Inspiration
Real-time payments combine speed, data and communication in order to execute a payment in a matter of seconds. They grant users immediate access to their funds and instant confirmation of their transaction while providing near instantaneous settlement finality.
What it does
live streaming payments using Universal ID via the users' browser of their choice Overview https://docs.google.com/presentation/d/1dKCVi5jEXsLNOiOPV6QvdVNI30pfi0qOw2t1tgv66HA/edit?usp=sharing
How we built it
This is work in progress, This is a demo and is not intended for production. Some APIs may change without notice. The code is proof of concept and is share here https://github.com/smbale/indalama
Challenges we ran into
Can’t send or receive money with an app due to regulatory issues. We had to link the app to existing exchanges and banks. The app does not store any assets but acts as frictionless channel for secure streaming payments You can only send money with an app in the US. The following Google apps no longer support sending, requesting, or receiving money:
Assistant
Gmail
Contacts
Android Messages or iMessages
Connecting Google Pay to PayID is currently not available UPDATE: https://xrprightnow.com/ripple-partner-nium-integrates-with-google-pay-visa/
Accomplishments that we're proud of
payid generator was developed with internal GSuite For Business Appscripts https://ripple-fintech.appspot.com/ Authentication is verified via GSuite for https://mpelembe.net At the moment we are only accepting internal accounts for testing
What we learned
money transfer should be free and fast but requires high level of security an app is simply a community tool that can be improved by collaboration
What's next for indalama
Meeting Security, Authentication and Accessibility standards required by Google Play and Apple Store
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