Cardano developer made a statement about important developments for ADA payments.
The team behind the Cardano ecosystem plans to release a software toolkit later this month that will allow developers to deploy custom-built sidechains on Cardano aimed at improving the ecosystem. It also plans to innovate for ADA payments.
Innovations on the Way for Cardano Payments
Cardano crypto ecosystem contributor and developer Adam Dean explained the details of the work on the CIP-30.
The Cardano improvement proposal is necessary to bring web page interaction functionality to Cardano-based hot wallets and bridge the gap between crypto-asset storage and decentralized applications. Among other things, this wallet is Cardano Mercury, a direct payment gateway between consumer and seller for WooCommerce, the largest e-commerce web platform.
As Dean points out, big work is on the way, so perhaps soon CIP-30 will be enabled and wallet users supporting the optimization will be able to pay with ADA for goods and services offered in WooCommerce.
The developer also gave some more information about the mechanism. So, if you are a seller, all you have to do is set the prices in fiat and then the payments will be automatically deposited into ADA, which will come to your wallet. However, if you are a buyer and want to pay in ADA, the conversion will be reversed at the seller’s option.
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