Re: w3c payment processors

hi all,

sorry i've been out of sync for a while...

Pindar,

re: e-contracts - v.interested in smart-contracts / receipts, etc.

Currently building systems / plugins for community use in Wordpress. Part
of the Wordpress methodology seeks to support 'datastore' functionality.

Wordpress work is being designed using 'webcivics' considerations; so
seeking to ensure the plugins produced are free to use, hoping to ensure
they're sustainably maintained and available in the Wordpress plugin
listings, etc.

However, i have had an enquiry from a v.large potential customer within the
retail space. the driver is more about loyalty, however in many ways it has
similar traits when considering digital receipts, etc.

i don't envisage requirements for large customers being suited to
Wordpress; yet, a customer should eventually be able to download their
data, and put it somewhere; like their Wordpress install..

The receipting systems should in theory provide the ontological methods to
help quite substantially...

However; i'm not sure what licensing your seeking around the S/W Dev.
(whereby the operation of technology ie: choice of law HK - being
different).  IMHO, collaborating on systems that have reach and significant
'civic' application (alongside digital agency use) seems to me; to be a
good choice in how to get things done / mkt. ready...

"Stuff" within or in relation to these specs - needs to have revenue
attached; in-order for it to be deemed useful.

unfortunately significant works in some groups only feature tens of users,
most highly sophisticated.  I'm looking forward to a more extensive and
cohesive valuation of IP related effort statements, vars, calcs, to
in-turn, form new business models for those strapped to the web in relation
to the shopfront of their works, efforts and market
valuations/renumeration.

Privacy or rather 'data rights' is also v.important to me and its therefore
considered that a framework in which a user can manage their own data,
should they choose to, be escalated as a work of importance as to ensure
the usability and available choice for other more sophisticated products.

Tim.

On 12 March 2015 at 23:45, Pindar Wong <pindar.wong@gmail.com> wrote:

> I'd be interested to know that if you hypothetically had USD$600k and the
> opportunity to design and build out an open testing lab for say proto
> web-payment processing and smart contract simulations would any of you be
> interested in helping to specify what this might look like?
>
> p.
>
>
> On Thu, Mar 12, 2015 at 8:20 PM, Melvin Carvalho <melvincarvalho@gmail.com
> > wrote:
>
>>
>>
>> On 12 March 2015 at 12:56, Joseph Potvin <jpotvin@opman.ca> wrote:
>>
>>> <tangential comment>
>>>
>>> RE: "I also have some bitcoin "testnet" coins that could be used to test
>>> settlement.  They are worthless coins but otherwise will all the same
>>> properties of btc."
>>>
>>> Spotted at https://en.bitcoin.it/wiki/Testnet  "Testnet2 was just the
>>> first testnet reset with a different genesis block, because people were
>>> starting to trade testnet coins for real money."
>>>
>>> The difference between one and the other is, um...
>>>
>>> Here's a potentially useful benchmark for the "real" BTC:
>>> http://www.numbeo.com/common/motivation_and_methodology.jsp
>>>
>>> ... more on this coming soon, at a very generic level, here:
>>>
>>> https://www.w3.org/Payments/IG/wiki/Use_Cases_Task_Force#Choosing_the_Attributes_of_Price
>>> Drafting under way.
>>>
>>> </tangential comment>
>>>
>>
>> Most people use testnet3
>>
>>
>>>
>>> Joseph Potvin
>>>
>>> On Thu, Mar 12, 2015 at 3:56 AM, Melvin Carvalho <
>>> melvincarvalho@gmail.com> wrote:
>>>
>>>>
>>>>
>>>> On 12 March 2015 at 05:21, Manu Sporny <msporny@digitalbazaar.com>
>>>> wrote:
>>>>
>>>>> To clarify a bit more...
>>>>>
>>>>> On 03/06/2015 04:19 PM, Melvin Carvalho wrote:
>>>>> > I would like to implement a payment processor in line with the w3c
>>>>> > payments spec
>>>>>
>>>>> Keep in mind that there is no such thing as a "W3C Payments Spec" right
>>>>> now. I know you know that Melvin, but others on the list might get the
>>>>> wrong idea.
>>>>>
>>>>> There are Web Payments /Community Group/ specifications, many of them
>>>>> incomplete or in need of updating, but with implementations.
>>>>>
>>>>> There are no Web Payments /Interest Group/ or /Working Group/
>>>>> specifications yet. We're working through the details now of use cases,
>>>>> roadmap, and Web Payments Architecture (Payment Agent). Expect First
>>>>> Public Working Drafts of those in the coming months.
>>>>>
>>>>> > I was wondering if anyone else is working on something similar
>>>>> > because I'd like to test payments from one processor to another, and
>>>>> > it doesnt seem clear how to do that right now.  Perhaps with some
>>>>> > running code the problem would be easier to break down.
>>>>>
>>>>> There is currently no mechanism to do cross-payment processor clearing.
>>>>> Payment Processors could use Ripple, centralized continuous clearing,
>>>>> or
>>>>> some other blockchain-like mechanism to clear payments between each
>>>>> other. Not having this spec'd right now is problematic, and we really
>>>>> do
>>>>> need to sort out the details here.
>>>>>
>>>>> > Just trying to establish tentatively if anyone may be willing to help
>>>>> > test in the short to medium term.
>>>>>
>>>>> +1, willing to test... but before we can do that, we need to settle on
>>>>> the protocol (which is a non-trivial undertaking).
>>>>>
>>>>
>>>> +1 to everything
>>>>
>>>> My hope was that through running code it might be easier to come to a
>>>> consensus.
>>>>
>>>> Perhaps we could have a wiki page for people that would like to test,
>>>> similar to :
>>>>
>>>> https://dvcs.w3.org/hg/ldpwg/raw-file/default/tests/reports/ldp.html
>>>>
>>>> I think we may need a clearing system like ripple or ACH
>>>>
>>>> I also have some bitcoin "testnet" coins that could be used to test
>>>> settlement.  They are worthless coins but otherwise will all the same
>>>> properties of btc.
>>>>
>>>>
>>>>>
>>>>> -- manu
>>>>>
>>>>> --
>>>>> 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/
>>>>>
>>>>>
>>>>
>>>
>>>
>>> --
>>>
>>>
>>
>