Australian Developer Working To Bring Cardano To Shopify Stores

By Cristian Lipciuc October 02, 2020 In Blockchain, Cardano, Payments

Shopify stores may soon allow users to pay using Cardano  (ADA) tokens with a new app that removes the need for any third parties in order to pay with cryptocurrency.

Jeronimo Backes – an Australian developer who has invested a fair sum in ADA and is a fan of this cryptocurrency – is working on this app voluntarily.

Removing The Third Party

Although Shopify stores can already accept payments in cryptocurrency, intermediaries – who also take their cut – are needed in order to carry out the transaction.

Backes sees Cardano as the cryptocurrency most likely to make the transition to large-scale enterprises due to its scalability.

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“Unlike others, this one is the one I think is being built to last. It’s not like Ethereum, EOS, Tron, and others who are still in a proof-of-concept phase in relation to large-scale business use-cases.”

The code – available on GitHub for anyone who wants to help – will remain open-source, in a bid to help online stores integrate the new app into their systems.

Any store owners that would like to integrate the app into their ecosystem will only need to select it from the range of payment applications made available to them by the Shopify interface, Backes stated.

 Once integrated, users will be sending funds directly to the store’s private wallets – invisible to anyone except the customer and the online store.

As of 2020, Shopify provides an online store interface to over 1 million businesses operating in over 175 countries, with total gross merchandise volume exceeding US$41.1 billion during the calendar year 2018.

The new Cardano wallet will eventually support plugins, adding extra functionalities such as automatic tax calculations.

Having recently hit a snag in development that forced Backes to build a new wallet from scratch, the Cardano and Shopify integration will be delayed – but should be released before the beginning of 2021.

Cristian Lipciuc
Author

Cristian Lipciuc

Cristian Lipciuc is a blockchain journalist working with startup companies across multiple domains such as freelancing, app development & cryptocurrency. Cristian specializes in applied blockchain technologies, cryptocurrency integration, the adoption of new technologies by governments, and cybersecurity.

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