Monetha is a software built on top of Ethereum blockchain for providing payment gateways, integrating popular e-commerce platforms with Ethereum, as well as creating a reputation reviews platform. This is an open source project, started June 2017 by a team of developers from Lithuania. Company is registered in Switzerland.
The main purpose of Monetha is to integrate e-commerce sites and shops with universal decentralized trust and reputation system. To achieve this Monetha created a mobile app,Show more [+] where people can buy and sell pear-to-pear (like sites for selling second-hand items). This app uses Ethereum blockchain for better transparency of deals. Another purpose of Monetha is to make payment process on e-commerce sites cheaper and faster. For this goal Monetha integrates e-commerce directly to Ethereum, so classical banking, Visa or MasterCard solutions can be excluded. At the moment Monetha supports such popular e-commerce solutions as Magento, PrestaShop and WooCommerce.
Monetha operates with Ethereum ERC-20 token MTH. ICO was complete June 2017 raising $37M (95,000 ETH) just in 18 minutes.
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