This proposal aims to create a Payment Gateway Plugin for Merchants on WooCommerce to accept SmartCash. BuiltWith reports that in January 2019, a total of 2,906,789 websites use WooCommerce. The integration will help to bring the network effects of WooCommerce merchants and customers to SMARTCash.
The current 2019 market share for WooCommerce is 22% of the top 1 million sites using eCommerce technologies.
Already there are a lot of payment gateway plugins available for cryptocurrencies. But most of those Plugins simply display Merchant’s wallet Public addresses to transact a payment which makes it difficult for the Merchants to uniquely identify different transactions.
Therefore we are creating a completely decentralized way for Merchants on WooCommerce to accept SmartCash on a newly generated unused address for each transaction with the help of Master Extended Public Key(xPub).
Flow chart of the entire workflow: https://imgur.com/a/TlnnUxu
A plugin hosted on the WordPress Free Plugin Repository with the following features:
All code will be open source under MIT license.
Based on the lessons learnt while developing this proposal and the impact of the plugin after we ship, we plan to ship integrations for the next biggest e-commerce platforms like Spotify & Magneto.
Sahil, a software developer @ The Vantage Project will be developing the project full time.
Prastut, currently a partner @ The Vantage Project, comes from a UX, product management & full stack background.
|Date||Amount (US$)||Amount (Σ)||Description||Status|
|September 17, 2019||600.00||1,129,390.51 *||For the research done before submitting the proposal + kickstarting the project.||-|
|October 16, 2019||3,000.00||5,646,952.53 *||After completion of the Project.||-|
|Address||Voting Power||Vote||Is Valid|
|2019-09-02 15:47:34||Proposal created. Waiting for approval.||-|
|2019-09-03 15:02:57||Open voting. Deadline up to 2019-09-17 15:02:57. (Discord Andrew)||-|
|2019-09-16 15:05:38||Last 24 hours of the vote.||Σ 11452777.10120||Σ 20329111.37059|
|2019-09-17 15:05:38||Voting closed. Status: Not Funded.||-|