Introduction
Currency is a medium of exchange for goods and services.
A Decentralized Payment Gateway on Base
In today's rapidly evolving digital economy, the demand for a robust, secure, and versatile payment gateway is paramount. Our solution, unFederal Reserve, leverages the Base blockchain to offer seamless payment processing capabilities, akin to Stripe, but with enhanced features and the ability to accept any token on the Base blockchain.
Satoshi Nakamoto created Bitcoin to be a form of cash that could be sent peer-to-peer without the need for a central bank or other authority to operate and maintain the ledger, much like how physical cash can be used. The theory was ideal, but the technology was not yet up to speed to make that a realistic option. Whether it be fees or integrations, the ability to transact frictionlessly was quite a ways out.
Now, with the advancements of Layer 2 solutions and Coinbase deploying Base as part of the super chain, it is not only feasible to build a decentralized version of "Stripe" or "PayPal," but it could also be beneficial in advancing the usability of crypto even closer in line with Nakamoto's original vision. We are providing nothing more than a gateway that would allow any e-commerce vendor to be their own bank.
This documentation might possibly be painfully dull and long. If you do not want to read any further, then:
TL;DR: We are going to build a payment gateway on Base that allows merchants to accept any coin on Base as a means of payment.
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