Blockchain APIs To Follow in Crypto World 2020

Blockchain APIs To Follow in Crypto World 2020

Blockchain APIs To Follow in Crypto World 2020.Many of the world’s successful companies create software products based on the Blockchain APIs both for new entrants and for established businesses.

Many of the world’s successful companies create software products based on the Blockchain APIs both for new entrants and for established businesses.

This impetus has led to some very cool new blockchain apps being made available to the users. The most interesting of which to check out are:

  • Blockchain wallet app supports cryptocurrency transactions along with the analysis of the latest market trends. It includes different wallets (Crypto and Fiat) so that customers can easily do transactions with different currencies.
  • Argur a blockchain based application for predicting trading of derivatives and other financial instruments in a decentralized environment.
  • Barclaysand other financial companies have launched a number of technological initiatives based on blockchain which involve tracking of financial transactions, combating fraud, and compliance.

These are some useful business applications built on blockchain APIs that touch numerous facets of financial services. Most companies believe that financial data is a treasured commodity, the more you have it, that will drive business success. And, blockchain APIs are the easiest way to make this happen.

My firm Valuecoders software development company provides developers with access to data contained in 10 different blockchains.

Here are some examples of what you can build using our blockchain APIs:

  • A blockchain wallet supporting request transaction along with the analysis of latest trends, and also broadcast transactions.
  • An analytical blockchain solution showing some stats and visualizations.
  • An app storing your customers information in an encrypted blockchain.
  • A solid auction and research platform.

Blockchain APIs

As of today, blockchain apis can be divided into four groups:

Bitcoin, Litecoin like blockchains

Stellar like blockchains

Ethereum like blockchains

Ripple like blockchains

This is image title Image Source: Coin360

One of the best elements of the blockchain APIs is that they are driven by the concept of trust. Each transaction on the blockchain verifies the user, and depends on that track what is otherwise untraceable or decentralized activity.

This is why the blockchain connectivity is amazing in the API stack. Utilizing the blockchain APIs for application development facilitates communication for decentralized methodologies that involves securing transaction histories, running a secure blockchain implementation, and managing these transactions over time in a way that does not require a centralized authentication authority.

For example, AIKON is a decentralized marketplace for creating web APIs.

Decentralization is going to be a huge boon in 2020. It covers technology such as the Internet of Things that may not be able to tie information into a central authority. With decentralized system, the data can be encrypted, data can be recorded, and shared for both compliance and technical use.

Let’s Talk About Blockchain APIs To Follow in 2020

. Coinbase API

Coinbase API

Coinbase is a popular blockchain API that provide a secure and simple way of managing, buying, and selling cryptocurrencies such as bitcoin, bitcoin cash, ethereum, and many others. With the Coinbase API you can add blockchain capabilities into your applications.

With this blockchain based API, you can perform tasks that involves selling cryptocurrencies, collecting read-only data, generating digital wallets, getting payment notifications, and getting historical payments. The blockchain API provides a wide range of client libraries supported in different programming languages that help developers to easily integrate the API.

2. Bitcoin API

Bitcoin API

The Bitcoin API by BitcoinAverage provides an incredibly easy way to receive bitcoin payments. It offers access to the calculation of bitcoin prices and aggregates real-time currency prices from finance exchanges around the world. With this blockchain API, you can track historical prices for wide range of cryptocurrencies, data volume, and more information.

The Bitcoin API supports more than 165 cryptocurrency currencies. This blockchain API is available for free. You can also go for any of its higher paid plans ranging from $12 per month to $75 per month. BitcoinAverage provides comprehensive documentation and code samples in various programming languages on how to get started using the API with ease.

3. Blockchain API

Blockchain API

The Blockchain API allows you to integrate cryptocurrency payment functionality into your application. This blockchain API offer features that help you in creating enterprise-grade bitcoin applications. With this API you can easily manage sending and receiving digital payments on the digital platforms, blockchain wallets, and from the major bitcoin exchanges. The API supports several cryptocurrencies — ethereum, bitcoin, and bitcoin cash.

4. Cryptocurrency API

With the powerful use of blockchain technology the cryptocurrency API by Zloadr enables you to create interesting finance and business applications. The cryptocurrency API built to accomplish a wide range of tasks that involves getting trading history, getting the latest market information, monitoring the crypto rates, and more.

It also supports creating visualization of cryptocurrency data sets, finding information related to cryptocurrency regulatory, and more. The price of blockchain API is $9.99/month that is limited to 10,000 requests/month. You can also opt for other paid plans.

5. Ethereum API

Ethereum API

This API is also called the GEX api or Global Ethereum Price Index. It is an excellent form of API that is offered by BitcoinAverage. The Ethereum API uses the GEX data with its BitcoinAverage API capabilities. The API supports a wide range of currencies and returns up to one second refresh rates at preferred live rates.

This blockchain based API provide powerful features for generating and returning daily average prices, custom currency indexes, ticker values, and price changes for currencies. The API supports cryptocurrencies in more than 165 currencies. The blockchain based API is available for free and you can make around 5,000 requests per month. For higher limits, you can go for paid plans that ranges from $12 per month to $75 per month.

Looking Forward

So, this is about Blockchain APIs to follow in 2020. There is little doubt that businesses embracing the power of APIs are future-ready. Accenture’s strategy validates this, as the firm was named as a leader in the 2019 Forrester Wave report on global API strategy which is outlining how financial institutions around the world can unlock new sources of value from the API platforms.

This proves that with the exponential growth of high quality data in recent years, many businesses are now taking benefit of new blockchain APIs. And whether in finance, banking, insurance, mortgages or lending, most of the companies now have the ability to transform their business digitally. All thanks to the API development services that help you to fulfill your requirements.

Have any queries or questions related to APIs and blockchain technology? Simply get in touch with our team.

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