Analyst Pumpius speculates that JP Morgan may be secretly leveraging Ripple’s XRP Ledger for its digital identity project, fueled by the bank’s recent focus on Web3. He argues that while publicly proclaiming empowerment and seamless interaction, JP Morgan might be utilizing XRPL’s low-cost, scalable, and compliant global settlement infrastructure for this purpose. This idea is bolstered by DNA Protocol, which utilizes XRP Ledger to anchor biometric data across African labs. Pumpius suggests this rollout in Africa is a stepping stone towards wider global adoption, with the World Economic Forum and WEF promoting the initiative through its narrative frameworks. The alignment of these key players – JP Morgan, Ripple, World Economic Forum, and DNA Protocol – could signify a complex system underpinning a future where digital identities are crucial for global commerce. Whether or not this is the case remains unclear, but the specter of such a connection has sparked intrigue within the XRP community.