the future of api monetization
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
