Businesses Gear Towards L1 Coldware Over XRP Over Subnet and Privacy Capabilities
The post Businesses Gear Towards L1 Coldware Over XRP Over Subnet and Privacy Capabilities appeared on BitcoinEthereumNews.com.
Major corporations are ditching traditional blockchain solutions like XRP and standard subnet architectures in favor of more comprehensive privacy options. The shift comes as businesses face mounting pressure to protect sensitive data while still leveraging blockchain’s efficiency. XRP’s public ledger design—once considered a feature—has become a liability for companies handling confidential transactions. Meanwhile, subnet architectures offer better isolation but still struggle with true end-to-end encryption. That’s where Coldware ($COLD) is stepping in. By combining Layer-1 blockchain technology with purpose-built hardware devices, Coldware offers businesses something neither XRP nor subnets can match: complete privacy without sacrificing performance. XRP and Subnet Architectures Fall Short on Enterprise Privacy Needs XRP has dominated cross-border payments for years with its impressive speed and minimal fees. Financial institutions using Ripple’s network can settle international transfers in seconds rather than days, with transaction costs amounting to fractions of a cent. But there’s a growing problem that’s pushing businesses away: privacy—or rather, the lack of it. The XRP Ledger operates on a public blockchain where transaction details remain visible to all participants. What was once marketed as “transparency” has become a serious liability for businesses handling sensitive financial data. Companies simply can’t afford to have their payment flows, transaction amounts, and business relationships exposed on a public ledger. Despite XRP’s utility as a bridge currency for international transfers, its inability to offer robust privacy protections has prompted many enterprises to look elsewhere. The financial sector in particular—with its strict compliance requirements and confidentiality obligations—needs something more secure. Subnets looked promising as a solution. They create smaller, more controlled environments within larger blockchain networks, offering better security and access controls than main chains like XRP. Think of it as having private sections within a public network. The problem? Even subnets aren’t bulletproof. They’re better at containing security breaches, but…
Filed under: News - @ June 1, 2025 2:24 am