A Ripple executive has unveiled a payments platform based on XRP that will work in popular web browsers.
- Payburner, a personal project of Dewitt's, is a non-custodial XRP wallet designed to operate as a plug-in within the Chrome and Brave web browsers.
- DeWitt told CoinDesk in direct messages the plug-in is an example of a "growing XRP ecosystem" that leverages Xpring.
- Xpring is a Ripple project that provides tools and funding for developers and startups working with XRP.
- Payburner, currently in beta release, allows users to send and receive payments worldwide and instantaneously, Dewitt said.
- The beta version builds on an earlier Payburner plug-in by integrating PayID, an identifier for payments used by entities such as banks.
- Payment requests with encrypted peer-to-peer (P2P) messaging and PayID network searches are some of the new features in the beta release.
- DeWitt said Payburner is expected to make a profit by charging a 1% merchant fee on XRP e-commerce sales.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.