Decentralized payment network based on Ripple and Ethereum network
Trustlines Foundation is building Trustlines Network, a Ripple-based idea built on the Ethereum blockchain which allows users to access permissionless mobile payments network based on decentralized money. According to Crunchbase, Project Lead Gustav Friis is the one who leads the development of the project. The goal of the project and the company is to develop an ecosystem where financial & economic inclusion of all people existed through decentralized and open source systems. The protocol is developed to support a range of use cases utilizing the network of mutual trust, while at the same time trust-based relationships are mapped into trustless infrastructure. The Trustlines Protocol stated that the goal is to provide the service of “transfer of value” without actually transferring value.