This article explains how to integrate the Stellar Network into SME businesses, focusing on public-key cryptography, federation for human-readable addresses, and QR code support in Stellar wallets. It highlights Stellar's advantages over Ethereum ENS and compares it to Bitcoin's bip 0021 payment URIs. Examples include smart anchors like Flutterwave for simplified bank integrations.
The article details Stellar's use of public-key cryptography, where public keys serve as receiving addresses, and introduces federation for user-friendly names like anthony*tempo.eu.com or bank details via smart anchors such as flutterwave.com. Federation performs simple HTTPS lookups to resolve these to actual Stellar addresses, making it easier and cheaper than Ethereum's ENS. It contrasts this with Bitcoin's bip 0021 URI standard for payments, which supports QR codes registered with IANA. Stellar wallets like Centaurus, Lobstr, Stargazer, and Papaya all support QR code conversion for seamless interoperability. The piece targets SME businesses looking to adopt Stellar for payments, emphasizing simplicity and cross-wallet compatibility.
