This is pretty cool my biggest problem with micropayments is friction when browsing and friction for managing subscriptions. Integrating it into the browser should make it much more automatic.<p>It’s kind of a chicken and egg problem where publishers wont benefit until readers have it and vice versa. I hope this grant results in a killer app that generates some critical mass for the standard.<p>The founder of Coil is from Ripple cryptocurrency. For more information check out <a href="http://coil.com" rel="nofollow">http://coil.com</a> and the payment request standard here <a href="http://www.w3.org/TR/payment-request/" rel="nofollow">http://www.w3.org/TR/payment-request/</a>