... | ... | @@ -60,6 +60,6 @@ For a brief introduction, please read [A ValueFlows Story about Pie](http://miko |
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### Interledger
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Interledger is a protocol stack for routing and clearing payments through a distributed financial architecture and automatically settling those payments through many possible underlying systems, which may may not include various blockchains. It is akin to the Automated Clearing House (ACH) in the USA, the EBA Clearing network in the Single European Payment Area (SEPA), AusPayNet in Australia, VisaNet, and SWIFT for international transfers. It is more flexible in its design the the above, and can actually be seen as an upgrade to ISO8583 (financial card spec with a hierarchical addressing scheme, like a credit card).
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Interledger is a protocol stack for routing and clearing payments through a distributed financial architecture, while simultaneously increasing liquidity and distributing the risk of clearing and settling those payments. It also has ability to automatically settle those payments through many possible underlying systems, which may may not include various blockchains. It is akin to the Automated Clearing House (ACH) in the USA, the EBA Clearing network in the Single European Payment Area (SEPA), AusPayNet in Australia, VisaNet, and SWIFT for international transfers. It is more flexible in its design the the above, and can actually be seen as an upgrade to ISO8583 (financial card spec with a hierarchical addressing scheme, like a credit card).
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[Interledger Onboarding](interledger) |
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