Coini allows any merchant to start accepting cryptocurrency payments. We have developed an infrastructure that allows us to integrate with any sales channel through our API, mobile apps, plugins and customized payment link. To date we are integrated with Ethereum, Arbitrum, Optimisim, Polygon and BNB Chain networks. We support payments in stable cryptocurrencies such as DAI, Tether and USDC.

We have more than 50 affiliated merchants in Peru, from the largest Edtechs in the country to stores selling handicrafts in the Andes. You can see more about us and our clients here: https://www.coini.app

Education and Social Impact

As part of our work we not only seek to include new payment methods for merchants but also to educate about the benefits of accepting payments with cryptocurrencies or how cryptocurrencies can represent an alternative to traditional finance.

We have been running education campaigns for artisans in the Sacred Valley of Cusco, the land of the Incas, so that they can sell their products through cryptocurrencies while learning more about the Decentralized Finance ecosystem.

To date we have impacted more than 25 artisans in the Pisac area who already know about crypto, DeFi and the benefits of this technology.

Proposal

An identified problem is that commerce needs to receive payments in a stable way, it cannot be affected by the volatility of some cryptocurrencies. In that line we seek to receive payments in any cryptocurrency and deliver the final value in a stable cryptocurrency or the cryptocurrency that the merchant decides.

For that we seek to perform the orchestration of payments with cryptocurrencies, we will seek to integrate the 1Inch API to be able to always make this exchange of volatile token to a stable cryptocurrency or between stable cryptocurrencies themselves. You can see a representation of our proposal here:

Milestones:

Milestones:

• First Milestone: Integrate the 1inch API in our app móvil POS (Android & iOS). Testing and Deploy.
• Second Milestone: Onboard at least 30 new artisan businesses in the Sacred Valley area of Cusco and Teach them about blockchain, crypto payments and DeFi.