Shopify introduces a set of tools for blockchain commerce for stores

by Feb 12, 2023CryptoNews0 comments

Shopify: The “tokengating” tools now allow NFT merchants to specify which token holders can and cannot access restricted goods, NFT drops, and rewards.

Crypto-friendly e-commerce giant Shopify has released a set of blockchain commerce tools to improve the user experience of its Web3-focused businesses hosted on the platform.

On February 9, the Shopify blockchain team designer @ryancreatescopy announced the change through Twitter. Saying, “we’ve published some fresh tools to help you build tokengating applications for Shopify businesses.”

Shopify Tokengating Application

The “tokengating” application programming interface (API) tools and extended crypto wallet connect functionality have been emphasized. The latter was previously exclusively accessible to a few merchants and has been in early access beta access status since June 2022.

With tokengating, all relevant Shopify merchants may now configure their storefronts to restrict access to certain nonfungible token (NFT) drops, bonuses, and exclusive items for certain tokenholders.

The application is advertised as a useful approach for NFT Merchants to reward particular customers or provide exclusivity to particular items. It validates user eligibility via their associated wallet.

Shopify has merged with the sign-in with Ethereum (SIWE) protocol. Which is run by the Ethereum Name Service (ENS) and the Ethereum Foundation, to enable more crypto wallets.

By protecting private information like names, phone numbers, and home addresses from disclosure to other parties, SIWE fundamentally enables secure user sign-ins and authentication of Ethereum accounts and ENS domains.

Private User

Private user information has historically been a sore point for Shopify. Concerning a significant customer data breach in 2020, a group of irate users launched a class-action lawsuit against the company and hardware wallet manufacturer Ledger in April 2022.

See also  Bitcoin ETFs Absorb 10X More BTC Than Miners Can Produce, Fueling Institutional Demand

To the joy of some in the Ethereum community, ENS Labs community advocate @sadaf.eth highlighted the SIWE connection with Shopify through Twitter on February 9. And linked to developer instructions outlining how to incorporate the tool into Shopify businesses.

“The statement displayed in a Sign-In with Ethereum message may be changed using the statementGenerator prop.

According to the description, the function gets the address of the associated wallet and enables you to extend and modify your message statements to reflect your brand better.

At this time, customers will be able to click a “sign-in with Ethereum” button to link their addresses via SIWE’s partnered intermediates. Such as Coinbase, Fortmatic, WalletConnect, Portis, and Torus, once a merchant connects the SIWE functionality on Shopify wallet connect.

Recent News

Recent Posts

Disclaimer: The information provided on this website is for informational purposes only. We strive to ensure the accuracy and reliability of the content, but we make no representations or warranties of any kind, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information. The use of this website is solely at your own risk.
We do not endorse or promote any specific cryptocurrencies, projects, exchanges, or investments mentioned on this website. The inclusion of any external links does not imply endorsement or recommendation.
Please note that the cryptocurrency market is highly volatile and involves substantial risks. You should carefully consider your own financial situation and risk tolerance before engaging in any cryptocurrency-related activities.

Related Post


Submit a Comment

Your email address will not be published. Required fields are marked *