the future of api monetization

Post on 19-Jun-2015

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DESCRIPTION

David Johnston, Managing Director, Decentralized Application Funds Using the power of bitcoin for payments and flexible open source platforms we can reduce the friction in today's API infrastructure and finally connect the programable web to programable money.

TRANSCRIPT

An Open Source Platform APIs

The Goal

The incentivized connection of APIs to a decentralized API marketplace where

developers and web service owners benefit alike.

MERCHANT SERVICES

The 1st Incentivized API Marketplace

The Current State of API’s

❖Centralized entities have data, and provide services

❖Developers can build products using those services

❖Developers need to make agreements with service providers and buy subscriptions

❖Limited by service providers’ ability to scale

The Vision: API Network

❖Service providers make their services available to the network.

❖Consumers of the service (Developers) join the network and gain access to all the member APIs.

❖Anyone can join the network and provide processing and storage to the member APIs, providing decentralized scaling.

❖APICoin used to compensate the network members

How It Works

The API Network Screen Shots

API NETWORKDavid A. Johnston443-285-9111David@APINetwork.co

www.APINetwork.co

https://github.com/APINetwork/ProtocolSpec

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