Interledger Protocol Aims to Create Payment Gateway Between XRP and ETH

Interesting things continue to happen for Ripple as we speak. The XRP price and an overall market cap continues to grow, but that is only part of the bigger story. It appears the Interledger Protocol is preparing for a major test. This test involves a preview of a payment demo between XRP and Ether. An interesting concept, to say the least.

What Is Interledger Protocol Planning With XRP?

On paper, it sounds like the project will establish payment channels between XRP and ETH. Having two of the three most valuable digital assets work together for payments is an intriguing thought. In an email sent out to all members, it is evident there are four things on the agenda. One of those topics revolves around Integration of XRP-PayChan, XRP-Escrow, and Ethereum.

Albeit this sounds like a very exciting announcement, it is somewhat difficult to understand what this means. We do know the Interledger Protocol connects banks, digital wallets, and clearing houses. Moreover, it allows any coder to integrate payment solutions without requiring an agreement with a specific provider. That is quite significant, as it can reshape the future of

Read more ... source: LiveBitcoinNews

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