CornerMarket Weekly Tech Dev Report

CornerMarket is a Web3 marketplace built on BNB Chain and Polygon, designed to provide crypto payment solutions for local merchants and their customers. Our goal is to bring real-world use cases into web3 and drive mass adoption.

In this blog, we share our latest progress and milestones.

Milestones Achieved

• XRP Integration to Expand Payment Choices

CornerMarket has integrated XRP, the renowned digital asset developed by Ripple, as a payment method in the app! This integration enables customers to use their XRP to purchase deals from local merchants easily. Integrating XRP delivers more flexibility and convenience for our users while advancing our goal of leveraging crypto to benefit local communities.

Download the CornerMarket app to experience fast, seamless XRP payments today!

• CBDC Demo Product

CornerMarket demonstrated CBDC adoption by integrating with the XRP Ledger, enabling merchants to soon accept XRP and CBDCs as payment. Users will be able to use CBDC to purchase deals while merchants get paid out in CBDC. This establishes CornerMarket at the forefront of emerging digital finance. We’ve opened doors to more user adoption and real-world utility.

• CornerMarket at Cripto Latin Fest

CornerMarket sponsored Cripto Latin Fest, the largest blockchain event in Latin America. During the festival, we onboarded over 30 local merchants in Bogota onto our platform. These businesses now accept USDT payments through CornerMarket. To encourage adoption, we’re giving users a $2 USDT bonus for shopping at Bogota merchants after downloading our app.

Looking Ahead

As we gaze into the future, we’re driven by our shared vision of helping small thrive and saving costs for consumers through Web3 technology. Our next steps are to introduce more exciting features and expand our ecosystem and strategic partnerships that will extend the reach of CornerMarket.