Settle

While cryptocurrencies are maintained by distributed ledgers with no central authority, their trust graph is still fully centralized: everyone has to trust the currency that powers the blockchain (BTC, ETH, XLM…). Settle’s goal is to explore a new financial trust primitive, and doing so, construct a decentralized trust graph enabling (totally) free exchange of value without relying on a blockchain, making it particularly adapted to machine-to-machine transactions. The Settle transaction protocol allows users to safely transfer value along pre-expressed trust paths (see Mint documentation). Similarly to email, users register on a “mint”: a server of their choice (possibly their own) that manage the assets they issue as well as the trust they express towards assets in the network. Settle distributes a command line utility, settle, to interact with mints. It lets you register on a publicly available mint (or login on a mint of your choice), create assets, express trust between your ass