The potential use of blockchain technology in the future is very large, but many people do not know that API is the strong link guarantee of blockchain technology. At the same time, blockchain is a headache. It is infinitely exaggerated by many people. In fact, API and blockchain are complementary technologies, and they are also a magic weapon for blockchain profit.
For blockchain technology, APIs are critical. A powerful API infrastructure allows users to get ahead of the game and profit from the blockchain faster.
The blockchain is undoubtedly the coolest technology trend at the moment, but people are still questioning in the faint secret, repeated and repeated: What is the blockchain used for? What technologies can it replace? Which technologies can complement it? Many problems remain unknown. For example, one might think that the API is subordinate to the technology that the blockchain will replace. But in fact, API and blockchain are complementary technologies, and the former plays an important role in the implementation of the latter.
Blockchain is a headache for technology leaders in the enterprise. It can be said that in addition to being overwhelmed and overvalued by cryptocurrencies, many people seem to be ignorant of the potential use of blockchains. Some people say that "blockchain technology is "the most important evolution in the computing field after the World Wide Web"; others say that "this kind of meaningless speculation can only affect bitcoin." People have a wide range of views on this topic. It can be seen that the general public is still confused about this technology.
Some companies do see potential use of blockchain technology in the future, but the details of how to implement these use cases remain ambiguous. Obviously, we still lack the talent to understand the knowledge of the blockchain, and the tools needed to implement this technology are not clear. But the good news is that companies that have invested in building a solid API infrastructure will take the lead in this area.
Strong link to solid blockchain foundationYou may be familiar with the blockchain being defined in its simplest form as a distributed database that aggregates transactions into chunks and joins them into chains. The links in this chain are duplicate transactions that connect the end of the previous block to the beginning of the next block. Of course, its safe and reliable operation is actually more complicated. For this reason, the API has become the most powerful link in the blockchain.
Because the creation, storage, encryption, and verification of blockchain transactions are distributed, this requires an online communication and integration technology, and the web API is critical. Many organizations (such as Blockchain.info) offer an increasing number of API tools for the implementation of blockchain, while companies with API infrastructure and management tools can take advantage of these APIs.
Bill Oakes, CA Technologies' Certified Information Systems Security Specialist (CISSP) and Director of Product Marketing, said: "APIs are critical to the entire blockchain transaction process. Without these technologies, we can't use blockchains." But no APIs are available. Managing the infrastructure and implementing blockchain solutions using the API will also be difficult. Oakes added: "Having the ability to apply policies and management to the API to ensure certification and authorization is equally important."
This situation is particularly significant in the early stages of the changing blockchain API landscape. Since the advent of the cryptocurrency-centric API, the situation has developed rapidly. While organizations like Hyperledger are trying to build stability, there is an urgent need for technologies that ensure consistency in API versions and enable rapid creation and expansion of APIs.
Simplify agile blockchain with well-managed APIsTo be fair, there is only one thing that is certain: the blockchain is confusing. However, many companies have seen the powerful potential behind them. Recognizing that blockchain is an API-driven technology and the practicality of blockchain APIs can help companies understand their thoughts and develop their potential. But the premise is that the tools that companies have can simplify the process of using APIs safely and efficiently.
Agile is also a key factor. API and API management technologies help companies to implement blockchains more easily, enabling rapid time to market. In the unpredictable blockchain world, API-centric technologies can also allow us to “fast failâ€, transform and improve solutions to achieve maximum profitability in changing norms and emerging opportunities. The blockchain has a clear path in the future.
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