ILP Lightning Talk at the MIT Blockchain Workshop

Post on 11-Apr-2017

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Transcript of ILP Lightning Talk at the MIT Blockchain Workshop

Interledger

Evan Schwartz

Cross-chain Interoperability

We <3 Distributed Ledgers

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Everyone Wants Their Own Blockchain

We Don’t Want to Recreate Disconnected Silos

Interledger Connects Different Blockchains

Interledger is a protocol for transferring assets across ledgers

Learning From History: Networking circa 1960

Internet: Network of Networks

Inter-Network Addresses Are the Key Building Block

204.28.124.148IP Address

amount:"1023.20"

address:"btc.somewallet/bob"

ledger account

Interledger in One Slide

1023.20btc.somewallet/bob

Interledger Sends “Packets” of Money

Connectors Relay and Convert Assets Across Networks

Send Any Asset, Receive Any Asset

Connecting Ledgers Enables the Internet of Value

Interledger.org