TPAC 2019

6f3ec7315ad0715ae2a5f89a52877218?s=47 bruce lawson
September 18, 2019

TPAC 2019

6f3ec7315ad0715ae2a5f89a52877218?s=128

bruce lawson

September 18, 2019
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    @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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    @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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    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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    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
 <meta name='monetization'
 content='https://ilp.gatehub.net/435259649'>
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    Accepting Payments Put receiving account URL in <meta> 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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    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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    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