Published on: Apr 07, 2018 by CryptoCrimson Ripple has been one of the biggest players when it comes to processing payments over the blockchain. The currency has been bringing forward a number of changes which are redefining the way payment processing technology is known to be.
In a major adoption of Ripple’s technologies, Apple has now started making use of Ripple’s interledger protocol for their Payment Request API for Apple Pay on Safari. Major tech firms such as Apple have been far from entering the world of cryptocurrencies or blockchain so far.
However, despite this, they have shown a limited amount of interest. Ripple’s Interledger protocol has attracted Apple for about two years now – as the company has finally implemented it.
What makes it so attractive to Apple is the kind of interoperability that it offers. Ripple’s interledger provides a better payment processing protocol as it resolves all the problems that various card networks have. The long-term plan with the interledger is to create a global network which can connect cryptocurrencies.
The interledger protocol has been equated to the HTTP by Ripple’s head techies. Explaining the benefits of the Ripple Interledger protocol, Ripple’s CTO Stefan Thomas had commented in 2016, “You are not exposed to any risk from either the connectors, which are the systems that connect ledgers, or any of the other ledgers. Read more from cryptocrimson.com…
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