How to accept CloudCoin as payment using Skywallet

Adrian Niculescu
CloudCoinConsortium
2 min readAug 26, 2020

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Sean Worthington, the scientist behind CloudCoin and RAIDA technology just released a video about how to accept CloudCoin as payment using Skywallet.

The video is 42 minutes long, and right from the beginning presents the system to accept CloudCoins followed by a detailed presentation about how Skywallet works and going deeper to the software components involved.

How to accept CloudCoin as payment using Skywallet

According to the video, the main components of the system are:

  • Your Web Server
  • The Customer
  • The Skywallet Which Runs on RAIDA technology

The sequence of events to accept CloudCoin as payment using Skywallet:

Your customers will request a page from your website and they will be able to decide what they want to purchase and when they are done will select Pay with CloudCoin and that will allow sending the command to the Skywallet and transfer money from their account to yours.

Then the page will call an action page on your web server to tell it that the payment has been made. Next, your web server checks this wallet that the payment was in fact received and it is for the right amount. And lastly, if everything is ok your web server will provide your customer with the goods or services receipt or will trigger a digital…

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Adrian Niculescu
CloudCoinConsortium

Digital Assets Investment Banker| Speaker | Investor | Online and Real Estate Entrepreneur | Music Producer adrianniculescu.com adrianniculesculive.uk