TPAC 2019

Transcript

1. @brucel
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2. @brucel
   

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3. @brucel
   

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4. @brucel
   

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5. @brucel
   

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6. @brucel
   

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7. @brucel
   

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8. @brucel
   

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9. @brucel
   

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11. @brucel
    

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12. @brucel
    

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13. @brucel
    

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14. @brucel
    webmonetization.org
    

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16. @brucel
    

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17. @brucel
    

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18. @brucel
    

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19. @brucel
    

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20. @brucel
    

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21. @brucel
    

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22. @brucel
    

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23. @brucel
    Interledger is developed by an open group of companies and individual
    contributors, loosely organized as part of a Community Group of the World Wide
    Web Consortium (W3C).
    
    Interledger is an open protocol suite for sending payments across
    different ledgers. Like routers on the Internet, connectors route packets of
    money across independent payment networks.
    
    The open architecture and minimal protocol enable interoperability for any value
    transfer system.
    
    Interledger is not tied to any one company, blockchain, or currency.
    

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24. @brucel
    

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25. @brucel
    $306,552
    (payments sent, not payments
    facilitated/processed)
    

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26. @brucel
    

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27. @brucel
    "Inevitably, 2020 will be another year of change for
    digital publishers. However, just like in years past,
    publishers will continue to thrive if they
    embrace these industry changes and develop
    new, differentiated sources of revenue.”
    
    4 Reasons Why News Media Will Thrive In The Wake Of Privacy Regulation
    (AdExchanger.com, Sept 2019)
    

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28. @brucel
    

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30. THANKS ’N’ KISSES!
    brucelawson.co.uk
    @brucel
    bruce@coil.com
    * Other Bruce Lawsons are available.
    ** known to cause nausea in some jurisdictions.
    

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31. Overview
    Web Monetization is a standard for websites to request micropayments from users
    - Websites provide a URL for their receiving account
    - A Web Monetization Agent decides the rate to pay the website
    - The User Agent uses Payment Handler to send payments

    content='https://ilp.gatehub.net/435259649'>
    

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32. Accepting Payments
    Put receiving account URL in tag in the page header
    - URL is provided by wallet (Payment Pointer)
    - URL is used to generate unique Interledger address per “session”
    Listen for DOM events indicating a payment has been made

    Use the session id to correlate payments on the backend
    document.monetization.addEventListener('monetizationprogress', e => {

    console.log(e.detail.amount)

    })
    

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33. Sending Payments
    Users install a Payment Handler capable of paying via Interledger
    - Interledger + No User Interaction = Web Monetization payment method
    Users install a Web Monetization Agent
    - Specifics of User Agent integration are still TBD
    - Core requirement is user privacy
    Users authorize the agent to make payments (subject to limits) on their behalf
    - E.g. Token for user’s wallet
    

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34. Grant for the Web
    Announced 16 September 2019
    5 year programme
    USD $100M fund to boost open, fair, and inclusive standards and innovation in
    web monetization
    See more @ grantfortheweb.org/faq
    

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