Interledger Foundation Connecting the World Through Interoperable Payments

The Interledger Foundation is working to connect the world through interoperable payments. This means they're focused on making it possible for different payment systems to work together seamlessly.

The foundation's goal is to create a global payment network that's open, inclusive, and accessible to everyone. This vision is driven by the idea that everyone should have the ability to send and receive payments, regardless of their location or financial status.

Interledger is a protocol that enables different payment systems to communicate with each other. It's like a translator that helps different languages understand each other, allowing for smooth and efficient transactions.

The Interledger Foundation has a diverse and experienced board of directors. As of April 2021, the board consists of six members.

Maha Bahou, representing the Jordan Payments and Clearing Company, is one of the board members. Chris Larsen, co-founder of Ripple, is also part of the team.

Briana Marbury serves as the president and CEO of the Interledger Foundation. Her leadership plays a crucial role in shaping the organization's vision and goals. Kosta Peric, from the Bill and Melinda Gates Foundation, brings a wealth of knowledge and expertise to the board.

Evan Schwartz, co-creator of the Interledger Foundation, is another key member of the board. His involvement ensures that the organization stays true to its founding principles. Stefan Thomas, co-creator and chair of Coil, completes the board of directors.

Here is a list of the board members:

The Interledger Foundation is actively involved in various projects and initiatives that aim to promote financial inclusion and improve the internet's payment infrastructure.

One notable project is the Interledger Protocol (ILP), which enables the transfer of value between different ledgers and networks.

The ILP is an open-source protocol that allows for the seamless exchange of value between different financial systems and institutions.

Another initiative is the Coil project, which provides a way for creators to earn money directly from their fans and supporters.

Coil uses the Interledger Protocol to facilitate micropayments and enable a more direct and sustainable way of supporting creators.

The Interledger Foundation also supports the development of the Web Monetization API, which allows websites to receive payments directly from their users.

This API is designed to be simple and easy to use, making it accessible to developers of all levels.

Recommended read: Prudential Financial Foundation

We're excited to invite you to join our movement to accelerate Interledger (ILP) adoption and redefine payment systems for the better.

Interledger Community is a key part of this movement, and you can be a part of it by registering for the Interledger Summit.

If you're a business or Fintech keen on using Chimoney's platform or API, let's connect by booking a demo with Chimoney.

By joining our movement, you'll be part of a revolution that's empowering the world through Chimoney and Interledger.

Follow us on Twitter, LinkedIn, and Facebook to stay updated with our progress and be a part of this transformation.

The Interledger Foundation has made several open-source repositories available to the public, showcasing the potential of their technologies.

You can explore these repositories to see how they work and even contribute to them if you're interested.

The testnet repository is an open-source test application designed to demonstrate the benefits of Rafiki in real-world scenarios.

The rafiki repository is a comprehensive Interledger service for wallet providers, enabling them to offer Interledger functionality to their users.

One of the most active repositories is rafiki, with 307 commits in the past year.

Here's a brief overview of the repositories:

The web-monetization-extension repository, for instance, has seen 122 commits in the past year, with 48 issues that need help.

As we look to the future, one thing is clear: the possibilities are endless. With enhanced Interledger capabilities, Chimoney's Network is poised to revolutionize global payouts and cash-out avenues.

Integration has never been smoother thanks to Chimoney's API, making it easy to connect with other Interledger-enabled Financial service providers.

As we look to the future, it's exciting to see how technology is making our lives easier and more connected. One area where this is particularly evident is in the way we make and receive payments.

With enhanced Interledger capabilities, Chimoney's Network is offering accelerated global payouts. This means that money can be transferred quickly and efficiently across borders.

Seamless integration is also becoming a reality, thanks to Chimoney's API and Wallet as a Service infrastructure. This makes it easier for businesses and individuals to work together and conduct transactions.

More cash-out avenues are also becoming available, giving users more flexibility and control over their finances. Every Chimoney Wallet will be empowered with Interledger capabilities, making it easier to use and manage.

Our vision for the future is clear: a world where financial empowerment is tangible and real.

We've already made significant strides with our latest partnership, which signifies a commitment to innovation. This partnership is more than just an upgrade in services; it's a statement of our unwavering commitment to innovation.

We'll be showcasing our integration at the upcoming Interledger Summit in Costa Rica, where we'll be demonstrating the possibilities of our new services.