- From: David Fuelling <dfuelling@sappenin.com>
- Date: Fri, 17 Jun 2016 18:10:53 +0000
- To: Interledger Community Group <public-interledger@w3.org>
Received on Friday, 17 June 2016 18:11:31 UTC
Hey All, Sorry if this has been answered already, but can anyone clarify if ILP is intended to be used for non-currency assets transfers (assuming a fungible non-currency asset)? One example that comes to mind would seem to be a stock transfer for equity settlement or other purposes. However, it's not clear to me how will the ILP connector "fee system" would work in a case like this. For example, imagine I want to transfer 10 shares of stock from one brokerage account to another. I think I can wrap my mind around how to model that in ILP, but how does the connector "charge" for its services? It seems impractical to take a percentage of shares off of my transfer. Instead, a connector would want to additionally transfer some sort of currency to itself as part of the transaction to "pay" for the connector usage. My read of ILP is that each transaction can only involve one "type" of asset (whereas this would involve 2 types - the stock, and some currency as a commission). Am I misunderstanding? Thanks! david
Received on Friday, 17 June 2016 18:11:31 UTC