Interledger Protocol (ILP)
From CryptoWiki
- Fka Codius
- Joined the JS Foundation “The JS Foundation is a member supported organization; founding members include Bocoup, IBM, Ripple, Samsung, Sauce Labs, Sense Tecnic Systems, SitePen, StackPath, University of Westminster and WebsiteSetup.”
- A protocol for escrowed token transactions between any ledgers capable of providing blockchain secured proof of receipt
- “The Interledger Protocol provides for routing payments across different digital asset ledgers while isolating senders and receivers from the risk of intermediary failures. Secure multi-hop payments and automatic routing enables a global network of networks for different types of value that can connect any sender with any receiver.”
- Being implemented in Ripple
