Will Apple Pay Use Ripple Interledger In The Near Future?

in #ripple7 years ago (edited)

Apple Pay Using Ripple Interledger and Data443 as a Validator

Apple has a cross-browser API (Application Programming Interface) that’s under development by the World Wide Web Consortium (W3C). The W3C is a global community that develops protocols and sets standard for the web. Standards Officer of Ripple, Adrian Hope-Bailie is a co-chair of the Interledger Community and Web Payments Working Group at the W3C.

The integration of Ripple's interledger protocol with Apple Pay hints the possibility of accepting cryptocurrencies as payments for purchases in the near future. Data443’s capabilities to safeguard consumer data on the blockchain ecosystem makes their software, Classidocs a great candidate for deployment in Apple’s database, Ripple’s network and banks supporting Apple Pay.

There are currently 120 banks supporting Apple Pay including some of the world’s largest banks by total asset, such as Bank Of America, Wells Fargo and JP Morgan. Banks will have to implement a solution to secure consumer data on Ripple’s blockchain, which makes a great opportunity for Data443 to tap into.

As a trusted validator on Ripple’s blockchain, Data443 has advantages over their competitors. This gives Data443 great exposure to potential clients worldwide. Validators also get to vote on changes to protocols.

Sources:
Apple: https://developer.apple.com/documentation/apple_pay_on_the_web

W3C: https://w3c.github.io/payment-handler/

Great Analysis On Ripple:
https://www.data443.com/great-analysis-ripple-enterprise-xrp-financial-banks/

Data443 Classification, eDiscovery and GDPR Compliance Now Available for Use with Ripple Blockchain
https://globenewswire.com/news-release/2018/05/16/1507443/0/en/Data443-Classification-eDiscovery-and-GDPR-Compliance-Now-Available-for-Use-with-Ripple-Blockchain.html

120 Banks supporting Apple Pay:
https://www.igeeksblog.com/list-of-banks-and-credit-cards-that-support-apple-pay/

*This is for information purpose only and not an investment advice. Please do your own research and consult with your financial advisor before investing.

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Great article Missila ! Thanks for these infos, we def closely following the progresses of ITL's implementation at Apple Pay. I am myself trying to set the first XRPL node and ITL live experience in West Africa. Tuff work, but rewards will be great !

Thank you and best of luck on your endeavors!

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