New Hyperledger Quilt is Here as a Java Implementation of the Interledger Protocol by Ripple and Xpring Architect
In a post on Coil, David Fueling, who is the software architect for Ripple and Xpring, announced the Hyperledger Quilt v1.0, which he describes as an implementation of the Interledger protocol that allows payments across any payment network. Here is a summary of the announcement.
Fueling explains that interledger allows for open protocols and standards to permit payment interoperability across any currency, including fiat or crypto. There is no single company or organization that controls the interledger. Rather, the interledger features various entities and institutions that can decide which interledger network they want to connect to.
Given that no single entity owns the interledger, the software is free and open source. He explains that Quilt is hosted in the Hyperledger community, which works to provide a governance structure to allow the platform’s implementation to mature. Hyperledger Quilt and interledger are backed by major developers from various organization, one of which is Xpring.
He then explains that at Xpring, an open platform for developers is being created. The open platform allows developers to integrate money into their applications, and that interledger is central to the vision.
There is heavy investment in tools and serves, including Interledger Testnet, to permit anyone to build a payment system using the interledger technologies. Further, Xpring’s platform is developed to promote innovation in blockchain to interoperate all the money with the launch of Quilt v1.0.
In the post, Fueling also explains some of the core primitive features, and he also provides a walk through on how to send an interledger payment from a Java application when using Quilt. The instructions are easy to follow, clear, and can help users achieve sending an interledger payment when using quilt.
The full post can be read here: https://coil.com/p/xpring/Announcing-Quilt-v1-0-Interledger-for-the-Java-platform/6E3ClmMlE.