Breaking Barriers With Blockchain (DeveloperWeek Global 2020)

Unlocking instant payment settlement and messaging, Interledger revolutionizes financial transactions with interoperability and low fees, transforming the future of value exchange.

Key takeaways
  • The internet has enabled information sharing, but financial transactions are still in a siloed state.
    • Thinking like protocols designed for the internet can help solve financial transactions.
  • Venmo and PayPal are part of a system that needs to be connected to other networks.
    • Interoperability is key to breaking down barriers.
  • Blockchain and payment systems are becoming more accessible to developers.
    • Protocols are being designed to support multiple currencies and applications.
  • The financial industry is stuck in a siloed state, but new technologies can help bridge the gap.
    • Interledger is a protocol that enables interoperability between payment networks.
  • The future of payments will be peer-to-peer, with no middlemen involved.
    • This will reduce fees and make transactions more efficient.
  • The state of the internet is similar to its early days, with payment systems stuck in a siloed state.
    • New technologies can help unlock value and create new business models.
  • Interledger is a global protocol that’s accessible to anyone, reliable, and can support multiple applications.
    • It’s designed to reduce fees and make transactions more efficient.
  • The future of value exchange will be like the internet, with instant settlement and messaging.
    • Interledger is designed to support this vision.
  • The Ripled Ledger is a native blockchain that can support multiple currencies and applications.
    • It’s designed to be fast, scalable, and reliable.
  • Interledger is a protocol that enables interoperability between different payment networks.
    • It’s designed to reduce fees and make transactions more efficient.
  • The future of payments will be peer-to-peer, with no middlemen involved.
    • This will reduce fees and make transactions more efficient.
  • The state of the world is not yet ready for instant payment settlement, but new technologies can help bridge the gap.
    • Interledger is a protocol that’s designed to support instant payment settlement.
  • Developers are building new payment applications, but there’s still a need for interoperability.
    • Interledger is a protocol that can help solve this problem.
  • The future of value exchange will be like the internet, with instant settlement and messaging.
    • Interledger is designed to support this vision.
  • 70% of ecommerce payments are still painful for customers.
    • Interoperability can help reduce fees and make transactions more efficient.
  • Interledger is a protocol that’s designed to enable interoperability between different payment networks.
    • It’s designed to reduce fees and make transactions more efficient.
  • The financial industry is stuck in a siloed state, but new technologies can help bridge the gap.
    • Interledger is a protocol that can help solve this problem.