Distributed Ledger Verification (DLV)

United-Crypto’s Distributed Ledger Verification

Distributed Ledger Verification (DLV) is an interface that maintains each physical cryptocurrency through the XRPL. It shows that the XRPL has liquidity that is in proportion to the physical cryptocurrency represented on the platform.

The DLV authenticates physical cryptocurrency by scanning the QR code through the UTC’s remote authentication device application. The goal is to utilize Google Play Store,  Apple Pay Store, and Starlink applications to authenticate each physical cryptocurrency. Users can rely on DLV to verify their physical cryptocurrency, which is backed by blockchain technology. Furthermore, DLV offers users a verifiable source of truth. Also, a person-to-person exchange is validated using the DLV, and the authenticity of the physical cryptocurrency is audited through the XRPL. UTC node participants monitor the network infrastructure daily to verify each physical cryptocurrency and document all XRPL blockchain payment transactions.