I am happy to found this protocol. I am currently reading what I can, but I was thinking it could help to accelerate things if I ask directly here
So we are building two products:
A decentralized broker with an underlying protocol that will allow anyone to become liquidity provider/market maker (a kind of interledger for trading, let’s say). Users deposit DAI (for now) in a smartcontract, as collateral, and they can trade on Forex, Stocks, commodities etc. Settlement are instant (whenever a trader wins or looses). The counterparty is always the smartcontract, but in order to avoid any risk, we, as liquidity provider / market maker we manage the counterparty risk by hedging the trades on the real market. So in the future, many other company would be able to provide access to any market as soon as they lock enough collateral to avoid misbehaviour.
A smartcontract-based wallet, personal multisig, which only manage ethereum assets, of course.
The pros of our structure are the fees (smartcontract everywhere) so we will work in the future on layer-2 solutions (this is how I found you by the way) and interoperability of course.
The choice of the smartcontract wallet was led by the wish to have the safest wallet, as well as the easiest to use, since we mainly target a global audience rather than tech savvy users.
In that regard, by the way, the main currency of the wallet would be the DOLLAR (DAI) and the non-stable tokens are shown in another part of the wallet, to clearly show that it is a payment wallet (we want to integrate payment channel that connects our user with a DAI / USD pool, connected to the VISA or MASTERCARD network) which can also help managing a porfolio of volatile tokens
How could Interledger be beneficial for us? To bring more interoperability, scalability, lowest fees, while remaining absolutely non custodial?