Re: Release of PaySwarm Payment Processor (p3)

Sent from my iPad

> On 20 Jan 2015, at 10:03 pm, Pindar Wong <pindar.wong@gmail.com> wrote:
> 
> Thanks to you and to Digital Bazaar for this development. 
> 
> p.
> 
> 
+1

Timh.
>> On Mon, Jan 19, 2015 at 11:46 PM, Manu Sporny <msporny@digitalbazaar.com> wrote:
>> Today, Digital Bazaar is making a public commitment to implement
>> standards-track specifications that may be generated by the Web Payments
>> Activity at W3C[1]. We are doing this for a number of reasons:
>> 
>> 1. To do our part to ensure that the Web Payments Activity is
>>    successful by providing half of the required implementations
>>    necessary to reach W3C Recommendation status.
>> 
>> 2. To send a strong signal to financial organizations that there will
>>    be an implementation for them to integrate into their systems when
>>    the technologies are ratified.
>> 
>> 3. To be transparent about how the technology works by providing source
>>    code access to our implementations.
>> 
>> 4. To help spur more R&D in this area by providing a platform for
>>    hobbyists and researchers to experiment with Web Payments
>>    technologies.
>> 
>> We are accomplishing the above by releasing two of our core products to
>> Github under a non-commercial license (free to use for
>> hacking/research/trial purposes).
>> 
>> The first is called Bedrock[1], which helps organizations build the
>> server-side and client-side portions of REST API-driven modern Web apps.
>> It has useful built-ins like user account management, strong
>> cryptography support, Denial-of-Service protection, digital signature
>> support, native JSON-LD support in MongoDB, and many other built-in
>> features (runs on Linux, Mac OS X, and Windows):
>> 
>> https://github.com/digitalbazaar/bedrock#bedrock
>> 
>> The second is called p3 (the PaySwarm Payment Processor), which is built
>> on top of Bedrock. P3 is a Web application and REST API service that can
>> be used to deploy Web Payments as a Service (WPaaS) for banks, financial
>> institutions, and individuals that want to manage their own financial
>> resources:
>> 
>> https://github.com/digitalbazaar/p3#payswarm-payment-processor-p3
>> 
>> The p3 code base is the software that powers https://dev.payswarm.com/.
>> It implements many of the specifications that the JSON-LD CG, the Web
>> Payments CG, and the Credentials CG have been working on for the past
>> few years. From this day on, all development on these two projects will
>> happen via the public Github repositories.
>> 
>> I'd like to make it clear that these two code bases are not being
>> released as open source software; it's non-commercial software. While we
>> do release quite a bit of software as open source, the reasons we chose
>> to do this release under a non-commercial license can be found here:
>> 
>> https://github.com/digitalbazaar/bedrock/blob/master/FAQ.md#is-bedrock-open-source
>> 
>> There is still quite a bit of work to do on the two software projects
>> above, but we wanted to release the source code sooner than later so
>> that others may use it to perform research and play around with the
>> various experimental Community Group specifications. We hope this
>> release will be a positive contribution towards the Web Payments
>> Activity. I'll stop here and respond to any questions the group may have
>> about this release. Thoughts?
>> 
>> -- manu
>> 
>> [1] To be clear, there currently are no standards-track specifications
>> related to Web Payments yet, but based on the current trajectory of the
>> Web Payments Interest Group, Digital Bazaar expects there to be a number
>> of them over the next few years.
>> 
>> --
>> Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny)
>> Founder/CEO - Digital Bazaar, Inc.
>> blog: The Marathonic Dawn of Web Payments
>> http://manu.sporny.org/2014/dawn-of-web-payments/
>