Join us on Chainlink Live for a video Q&A with Cardstack. We cover their Card Pay SaaS product, the challenges of bridging crypto and traditional payments, and how using Chainlink oracles for asset prices secures user and merchant funds.
Featuring: Chris Tse, Founding Director and Product Lead at Cardstack
Watch live on Chainlink YouTube: https://www.youtube.com/c/ChainlinkOfficial/videos
Cardstack Twitter: https://twitter.com/cardstack
Cardstack Blog: https://medium.com/cardstack
Cardstack Github: https://github.com/cardstack/cardstack
Cardstack Discord: https://discord.com/invite/Vw3Eyjv
Cardstack Telegram: https://telegram.me/cardstack
Cardstack will use Chainlink Price Feeds to establish accurate and tamper-proof exchange rates on the platform. Exchange rates are extremely important in payment use cases, as they ensure that customers and merchants are able to find a path from the token the customer holds to the currencies the merchant accepts. The Chainlink oracle network provides many types of exchange rates—from native tokens like ETH to stablecoins like DAI and fiat currencies like USD, as well as emerging community and governance tokens. Used in conjunction with decentralized exchanges like Uniswap, Chainlink enables Cardstack to provide seamless one-click payments from the customer’s wallet. The latest Chainlink price feed update will be used to calculate the right amount of tokens to transfer from the customer to the merchant, without requiring a separate step to swap before the payment can be processed.