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W3C makes progress on web payment standards

Due to a recent update on a long-delayed upgrade to the underlying code of the internet, the world wide web is on the verge of adding a native payments system. The new specifications detail a suite of tools that allow merchants to accept many payment types, including Bitcoin, much more easily.

The World Wide Web Consortium (W3C) has been working on a currency-agnostic web payment standard for more than two years. The 470-plus member organization is responsible for creating and maintaining the international standards for the world wide web and constantly works with the public and corporations to develop guidelines for its use.

Due to a recent update on a long-delayed upgrade to the underlying code of the internet, the world wide web is on the verge of adding a native payments system. The new specifications detail a suite of tools that allow merchants to accept many payment types, including Bitcoin, much more easily.

The World Wide Web Consortium (W3C) has been working on a currency-agnostic web payment standard for more than two years. The 470-plus member organization is responsible for creating and maintaining the international standards for the world wide web and constantly works with the public and corporations to develop guidelines for its use.