Interledger to Connect BTC, ETH, XRP to Transact without Specific Wallets/Exchanges

News
Wed, 10/10/2018 - 12:44
Yuri Molchan
The primary goal of the Interledger project is to enable its customers to exchange crypto of any platform without having to set up a lot of wallets for different coins
Cover image via U.Today

The primary goal of the Interledger project is to enable its customers to exchange crypto of any platform without having to set up a lot of wallets for different coins.

Initially, Interledger was meant to be a universal platform for smart contracts (SC). The so-called Connectors would help users to use a SC made with Ethereum on any other Blockchain. This feature, the creators believe, will allow customers to convert coins by the same principle that P2P exchanges use. Thus, any sender of ETH will be able to transact it to an XRP wallet with no trouble.

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today, can be contacted at yuri.molchan@u.today.

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