Ethereum-based invoicing, bookkeeping solution Gilded launches with Request Network, MakerDAO’s Dai compatibility
Ethereum blockchain-based invoicing and bookkeeping startup, Gilded, has shipped their platform into public beta. The milestone follows “many months of development and integration,” according to a statement issued by Gilded on Wednesday.
Making Gilded different from most – and justifying the drawn-out development timeframe – is the extent to which they are leveraging the solutions of multiple projects already running atop the Ethereum Virtual Machine (EVM); indicative of a budding Ethereum developer ecosystem full of synergistic potential.
These projects are familiar to most in the crypto community. Now in public beta, Gilded’s crypto bookkeeping and invoicing system – free to use until November 30th – is functional with fellow EVM-compatible projects Request Network (REQ) and MakerDAO (MKR).
Of the two, Request Network certainly appears the most heavily integrated. The serverless, decentralized protocol that uses Ethereum to create invoices and automatically detect their payment has dramatically bolstered the quality of what Gilded can offer prospective clients – predominately crypto-friendly business owners – looking for a more simplified way to manage and track receipts and payment invoices (think ‘QuickBooks for crypto’).
Gilded’s developers are “still working on” a few aspects of its integration with Request Network, according to comments by Gil Hildebrand (CEO) in the aforementioned statement. Moreover, Request Network’s recently announced v2.0 protocol upgrade looks set to benefit Gilded customers vis-à-vis lower Ethereum gas prices.
According to a MakerDAO subreddit post from Hildebrand on Friday, Gilded has “seen quite a bit of interest in [its] crypto bookkeeping and invoicing product from companies in the blockchain space.” Encouragingly, they already have paying customers signed up.
In this same post, Hildebrand revealed that his development team is currently working to introduce a host of additional features centred around MakerDAO’s Dai stablecoin. This includes collaborating with Kyber Network (KNC) on “ridiculously easy DAI / ETH conversion,” with Wyre on fiat on-ramping capabilities, and with 8x Protocol on recurring, Dai-denominated payments. All solutions are expected to ship no later than March of next year.
Earlier today, Gilded uploaded a short public beta demonstration video to its YouTube channel. For those interested, we have attached the clip below.