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GateHub 2016: A Year in Review (Email)


TPM

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3 minutes ago, TPM said:

Maybe the most exciting feature this year is full Interledger support, coming in Q1 2017. Our gateways will be among the first ILP-enabled services and you as our customer will be able to experience this groundbreaking technology hands-on using GateHub Wallet.

 

 

ILP is not yet standardized. How will they establish interoperability with other entities?

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12 minutes ago, Xi195 said:

@enej Will the debit card spend XRP using ILP, or will it only spend USD?

If it works correctly it should convert currency on the fly, depending on what country you are in. Would be handy for travellers. 

I hope this is how it works. 

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48 minutes ago, enej said:

We are working closely with Ripple's ILP team to make sure we are 100% compatible with other entities.

Fantastic.......real upgrades that will provide immediate XRP use/access and liquidity in Q1 2017!

 

Edited by TPM
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39 minutes ago, kanaas said:

@enej "debit" card.... will you rely on a network like Visa, MasterCard, ...

Yes. For the time being.

Someday in the future (definitely not in 2017) when both user's and the merchant's accounts (or wallets) support ILP, we might simply bypass Visa's/Mastercard's network and send TX off the rails (or inter-rails) via ILP. If not debit card will simply fallback to Visa's or Mastercard's network.

This will take some time however because we'll need to have smart enough mobile wallets, merchant solutions (terminals) and ledgers that all supports ILP and GiD (Global iD).

 

Edited by enej
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1 hour ago, cmbartley said:

@enej is the mobile app you speak of MyGlobal ID?

Oh God I hope not!

Most infuriating app I've ever used. 

Can't even sign in. Sure you can sign up. But if you download the app to a new phone, there's no option to sign in. 

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5 hours ago, T8493 said:

 

ILP is not yet standardized. How will they establish interoperability with other entities?

 

:P That is true, but now with current ILP nodes, you can send around IOUs to between trust nodes. But there is no RCL yet. However, It is okay to start with own trust nodes. 

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25 minutes ago, Morty said:

Oh God I hope not!

Most infuriating app I've ever used. 

Can't even sign in. Sure you can sign up. But if you download the app to a new phone, there's no option to sign in. 

Have you downloaded the newest version?I believe it was released yesterday.

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