CAMBRIDGE, MASSACHUSETTS – The World Wide Web Consortium (W3C) with the help of Facebook, Apple, Google, Microsoft, and Mozilla, have created a browser API for purchasing services and goods using cryptocurrencies online.
This payment standard was first conceived in 2013 but on September 13, W3C confirmed that it currently working on a browser API for the following browsers: Microsoft Edge, Google Chrome, Facebook’s in-app browser, Apple’s Webkit, Mozilla’s Firefox, and Samsung Internet Browser.
The new API will allow cryptocurrencies, including bitcoin, to be stored right inside the browser.
According to an interview with CoinDesk, W3C’s Ian Jacobs said, “”This is a great opportunity for people to start writing blockchain-based payment method descriptions and to try to test the API. That’s sort of the period that we’re in, the test and interoperability development phase.”
“You will begin to see early adopters of the API using it and you will see an increase in browser support over time that I’m hoping by the middle of next year it’s widely deployed.”
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