Cardano Launches ADA Pay Plugin with Odoo

Cardano has managed to attract many new developers

The latest of these projects is the ADA Pay Plugin being integrated with Odoo (On Demand Open Object) — a business payments solution platform with over 7 million users.

This article was originally published on CryptoEQ

What is Odoo?
Odoo is an open-source business solutions company, offering software suites to businesses to optimize certain practices like point-of-sales (POS), accounting, invoicing, and more.

The point of interest for Cardano is on the e-commerce & purchase side of operations, where Odoo will now offer businesses the ability to transact in ADA. Odoo offers services to over 7 million users. These users include start-ups, medium businesses, and even large corporations.

The ADA Pay Plugin will be a formal payment system for businesses, allowing retailers to accept ADA as payment and process transactions. Previous engagements allowed Cardano to expand ADA payments to major digital commerce solutions like WooCommerce or WordPress. The partnership is also tied into Cardano’s relationship with COTI — a payment gateway provider within the Cardano ecosystem.

Why this ADA Pay Plugin Matters
The Cardano blockchain network has taken a big step forward with the introduction of ADA Pay, something that finally begins to address the global adoption of blockchain settlement layers. ADA Pay comes with its own user interface, giving users an all-in-one payment settlement application. This UI is operated with COTI’s payment technology and makes transactions highly efficient and easy to track.

What is Next for Cardano and ADA?
With its new influx of builders and developers, Cardano has managed to streamline multiple projects at once over the past several weeks. This optimization includes developments in many key areas such as:

Smart contract technologies
Wallet integrations
Governance
Native applications