Waves Launches Cryptocurrency Payment Gateway Framework

Waves Launches Cryptocurrency Payment Gateway Framework
29.03.2018 09:37 am

Waves Launches Cryptocurrency Payment Gateway Framework

Blockchain

Waves, a leading blockchain-based platform, today announced the launch of its new payment gateway framework for the Waves ecosystem. 

The framework allows developers to quickly and easily deploy gateways to integrate new cryptocurrency coins within their ecosystem. With that, users can then begin trading on the Waves Decentralised Exchanged (DEX).

Digital payment gateways share a universal base structure that is common for all cryptocurrency coins. While developers are often tasked with rebuilding this structure for each gateway introduced on a blockchain ecosystem, the Waves framework provides a ready-to-build structure so developers are only required to provide the top-level code unique to their coin’s blockchain protocol. 

“Gateways have always been a key feature behind the Waves ecosystem,” said Sasha Ivanov, founder & CEO of Waves. “This new framework provides developers with a simple and effective tool to get their payment gateways up and running on Waves, with almost no technical overhead required. It’s our goal to make this process as seamless as possible, helping users bring new coins and liquidity into the DEX and creating a more diverse ecosystem that in turn benefits the wider cryptocurrency community.”

Once introduced, the Waves payment gateways allow users to deposit different currencies and receive dedicated Waves tokens in exchange that are backed 1:1 by funds held securely within the gateway. The tokens can be transferred and traded freely, or sent back to the gateway in return for the funds they represent.

The Waves gateway framework is implemented using Python, designed to further simplify the coding process for developers. Developers are able to integrate new gateways with Python by implementing a special Python application programming interface (API) for their unique coin blockchain, or through standard JSON-RPC, REST or similar APIs

Related News

Nebulas and Egretia Ink Strategic Partnership

Leading public blockchain Nebulas and Egretia, the world's first HTML5 blockchain engine and platform have announced a partnership that will see the two projects collaborate on... Read more »

DasCoin Blockchain Speed Improved By 100%

DasCoin, the Currency of Trust and the store of value within DasEcosystem, has achieved a remarkable milestone by implementing Graphene technology to provide the DasCoin... Read more »

The 2018 CoinsBank Mediterranean Blockchain Cruise

Are you ready for yet another amazing Blockchain Cruise? CoinsBank is proud to present the 3rd edition of the CoinsBank Blockchain Cruise that will be held... Read more »

iMoney Expo, the Must Attend Fintech Gathering in Guangzhou This November

Event: iMoney Expo 2018

Date: November 2-3, 2018

Venue: Guangzhou Baiyun International Convention Center, Guangzhou... Read more »

Blockchain conference in the fintech capital of Europe: Geneva will host the second Blockchain & Bitcoin Conference Switzerland

On October 9, 2018, Blockchain & Bitcoin Conference Switzerland will take place for the second time in Geneva, the European fintech hub... Read more »

Coming back to 18th and 21st-century revolutions. In regards to the Storming of the Bastille and Blockchain & Bitcoin Conference

The Parisian civilian riot exploded on July 12-14, 1789, is famous for its culmination point called the Storming of Bastille that went down in history having crucially changed... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App