3 posts tagged with "payment"

For the February Spotlight Article, we interviewed Shahaf, one of the founders and CEO at COTI. COTI is an enterprise-grade fintech platform that empowers organizations to build their payment solution and digitize any currency to save time and money.

Hey Shahaf! Happy to connect today and learn more about the COTI project! Can you tell us more about the project and the problem you were addressing?

Thanks for having me! In a nutshell, COTI is a financial technology company that uses the blockchain to solve traditional banking problems. COTI’s goal is to meet the challenges of both centralized and decentralized finance (DeFi) such as fees, latency, global inclusion, risk, clogging, and complexity.

COTI will solve these challenges by introducing a new type of DAG-based base protocol and infrastructure that is scalable, fast, private, inclusive, low cost, and optimized for finance.

For the September edition of the Developer Spotlight article, we will interview Kate, the senior marketing manager at NOWPayments.

Hey Kate! Happy to connect today and learn more about the NOWPayments project! Can you tell us more about the project and what is the problem that you were addressing?

Hi, happy to answer your questions!

NOWPayments was founded in 2019 by the team behind ChangeNOW, a leading crypto exchange service. NOWPayments remains close partners with ChangeNOW but is fully independent and has its own team.

The idea of NOWPayments was to help spread mass adoption by making it easy to use crypto daily. The challenges merchants face when deciding if they should accept crypto are:

• Volatility.
• Lack of knowledge about crypto basics.
• Lack of means to accept on popular e-commerce platforms.
• The need to withdraw to fiat.

We try to help solve each of these by offering a fixed-rate option and supporting conversion to stablecoins. In addition, we continue developing plugins that can be integrated with major e-commerce platforms. We also have a fiat conversion option, although we hope it won’t be needed in the future if everyone can use crypto everywhere. That is why we are targeting all industries: e-commerce, services, traveling, gaming, tech, etc. Crypto is ubiquitous.

For the August edition of the Developer Spotlight article, we will interview Adam Dean, the primary developer of Mercury for WooCommerce.

Hey Adam! Happy to connect today and learn more about the Mercury for WooCommerce project! Can you tell us more about the project and what is the problem that you were addressing?

With Cardano Mercury for WooCommerce, my goal was to make a simple and accessible solution to bridge traditional e-commerce with the Cardano Blockchain. WooCommerce is one of the largest open-source e-commerce platforms in the industry. So it was only natural to create a similarly open-source, fee-free payment gateway to bridge Cardano to WooCommerce. One of the most significant barriers to entry in the cryptocurrency industry is the need to trade back and forth between fiat and crypto. Mercury aims to eliminate that friction point by allowing merchants and shoppers to transact directly with one another with the currency of the future.