{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/e8777b65a36440eb8afd0aaaeca82eee\" frameborder=\"0\" width=\"1876\" height=\"1407\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1407,"width":1876,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1407,"thumbnail_width":1876,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/e8777b65a36440eb8afd0aaaeca82eee-5f2bd1b8101c390e.gif","duration":166.3,"title":"XCRMS Proof-Based Critical Minerals Settlement on XRPL","description":"This Loom explains XCRMS, a proof-only settlement token for mined and recycled critical minerals on the XRP Ledger. It claims escrowed payments with audit-linked proofs, four-signer minting, 130% collateral, and controlled releases where unscreened accounts cannot hold any units. The demo references 34,620 XCRMS for one ton of recycled cobalt and shows transactions validated on-ledger with Quicknode performing about 12 to 20 ms requests and 5,000 calls per hour during testing. It also describes a hard-case scenario where a buyer is sanctioned mid-lock and the escrow expires back to an issuer-redeemable line."}