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A Web of Ledgers [via Interledger Payments Community Group]

From: W3C Community Development Team <team-community-process@w3.org>
Date: Fri, 9 Oct 2015 17:42:06 +0000
To: public-interledger@w3.org
Message-ID: <ddbf0139ef683e05123dc6046197daef@www.w3.org>
Twenty five years ago the Web changed how we share information. Today anyone
with Internet access can access trillions of documents instantly and for free.
But the same has not happened for payments. It is still cheaper and faster in
many cases to send a bundle of cash via Fedex than to send an international
wire. In order to change that, it's important to learn from the experience of
the Web.

What made the Web - and the Internet for that matter - so powerful, was the fact
that it allowed systems to offer interoperability while placing minimal
requirements on them. Interoperability enabled competition because even smaller
providers could reach a global audience. And the technical minimalism of the Web
platform resulted in tremendous diversity.

Can we do the same for payments?



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This post sent on Interledger Payments Community Group



'A Web of Ledgers'

https://www.w3.org/community/interledger/2015/10/09/a-web-of-ledgers/



Learn more about the Interledger Payments Community Group: 

https://www.w3.org/community/interledger
Received on Friday, 9 October 2015 17:42:08 UTC

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