very different models. Okay will leave it there, you guys can get back to your thread, just wanted to respond to this anon.

>>60752004
>>60752023
>>60752033
>>60752044
>>60752175
>50pbtid xrpaypig from the other thread desperately trying to run damage control in another link thread
crawl back to your plebbit tier general or kys, you worthless fag lmao

>>60754099
Yeah as if someone is reading all that lol.