The Interledger Protocol (ILP) is designed to seamlessly transfer funds across different payment networks by breaking down transactions into smaller, manageable packets, each carrying a specific value.

This innovative protocol is engineered to foster direct payments across various financial ecosystems, enhancing interoperability and efficiency.

By enabling the integration of ledgers from multiple institutions, ILP significantly streamlines the process of inter-bank transactions, effectively reducing both processing times and associated costs.

Functioning similarly to how the internet routes information, the Interledger operates through a network of computers, facilitating the efficient transfer of value across diverse payment systems, thereby marking a significant step forward in the quest for a more interconnected and efficient global financial infrastructure.