Commerce Integration involves connecting various systems and platforms to enable smooth business transactions and data exchange. In the digital asset space, this specifically relates to enabling cryptocurrencies and blockchain technology within retail and online commerce systems. It allows for digital asset payments, supply chain tracking, and other blockchain-enabled business processes.
Context
The growth of commerce integration with digital assets is a key indicator of mainstream adoption for cryptocurrencies. Current discussions address the technical hurdles of transaction speed and scalability, along with user experience improvements. Future developments will likely involve more widespread payment gateways supporting various digital assets and deeper integration of blockchain for supply chain transparency and authenticity verification.
The integration delivers immediate on-chain settlement capabilities, reducing intermediary costs and providing a new, resilient payment rail for over four million commerce endpoints.
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