Developers of the Chromium project have announced plans to implement support for Web Monetization technology in the browser, allowing site owners to automatically receive micropayments for viewing their content. The technology is expected to be used for monetizing websites instead of displaying ads, serving as a form of online tips or providing selective paid access to content without requiring a subscription. The first prototype of the Web Monetization implementation is planned to be included in Chromе 127, scheduled for release on July 23.
Through the Web Monetization API, web pages can inform the browser about accepting payments in a passive mode that does not require prompting for payment. This technology is convenient for users as it does not distract them during their activities, allows payments solely for the content viewed, and does not adhere to a minimum payment amount (i.e., instead of a total subscription that cannot be less than a certain amount, usually 2-5 dollars, access can be paid granularly with microscopic amounts not supported by typical processing systems).
For instance, websites utilizing Web Monetization can grant access to all paid content as soon as a user agrees to the terms without requiring prepayment. After a user watches a paid video, for example, the browser will automatically initiate a payment micropayment transaction without distracting the user. Another example of using Web Monetization is organizing voluntary donations for valuable content — if a user wishes to support certain sites, they can set up automatic small payments to the resource owner for each visit to the site.
In the simplest case, to enable Web Monetization on a website, you just need to add a 'link' element with the property 'rel="monetization"' and specify a link to your wallet for receiving transfers. The user only needs to set up their wallet for that site, after which the browser will automatically start making transfers as designated by the user. Web Monetization does not allow the site to set the payment amount but only provides the means to declare readiness to accept payments. The payment amount, frequency of payments, and the very possibility of payment for a particular site are determined by the user.
With Web Monetization, any wallets compatible with the Open Payments API can be used (supported by wallets from various financial services like Gatehub and Fynbos). Micropayments utilize the Interledger Protocol (ILP). Access to the wallet is provided through the GNAP (Grant Negotiation and Authorization Protocol), enabling the wallet owner to precisely manage the permissions granted to applications working with the wallet.
Source: opennet.ru
