Introduction

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Thank you for continuing to trust us with everything FinTech! APIs can be fairly called a force that powers innovative solutions bright entrepreneurs come up with in FinTech and beyond. APIs significantly ease and speed up innovation across industries as they allow businesses to not start from scratch and focus on improving the service instead of building the back-end that powers it.

Probably, the vast majority blockchain bitcoin api FinTech companies nowadays are either using APIs or moving towards implementation.

The LTP team has covered a wide array of insanely useful APIs startups can blockchain bitcoin api right now to enhance their operations and services. Another technology that seems to be gaining extraordinary momentum is blockchain. Needless to say, will be the year of distributed ledger technology application across industries with financial services probably being the one the most transformed by blockchain.

At the crossroads of APIs and blockchain, there are players that seek to empower startups and developers interested in the implementation of distributed ledger technology. It indexes the bitcoin blockchain and provides data to clients.

In particular, it sends notifications about transactions and confirmations blocks. ChromaNode is built with a scalable architecture allowing a distributed configuration where several servers cooperate to serve the data. Bitcore is a full bitcoin node allowing apps run directly on the peer-to-peer network. By binding directly into bitcoin's source code, Bitcore's API is 20x faster than connecting to a separate bitcoin node, and orders of magnitude faster than a centralized API.

Bitcore provides a blockchain API and the Insight blockchain explorer, right out of the box. A modular, service-based architecture makes Bitcore a great platform for enterprise applications. Neuroware offers a range of specialized non-financial protocols for the blockchains and provides businesses with the tools and experience to properly leverage the benefits of distributed ledger technologies.

The company has developed an open standard called ChainPoint for recording data in the blockchain and generating blockchain receipts. Each receipt contains all the information needed to verify the data without relying on a trusted third party.

The API hides much of the complexity of working with cryptocurrencies, but using it directly still requires some low-level knowledge. For that reason, Gem provides higher-level interfaces in several languages.

The company offers a variety of client libraries and mobile SDKs. Colored Coin APIs allow to issue new assets, transfer assets between addresses and query for asset metadata and blockchain bitcoin api addresses that hold an asset. Blockchain APIs allow developers to send and receive payment from a blockchain wallet account, programmatically create wallets for users blockchain bitcoin api the ability to load and redeem funds.

The APIs blockchain bitcoin api provide access to currency data from the major bitcoin exchanges. Factom Alpha API allows creating applications that store data in the blockchain bitcoin api without the speed, cost, or size limitations blockchain bitcoin api writing data directly to the bitcoin blockchain.

The company aims to give every developer the ability to use the blockchain to build a new generation of applications. The Colu engine provides infrastructure for developers that seek to issue and manage digital assets on top of the bitcoin blockchain. BlockCypher API provides a set of the endpoints in addition to some special features like unconfirmed blockchain bitcoin api confidence factor, dependable WebHook or WebSockets-based events, on-chain microtransactions and payment forwarding.

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Online-stores all over the web have steadily adopted the tendency of accepting bitcoin payments. This fact does not seem that surprising if we consider the blistering growth of a number of digital assets wallets owners over the last few years.

In order to implement a payment method which accepts bitcoin, the most rational thing to do would be to use the dedicated Blockchain API. What are the benefits of this? It allows e-commerce owners to save time and the financial expenditures needed for the development of electronic payment systems from scratch and focus on others that are more significant and essential for service industry tasks.

With this approach and modernization of existing software solutions, you will not be obliged to stick to a certain single programming language or SDK.

That, in turn, will take off some of the limits from your team of developers. In this article, we will go over a list of the top ten best Blockchain API providers which you can employ in your business project. A few years ago, following the rapid development of technological solutions in the financial niche, a Malaysian startup called Neurowave introduced Blockstrap API. Being an API for web-developers and programmers working with bitcoin and other digital assets, it provided the ability to create cryptocurrency-related web-applications compatible with HTML5.

This API is the perfect solution for modular platforms. Notice, also, that Blockstrap does not limit developers with its API, but rather provides a choice.

While other platforms can only use their own data sources, Blockstrap also supports SoChain, Hello! It does have, yet, another advantage — ISO standard employment allows for displaying Satoshi sums Satoshi — millionth of a bitcoin or sums with many zeroes after the comma for instance, 0. Tierion Hash API is a software solution which is capable of creating up to records per second completely free of charge.

In general, Tierion does not restrict you with standard functionality and you can integrate it with numerous services such as Salesforce, Mailchimp, Gmail, Slack, etc. This blockchain API can, to some extent, be considered an innovational solution. As opposed to other various APIs, this interface does not restrict developers with the speed of the bitcoin API call implementation.

Factom Alpha is, indeed, your best choice for the development of cutting-edge services. Note that this solution can help you deploy the functionality with regard to not only bitcoin but also for ether and litecoin. The standard functionality of Coinbase is also worth mentioning — it includes the ability to create a wallet, as well as to execute all the related operations, such as purchasing, selling, sending, receiving and storing the above-mentioned cryptocurrency.

Furthermore, the developers of this API provide their users with a colossal number of useful libraries, as well as with a developmental toolkit. Blockchain API is also among the popular solutions for developers who want to realize cryptocurrency payment functionality.

All the information related to this interface data is available in JSON format, which simplifies processing by the customer. Blockchain API works similarly to several other interfaces on our list, by Websocket protocol known for its low timeouts. Additionally, each and every bitcoin owned by the customer can be accessed directly from their e-wallet account, which means that the developer will not have to waste time creating separate storage for cryptocurrency.

Why do companies choose Bitcore? Primarily, for its fast performance. Indeed, this blockchain API demonstrates a speed of performance that exceeds that of the services built on centralized web architectures by 20 times. Based on this, it would be logical to assume that Bitcore fits the networks that are looking to scale in the future better than any other similar interface. But that is not all. It fits the needs of the developers that work with programming languages different from Node.

Colu API employs private keys for monetary asset management. That means increased protection of user wallets from hacks. Also, using Gem, you get resources for storage, encryption and copy of cryptocurrency for all your customers. That means that there will be no need for the development of separate software solutions. Gem also features an enhanced security system.

In order to decipher such data, the hackers will have to search and find several private keys which can only be accessed by the developers which is almost impossible to do, even in theory. BlockCypher also includes such useful features as built-in microtransactions for internal purchases on the platform and payments readdressing.

It works based on the WebSocket protocol which extends the capabilities of data transfers over TCP connections. In this manner, the server receives a chain of transaction messages with confirmations about their completion. In this article, we considered the most advanced and accessible blockchain APIs. What do you think of them?

Perhaps, you have an experience working with some of these APIs, or you may have used some other solution that we did not include on our list and were completely satisfied with it.

If you wish to enhance your existing e-commerce business with the implementation of bitcoin payment methods but do not know exactly how to do that yourself, we can help. In particular, our services include integration with API.

Our team will gladly work on your project, and you will get an updated and fully operational solution with extended functionality in just a few weeks. We hope you enjoyed this article! It's very important for us to receive your feedback. You can use these emojis to describe your feelings. Article Rating 31 Reviews. Review and Comparison with React Native. Be the first to receive helpful tips from Applikey.

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