Stellar's federation system transforms long public key addresses into human-readable names like account*domain.com. BP Ventures explains how smart anchors like Flutterwave and wallets including Lobstr use federation for easier, more accessible payments.
Stellar's federation system, introduced early in the network's history, enables human-readable payment addresses like anthony*tempo.eu.com or account_number.swiftcode*flutterwave.com. BP Ventures explains how this approach is simpler and less expensive than Ethereum's ENS lookup system. Smart anchors like Flutterwave validate bank account numbers and swift codes at the federation endpoint, making payments more accessible. Wallets including Lobstr and others support QR code conversion of Stellar payment URIs, comparable to Bitcoin's BIP 0021 standard. The result: a more intuitive payment experience for SMEs integrating Stellar.
