ILF Community Call - 8th February 2023

ILF Community Call - 8th February 2023

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Episode description

Below is a recap of our 8th February 2023 Interledger Community Call with meeting minutes. For those new to our community, ILF stands for Interledger Foundation. We are a community of technologists, digital creatives, researchers, entrepreneurs, and educators working to build new pathways to financial inclusion and equity through digital transactions. 00:00 == Welcome & Intro ==

00:25 == Community calls: ==

  • Chris is joining Vineel, facilitating community calls
  • Contact Vineel at interledger dot org or Chris at interledger dot org or via Slack with content/features you’d like to see.

02:10 == ILF update ==

  • ILF is independent and always has been.
  • Coil was built on an Interledger Protocol open standard which means as a community, we can build on it going forward. -Share ideas, thoughts, and feedback in the community space, where updates will be posted.
  • Town Hall event 9th Feb

04:24 == Web Monetization standard ==

06:45 == Fynbos ==

  • ILF and Fynbos are excited to finalize a deal to subsidize early scale-up and user adoption rates.
  • In the early stages, the Fynbos wallet will be free to sign up, withdraw and send payments.
  • Full compliance audits across all US states and sign-up emails are being sent to the waiting list.
  • Conversations happening with multiple jurisdictions with the UK and Europe as a priority.
  • Fynbos is already working on a web monetization feature through business account creation and has a flow of funds vetted already.
  • Watch out for the blog post with full details of the ILF & Fynbos partnership coming soon.

19:53 == Rafiki ==

  • Working on an interim alternate for Tigerbeetle as Tigerbeetle won’t be production ready for approx 6 months.
  • Capabilities are being added to Rafiki for accounting in the meantime.
  • Rafiki infrastructure and knowledge transfer are in the process of being transferred to ILF.

21: 38 == Testnet : Rafiki playground ==

  • It will be easier for people to develop with Rafiki and test integrations through a publicly available test network.
  • Open payment APIs allow developers to build applications on top of it.
  • Rafiki users can connect, peer, and send play money transactions to develop and integrate simultaneously.
  • Auto-peering will be available. If required, manual peering can be done while this is in development.
  • The User interface is being designed by Madalina.
  • MVP beta test net ready approx March
  • View the full presentation deck here

44:50 == Grants ==

  • Grant opportunities coming out through the year
  • Grant CFP coming in a couple of weeks
  • More grants in ’23 than in ’22
  • Watch out for updates on the latest grants in the community space (https://community.interledger.org/)