Description
Interledger is an open protocol suite designed to enable seamless interoperability and secure transactions across diverse payment systems, including traditional banking systems, digital currencies, and other types of ledgers. Functioning similarly to the internet which connects disparate networks for information exchange, Interledger provides a ledger-agnostic architecture allowing for efficient transfers of value, whether in fiat or crypto currencies. Its core features emphasize security, scalability, and minimal protocol to support a wide range of payment networks without reliance on central authorities or intermediaries. The Interledger Foundation advocates for the protocol's development and adoption, highlighting its role in facilitating micropayments and broad financial connectivity. Interledger's open architecture ensures it is not confined to any single company, blockchain, or currency, positioning it as a foundational layer for the global payment network within the web3, crypto, and blockchain ecosystem.
Interledger is an open protocol suite designed to enable seamless interoperability and secure transactions across diverse payment systems, including traditional banking systems, digital currencies, and other types of ledgers. Functioning similarly to the internet which connects disparate networks for information exchange, Interledger provides a ledger-agnostic architecture allowing for efficient transfers of value, whether in fiat or crypto currencies. Its core features emphasize security, scalability, and minimal protocol to support a wide range of payment networks without reliance on central authorities or intermediaries. The Interledger Foundation advocates for the protocol's development and adoption, highlighting its role in facilitating micropayments and broad financial connectivity. Interledger's open architecture ensures it is not confined to any single company, blockchain, or currency, positioning it as a foundational layer for the global payment network within the web3, crypto, and blockchain ecosystem.
