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XRP Ledger Transactions Can Now Be Initiated Offline: What Is xPoP?

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Wed, 6/10/2021 - 12:34
XRP Ledger Transactions Can Now Be Initiated Offline: What Is xPoP?
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Developers of XRP Ledger Labs, a software studio that addresses XRPL-based digital payments solutions, demonstrated the concept of their offline instrument for XRP transactions based on QR-codes.

No Internet needed for XRPL transfers

According to a presentation demonstrated by XRPL Labs at Apex Developer Summit in Tallin, its team created a viable prototype of the system that allows users to initiate XRP transfers offline.

XRP Ledger's Proof of Payments protocol (xPoP) can be utilized by a variety of devices that are not connected to the Internet 24/7. For instance, it is compatible with vending machines and public transport.

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A device with xPoP integrated issues a QR-code on its display or on paper, while the holder of XRPL-based assets can repay it in an instant decentralized manner.

XRPL Labs representatives are sure that this innovation can give a proper spin to XRPL retail adoption's flywheel:

As XRPL Labs aims to solve the "chicken/egg problem", we started with 100% focus at end users & the ecosystem. We feel that it's time to start focussing on retail as well. xPoP is one of the useful developments for future retail adoption, and so: for the entire ecosystem.

xPoP public beta is on its way to release

XRPL Labs added that xPoP's intellectual property belongs to the XRP Ledger Foundation, a non-profit that coordinates community-driven initiatives from the XRP community.

Thus, the source code for the new instrument will be published once its "public beta" version is ready for open testing.

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Addressing massive retail adoption, XRPL developers are going to release "Lite Accounts," a specific type of XRPL address that can be activated with 1 XRP only.

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