It turned out that the world’s largest web encyclopedia · Wikipedia started trialing the monetization service “Coil (coil)” adopting the Interledger protocol.
Users can easily subscribe (donate) to Wikipedia easily from credit cards etc. by simply installing the browser extension function of the service.
Subscription fee is fixed at 5 dollars per month , settlement is done in XRP via Interledger protocol, it is supposed to be able to donate to Wikipedia in fact by XRP .
Coil is a project established by Stefan Thomas, former CTO of Ripple, after resigning from the same job, and it is said that it is possible to monetize using this service even on websites such as YouTube and Twitch at this time.
The project has already released Google Chrome extensions for the general public, so that anyone can use it.
Ripple (ripple) Former CTO ‘s new project’ Coil ‘starts the closed beta test
Ripple chief technology officer resigns and develops a new service “Coil”
Article Source: Wikipedia To Test Web Monetization Using Coil And XRP
Author: Yuya 【Coin Desk News】 – Source Post: https://crypto-times.jp/wikipedia-to-test-coil/
Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for informational purposes only. We are not an investment advisor and do not provide financial advice.
It’s also important to it properly to diligence and analysis, including consulting a professional financial advisor, No content on Coin News Desk makes up a recommendation to enter in any type of investment or to engage in any investment strategy present on this website.