ILF Community Call - 8th February 2023

ILF Community Call - 8th February 2023

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: https://community.interledger.org/interledger/changes-to-the-web-monetization-ecosystem-discussion-post-1emc 04:24 == Web Monetization standard == – Intense work has happened on the stack. – The Google team is happy with the latest changes. – The specification is part of the standardization process at the W3C. Here’s the preview of the recent changes: https://webmonetization-preview.netlify.app/specification.html 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 – https://github.com/interledger/testnet – View the full presentation deck here: https://drive.google.com/file/d/1mbsXg951rHfKnYQ4crrtr_A_2aVlyivM/view?usp=share_link 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/)