Source: (Unbankedx.org, 2018)
Over the past years, there has been experienced growth in the cryptocurrency. Cryptocurrency has allowed individuals around the globe to transact online transactions effectively and transparent. This has led to many companies coming up with different e-wallets that helps the users to transact with ease. Unbankedx aims at addressing the issues of corruption, lack of access to financing and banking services, limitations to mobile money and the high costs of delivery or distributions. So, what is Unbankedx and how will Unbankedx solve this problems? In my discussion I will discuss this two questions and need for API in the platform.
What is Unbankedx
This is a multi-blockchain platform that uses the smart contracts and the distributed ledger technology to ensure that the users are served diligently. The platform offer better security for the users and it guarantees user privacy. The platform is integrated with the API infrastructure to ensure high capacity request. Unbankedx aims at harnessing the blockchain technology and ensuring that it empowers millions of markets around the world. Also, it aims at improving the living standards of individuals around the globe.
What is an API and its importance in Unbankedx platform
Application Program Interface abbreviated as “API” is a set of programmatic commands that permit part of a program or, one program to interface with other program. Sometimes they're big and sometimes they're small. They operate as a translator and a contract. As a translator, it assists the two procedures to speak an ordinary language so the exchange can be done. APIs are important to corporations and IT firms as they open doors to novelty both outside and inside of the enterprise.
Firms always strive on looking for new methods that can ensure there is reduced costs and increased competence while maintaining distinction in the excellence of their goods and services. The automation that will be facilitated by APIs is consistency. Through automation, Unbankedx platform will be able to remove human expense (and human error) from outfitted processes. Unbankedx platform (API enabled platform) will ensure a true re-think in how people run and manage IT. With this, the processes will be automation-driven not as it was before (process-driven). This will improve security, eliminate corruption and reduce high costs of operations.
APIs are building open-ended processes or blocks intended to permit something new to edge with an existing process, program, or system. Unbankedx platform use of the API is advantageous to the users as API allows good documentation that clears error codes and it makes the platform easy to use. The benefits of the API in the Unbankedx platform are uncountable as it also allows faster transaction and better functionality of the existing code in the program.
Unbankedx use of the APIs infrastructure will make it easy to seamlessly incorporate the client experience as clients move between the Internet of Things, personal mobile devices and the web. Unbankedx will be able to provide services that will guarantee robust and scalable applications that can guarantee the customers safety.
Source: (Unbankedx.org, 2018)
The use of the APIs in the Unbankedx platform will enable automated reporting that will help the reporting procedures.
ROADMAP
Source: (Unbankedx.org, 2018)
Conclusion
Unbankedx is one of the platforms that is using the blockchain technology and the API to ensure that the operations are safe, efficient and secure. With the use of the API, Unbankedx will be able to ensure better automated operations and user’s efficiency. With the understanding that human beings make mistakes, the use of API to guarantee automated processes will help in maintaining updates. The users will be able to enjoy a platform that is secure and free from errors.
For more information, please visit:
WEBSITE: http://www.unbankedx.com/index.html
WHITEPAPER: https://drive.google.com/file/d/1TuxIyPa2ho603uHtWxp-o_tjEOzx4nqF/edit
ANN THREAD: https://bitcointalk.org/index.php?topic=3038733
TELEGRAM: https://t.me/joinchat/GzuZeBCNMfHHcLOVKv_Vzw
TWITTER: https://twitter.com/unbankedx_ico
FACEBOOK: https://www.facebook.com/UnbankedX-172044893559527
MEDIUM: https://medium.com/@unbankedxico
REDDIT: https://www.reddit.com/r/UnbankedX/
Author: Gitagiajose
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2303447