This talk seems set out to prove that "XML is Bad". Yes XML-DSig isn't great with XPaths, but most of these attack vectors has been known for 10 years. There is probably a reason why the vulnerabilities found where in software not commonly used, e.g. SAP. Many of the things possible with XML and UBL simply isn't available in protobuf, json. How would you digitally sign a Json document and embed the signature in the document?
As having implemented EDIFACT parsers and translation layers, Universal Business Language (Oasis UBL) is a bliss to work with. Yes, it's a big standard and looks scary when starting out with it, but it is very well designed for a complicated world.
I wish we would focus on making tooling better for W3C EXI (Binary XML encoding) instead of inventing new formats. Just being fast isn't enough, I don't see many using Aeron/SBT, it need a ecosystem - which XML does have.
The article nor the talk appear to reference the XML standard that EN 16931 is built upon: Universal Business Language, https://www.oasis-open.org/committees/tc_home.php?wg_abbrev=... - which is freely available. Examples can be found here: https://github.com/Tradeshift/tradeshift-ubl-examples/tree/m... . It is a good standard and yes it's complex, but it is not complicated by accident. I would any day recommend UBL over IDOC, Tradacom, EDIFACT and the likes.