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  1. Categories
  2. DApps
  3. Payments & Accounting
  4. Veralidity

Veralidity

Veralidity lets Adobe Commerce and Magento merchants accept ADA and USDM at checkout, and turn gift cards or coupons into NFTs customers hold in a wallet.

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Overview

Veralidity is a crypto checkout plug-in that lets online stores accept payments in digital currency. You install it into an existing Adobe Commerce or Magento Open Source storefront, and a new payment option appears next to card and PayPal at checkout. Shoppers can pay with ADA or with USDM, a digital dollar issued on Cardano1.

The plug-in is built by Veralidity, an Adobe Solutions Partner whose founder was the technical reviewer for Packt Publishing's Magento 2 Developer's Guide. A separate Veralidity product called Verified Coupons turns discount codes into NFTs that customers hold in a wallet, with redemption checks handled by Charli3 oracles2.

Key Features

  • Crypto checkout button for Magento stores. Veralidity adds a Cardano payment option to the checkout page of any Adobe Commerce or Magento Open Source store. Cart totals convert to the right ADA amount in real time using rates from CoinGecko, so customers pay the correct amount even when ADA's price moves1.
  • Dollar-stable payments through USDM. Merchants can accept USDM, a stablecoin from Mehen that is pegged to the US dollar and issued on Cardano. Prices stay in familiar dollar terms while the payment settles on-chain, which protects both sides from cryptocurrency price swings1.
  • Gift cards and coupons as NFTs. Discount coupons and gift cards can be minted as NFTs that live in the shopper's wallet rather than an email inbox. Verified Coupons uses Charli3 oracles, a service that feeds verified outside data onto the blockchain, to check redemptions at the till2.
  • Anonymous shopping through single sign-on. A Catalyst-funded proposal extends the plug-in with encrypted single sign-on, letting shoppers buy across participating storefronts without handing over their personal account details to each store3.
  • Products listed as NFTs. Merchants can mint physical or digital products as NFTs on Cardano, giving each item a verifiable on-chain record alongside its normal listing in the Magento catalog1.

What to Expect

For a store owner, setting up Veralidity feels like installing any other Magento extension. You drop the module into your Adobe Commerce or Magento Open Source instance, configure the payment method, and a Cardano option starts appearing at checkout. The Veralidity team also offers paid setup and custom-integration work for merchants who would rather hand the technical side off to specialists.

For a shopper, the checkout looks familiar. Pick a payment method, confirm the amount, complete the purchase. The new part is the option to pay with ADA or USDM from a Cardano wallet, and the chance to receive coupons or proof-of-purchase tokens as NFTs instead of plain email codes.

For developers and researchers, most of the public detail sits in three Project Catalyst proposals across Funds 10 and 11. These cover the core Magento integration, Aiken gift cards (Aiken is a programming language used to write smart contracts on Cardano), and the encrypted single sign-on work3. Veralidity does not run a separate documentation portal, so the team's GitHub organization and the Catalyst proposals are where to look first.

Footnotes

  1. Veralidity: Digital Commerce Innovations ↩ ↩2 ↩3 ↩4

  2. Verified Coupons by Veralidity ↩ ↩2

  3. Veralidity Fund 11: Aiken Gift Cards for Adobe Commerce ↩ ↩2

Frequently Asked Questions

Information

  • Website Linkhttps://veralidity.com/
  • X (Twitter)x.com/veralidity
  • Blogmedium.com/@veralidity
  • Team on GitHubgithub.com/veralidity
  • Open Source Linkgithub.com/veralidity/WalletBridge

Category

  • Payments & Accounting

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