My grandmother can understand this protocol. It's discussed in this video from 3:46-5:27. What do you think?
Coalition Including Ripple, GoPay Launches Universal PayID & what is PayID?
Check out the video on this topic:
https://www.youtube.com/watch?v=ZmVQti0lUfQ&feature=youtu.beRipple CEO Brad Garlinghouse says a new payments coalition is squarely focused on making it far easier to send and receive both fiat and cryptocurrency.
Ripple is teaming up with more than 40 finance and tech companies to launch the Open Payments Coalition, a global payments network that allows users to transfer money across any platform using any currency.
The growing consortium aims to implement PayID, an easy-to-read ID that aims to connect over 100 million users. The ID works across multiple payment networks and is designed to allow users to send or receive any currency – whether it be digital or fiat – without the need for banking, routing, or credit card numbers.
Discussion of PayID here:
https://www.youtube.com/watch?v=ZmVQti0lUfQ&feature=youtu.be
