It Will Reach The Masses: 7 Million Companies Will Now Accept This Altcoin!

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  • With the integration of COTI’s ADA Pay gateway solution into the Odoo platform, businesses can now Cardano (ADA) can accept.

By the COTI Network team shared ADA Pay add-on odooIt has been successfully integrated into . This move will enable more than seven million small and medium-sized businesses to accept Cardano as a form of payment.

According to a recent announcement, this move was made by Rodolfo Miranda, one of the winners of COTI’s Project Catalyst platform, which has integrated the ADA Pay plugin into Odoo.

Also known as On-Demand Open Object odoois an open source business application solution serving over 7 million customers, including large organizations and start-ups.

COTI noted that the ADA payment service is built on the Cardano blockchain and is mainly developed for businesses that want to accept Cardano as a form of payment. Thanks to this development, it will now be possible to make instant payments.

COTI Project Catalyst Challenge

Project Catalyst Explaining the details of the struggle, COTI stated that different teams have been invited to develop an ADA Pay add-on solution that can be integrated into various e-commerce platforms.

Of the 16 applications received, five were funded with the goal of delivering the ADA Pay add-on solution for the Odoo platform. Randolfo Miranda, the winner of the project and integrating the plugin into the Odoo platform, said:

“Delivering this project couldn’t be easier. ADA Pay API It definitely simplifies the development process. Not only is the data well documented, but the COTI team supports us with all our questions and concerns. I really appreciate COTI’s professionalism and dedication.”

ADA Pay adoption is growing

Surprisingly, adoption of the ADA Pay solution has grown tremendously over the past few months, making it more popular as a form of payment. Cardano (ADA) indicates a growing interest in acceptance.

Last month, Wolfram Blockchain Labs also launched non-fungible token sales. ADA Pay reported that he had adopted the payment service.

NFT Innovation Projects Product Owner Greta Gawianski, “We are working on developing different solutions to support and improve NFTs in Cardano and this collaboration with COTI is critical to bring this product to life” said.

Flint Wallet is now available on IOS and Android

According to the latest shared updates, a first web extension, Flint Wallet, has released both iOS and Android apps, making it possible for users to use it on both the web and mobile phones.

Allowing users to manage and send assets on the Cardano blockchain, Flint Wallet is also designed to work with other blockchains such as Algorand, Solana, and Ethereum.

Cardano’s ecosystem continues to witness fairly consistent growth lately. Currently, 1,029 projects are being built on Cardano, while the number of recently launched projects on the blockchain is 90. The number of NFT projects is 5,868 platforms, and the number of Cardano native tokens is 5.4 million. However, despite these developments ADA price continues to fall. At the time of publication, ADA is trading at $0.43, down nearly 3 percent, according to data from CoinMarketCap.

However ADA priceDespite the recession in crypto whales The token continues to accumulate heavily, and ADA is among the top 10 assets purchased among the 4,000 largest BSC whales in the last 24 hours.

You can check the price movements here.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.


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