Immutable launches decentralized blockchain payment solution for digital goods

Immutable has introduced a new payment solution for decentralized games and the Web3 market. Reports say the blockchain gaming firm’s new scheme promises to make payments more seamless and easy. The consensus is that the solution, called Immutable Checkout, will also revolutionize online transactions involving digital goods. This will happen because the Immutable payment solution’s decentralized infrastructure can manage all payment processes powered by blockchain technology.

Built on the Ethereum blockchain, Immutable Checkout caters to the sale and purchase of digital products such as in-game items and non-fungible tokens (NFT). The payment processing system deploys smart contracts to automatically execute payments, thereby eliminating the need for intermediaries such as banks.

The widespread appeal of Immutable’s new payment solution

As an all-in-one transaction infrastructure, Immutable Checkout allows users to add funds and instantly buy or exchange assets. In addition, the complete payment solution also facilitates the integration of several payment methods to increase user conversions. According to the official website, Immutable Checkout ensures that the coverage community is always ready for transactions. The decentralized payment solution has an easy integration and configurable interface that enables users to launch games or marketplaces faster.

Immutable already has strategic alliances with leading blockchain, gaming and NFT players. These include broad based network Polygon, leading NFT marketplace OpenSea and mainstream game developers Square Enix, Unity and GameStop. With the use of Immutable Checkout, the general assumption is that the solution will improve these partners’ customer experiences and payment procedures.

However, Immutable Checkout is not exclusive to the mainstream and decentralized gaming industry. According to reports, other digital marketplaces or platforms may utilize the innovative system amidst the development of blockchain technology. Furthermore, observers believe that Immutable Checkout is on its way to becoming more entrenched in the e-commerce world.

Immutable offers

In addition to its new payment solution, Immutable has several other thematic decentralized products and services. These include “Passport”, a non-custodial wallet and authentication solution that facilitates user onboarding via seamless login, and “Mint”, an NFT coin service. Immutable also offers “Trade”, a reliable NFT trade facilitator, and “Blockchain Data APIs” that help developers build appealing Web3 games. The immutable Blockchain Data APIs are robust and scalable, equipping these developers with the necessary resources to create the games.

Immutable also has two foundations, namely SDKs and Developer Hub. The company claims that its SDKs provide access to the APIs and smart contracts to leverage the Web3 infrastructure seamlessly from custom development environments. On the Developer Hub foundation, a product description on the site reads:

“The Immutable DevHub allows you to start and manage your projects in one place. From launching collections to performance analysis, from access management to personalized guides, DevHub puts you in control.”

Finally, Immutable offers a couple of rollups: Immutable zkEVM (EVM ZK rollup for games) and Immutable X (Optimized game-specific ZK rollup). Immutable zkEVM is a first-of-its-kind chain that offers EVM compatibility, massive scale, low cost, and Ethereum security. Meanwhile, Immutable X caters to games that prioritize Ethereum-based high performance and lower costs over advanced Web3 game mechanics.

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