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Re: Fw: Fwd: Roll call / intro - expand the scope of Interledger Protocol to beyond payment

From: Ryan Fugger <arv@ryanfugger.com>
Date: Thu, 3 Dec 2015 08:55:55 -0800
Message-ID: <CAD83BY39yJnAu+S0xcuvkEhAyFcs_KY5fPXbkDF_UkBFfVZwRQ@mail.gmail.com>
To: Nitin Gaur <ngaur@us.ibm.com>
Cc: Interledger Community Group <public-interledger@w3.org>
Hi Nitin. I feel it is important to have a clear focus on what we're trying
to accomplish with ILP, which is interledger payments. ILP should ensure it
is compatible with other business functions generally, to be sure, but as
there is no explicit blockchain in the ILP concept, I'm not sure this is
the right place to explore how the blockchain can be employed in
conjunction with other business activity in the financial sector. Did you
have any specific concerns that might limit ILP's applicability to certain
areas, or a more general desire to ensure compatibility with a broad range
of applications?
On Dec 2, 2015 8:28 PM, "Nitin Gaur" <ngaur@us.ibm.com> wrote:

> Hello Folks
>  My name is Nitin Gaur, I serve as a Director of Blockchain Labs  @IBM.
> I wanted to float an idea prior to our first cal, where we expand the
> scope of Interledger Protocol to beyond payments.  The idea is to ensure
> that we are aware and linking payment activity to other business
> functions.  Such as Mortgage initialization, Mortgage securitzation, Car
> loan payment etc. The idea being to explore how blockchain  can be employed
> in conjunction with other business activity in  Financial services sector.
> This will also broader the horizon and applicability..linking payment to
> broader blockchain ecosystem.
> Thoughts?
> N
> :)
> Nitin Gaur
> IBM Blockchain Labs
> 512-789-5300
> -----Forwarded by Nitin Gaur/Austin/IBM on 12/02/2015 10:21PM -----
> From: Bob Way <bob@ripple.com>
> Date: 29 October 2015 at 20:52
> Subject: Re: Roll call / intro
> To: "public-interledger@w3.org" <public-interledger@w3.org>
> Hi all. I’m Bob Way. I work with Stefan, Evan and Adrian on the
> interledger team at Ripple.
> I ran across Bitcoin pretty early and became a fanboy of the
> cryptocurrency concept. A couple years later I discovered OpenCoin’s Ripple
> announcement and became intrigued with the possibilities of transacting in
> fiat currencies within the framework of a cryptocurrency system.
> It was during my pre-employment research into OpenCoin’s Ripple system
> that I discovered Ryan Fugger’s “classic" Ripple Pay system. In fact, I
> credit my grasp of the “rippling” concept to some patient tutoring from
> members of Ryan’s community. (Great to meet you Ryan!)
> Now after two and a half years at Ripple, I’m ecstatic about establishing
> ILP as a global open standard supporting all types of transactions. I
> believe ILP can optimize the benefits of social credit, cryptocurrency, and
> traditional finance by connecting them all into an interoperable web of
> value.
> Bob Way
> Software Engineer | Ripple
> bob@ripple.com <ben@ripple.com> | ripple.com
Received on Thursday, 3 December 2015 16:56:33 UTC

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