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.
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.
Source: U.Today
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