Let the good times roll. October 1st, 2019 and COIL is at it again. Today we get news of a new partnership. Coil has partnered with Gathub to provide its users with a new inter ledger based deposit method.
For those of you who do not know who GateHub is we got you covered. GateHub is a Bitcoin, Ripple, Ethereum, Ethereum Classic, and Augur wallet. It is especially focused on XRP. Ripple is used by GateHub for trading and moving money across the Ripple network. However, it is business independent from Ripple. All digital GateHub coins can be traded against the USD, EUR, and some other fiat currencies. Apart from that, GateHub offers the coin-to-coin trading option. GateHub is a platform for the Internet of Value, built on XRP Ledger protocol. It allows everyone to send, receive, trade and manage any type of assets.
This partnership will enable content creators to monetize their websites and get paid in real-time. GateHub is the newest supporter of web monetization and sees where the future.
GateHub CEO States:
“Money streaming is here! With a bright future ahead for Web Monetization and a growing interest in the Interledger Protocol, we are writing a new chapter with Coil. This is the start of a great partnership. Together we will bring this technology to a broader audience.
Coil uses Web Monetization, a proposed open web standard built on the Interledger that enables streaming micropayments in any currency. The platform supports creators, including writers and journalists, video creators, podcasters, streamers, musicians, photographers, and artists.
This is another massive step for COIL as they keep leading the charge in micropayments/web monetization.