Whistleblowers’ Protection with XRP Ledger

In the wake of the European Union’s directive 2019/1937, aimed at safeguarding whistleblowers reporting breaches of Union law, this paper proposes a novel solution leveraging blockchain technology, specifically the XRP Ledger (XRPL), to establish secure and anonymous communication channels. The proposed architecture integrates XRPL’s inherent features, including robust security protocols, anonymization mechanisms, and low transaction costs, to facilitate data integrity, confidentiality, and immutability. Through a comprehensive design encompassing web application integration, Xaman Wallet functionality, XRPL transaction execution, and secure storage management, the system provides a user-centric and regulatory-compliant platform for whistleblowers to submit reports securely. Furthermore, the paper discusses the proposed solution’s feasibility, scalability, security, privacy, and ethical implications, emphasizing its potential to reshape organizational governance, accountability frameworks, and societal trust. This research advances transparency, accountability, and integrity in organizational practices by addressing the imperative need for efficient whistleblower communication channels, fostering a culture of ethical conduct and social responsibility.

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Publication Details

Published
2024-11-26
DOI
https://doi.org/10.1109/bcca62388.2024.10844385
Citations
1
Primary Topic
FinTech, Crowdfunding, Digital Finance
Type
article
Field-Weighted Citation Impact
0.53
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article

Whistleblowers’ Protection with XRP Ledger

Radu State, Antonio Ken Iannillo, Pavel Pantiukhov, Dmitrii Koriakov
1 citations
FinTech, Crowdfunding, Digital Finance
0.53
article

Whistleblowers’ Protection with XRP Ledger

Radu State, Antonio Ken Iannillo, Pavel Pantiukhov, Dmitrii Koriakov
article en
1 citations

Abstract

In the wake of the European Union’s directive 2019/1937, aimed at safeguarding whistleblowers reporting breaches of Union law, this paper proposes a novel solution leveraging blockchain technology, specifically the XRP Ledger (XRPL), to establish secure and anonymous communication channels. The proposed architecture integrates XRPL’s inherent features, including robust security protocols, anonymization mechanisms, and low transaction costs, to facilitate data integrity, confidentiality, and immutability. Through a comprehensive design encompassing web application integration, Xaman Wallet functionality, XRPL transaction execution, and secure storage management, the system provides a user-centric and regulatory-compliant platform for whistleblowers to submit reports securely. Furthermore, the paper discusses the proposed solution’s feasibility, scalability, security, privacy, and ethical implications, emphasizing its potential to reshape organizational governance, accountability frameworks, and societal trust. This research advances transparency, accountability, and integrity in organizational practices by addressing the imperative need for efficient whistleblower communication channels, fostering a culture of ethical conduct and social responsibility.

University of Luxembourg (LU)
Openalex Percentile: Top 22%
FinTech, Crowdfunding, Digital Finance
0.53
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Whistleblowers’ Protection with XRP Ledger — Radu State, Antonio Ken Iannillo, et al. · (2024) | TGRS Research Map | TGRS