TPAC 2019 - Speaker Deck

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@brucel §

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@brucel

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@brucel

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@brucel

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@brucel

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@brucel webmonetization.org

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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

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

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@brucel

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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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@brucel

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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 

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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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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