Interledger: Creating a Standard for Payments

@article{HopeBailie2016InterledgerCA,
  title={Interledger: Creating a Standard for Payments},
  author={Adrian Hope-Bailie and Stefan Thomas},
  journal={Proceedings of the 25th International Conference Companion on World Wide Web},
  year={2016}
}
The web has enabled free and open information exchange for a vast number of users around the world. However, it has so far failed to do the same for payments. Instead of finding the cheapest route for each payment from a competitive network of providers, we rely on a small number of proprietary operators with global reach. The work happening at the Web Payments Working Group at W3C is attempting to remove some of the friction in performing payments on the Web by defining a standard payment API… Expand
Non-Atomic Payment Splitting in Channel Networks
Off-chain channel networks are one of the most promising technologies for dealing with blockchain scalability and delayed finality issues. Parties that are connected within such networks can sendExpand
Interledger Approaches
TLDR
A survey of interledger approaches, discussing and comparing their underlying mechanisms, to move away from the “one chain rules them all” model to one that allows the interconnection of multiple ledgers, with different features and advantages, while also supporting innovation. Expand
Second International Symposium on Foundations and Applications of Blockchain
Bitcoin is a successful and interesting example of a global scale peer-to-peer cryptocurrency that integrates many techniques and protocols from cryptography, distributed systems, and databases. TheExpand
Transparent Personal Data Processing: The Road Ahead
TLDR
The requirements that need to be satisfied by a transparency architecture are identified, the suitability of existing logging mechanisms in light of said requirements are examined, and a number of open challenges and opportunities are presented. Expand
SoK: Sharding on Blockchain
TLDR
A systematic and comprehensive review on blockchain sharding techniques and a general design flow of sharding protocols is presented and key design challenges are discussed and analyzed and the techniques in state-of-the-art solutions are analyzed. Expand
Disintermediation of Inter-Blockchain Transactions
TLDR
This work proposes a solution to the inter-blockchain transaction problem using the same fundamental principles of Bitcoin, and is described by the Uberledger framework, a hierarchical meta-blockchains layer that encapsulates information regarding the fidelity of peer-to-peer transaction facilitators. Expand
Jointgraph: A DAG‐based efficient consensus algorithm for consortium blockchains
TLDR
Jointgraph is proposed, a Byzantine fault‐tolerance consensus algorithm for consortium blockchains based on DAG, where transactions are packed into events and validated by no less than 2/3 of all members and a supervisor is introduced in the design. Expand
appXchain: Application-Level Interoperability for Blockchain Networks
TLDR
This paper proposes an application-based cross-chain interoperability solution named appXchain which allows blockchain networks of any architecture type and industrial focus to inter-communicate, share data, and make requests and defines and describes the roles and requirements of major entities of inter-operating blockchain networks in the context of healthcare. Expand
Process-Based Composition of Permissioned and Permissionless Blockchain Smart Contracts
TLDR
This work proposes an approach that enables composing smart contract functions of various permissioned and permissionless blockchain systems by providing the ability to invoke them directly from business process models using a new task type. Expand
Smart Contract Invocation Protocol (SCIP): A Protocol for the Uniform Integration of Heterogeneous Blockchain Smart Contracts
TLDR
The Smart Contract Invocation Protocol (SCIP) is introduced, which unifies interacting with smart contracts of different blockchains and supports invoking smart contract functions, monitoring function executions, emitted events, and transaction finality, as well as querying a blockchain. Expand
...
1
2
3
...

References

SHOWING 1-4 OF 4 REFERENCES
A Protocol for Interledger Payments
We present a protocol for payments across payment systems. It enables secure transfers between ledgers and allows anyone with accounts on two ledgers to create a connection between them.Expand
The Stellar Consensus Protocol : A Federated Model for Internet-level Consensus
This paper introduces a new model for consensus called federated Byzantine agreement (FBA). FBA achieves robustness through quorum slices—individual trust decisions made by each node that togetherExpand
The Ripple Protocol Consensus Algorithm
TLDR
This work presents a novel consensus algorithm that circumvents the requirement that all nodes within the network communicate synchronously by utilizing collectively-trusted subnetworks within the larger network and shows that minimal connectivity is required to maintain agreement throughout the whole network. Expand
Security for computer networks - an introduction to data security in teleprocessing and electronic funds transfer (2. ed.)
  • D. Davies, W. Price
  • Computer Science
  • Wiley series in communication and distributed systems
  • 1989
Data security ciphers and their properties the data encryption standard using block cipher in practice authentication and integrity key management identity verification public key ciphers digitalExpand