Why OPEN is a Developer's Best Friend
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Why OPEN is a Developer’s Best Friend

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Building a successful blockchain or cryptocurrency accepting application isn’t easy. It requires design, analysis, coding, testing, marketing and a healthy dash of good luck. Not only must developers achieve proficiency in their craft, but they also need to navigate complicated distribution channels like app stores and payment processing systems.

If we are going to see a blossoming number of new applications on the blockchain protocol, it has to make financial sense for developers. If they have to build their applications from scratch using new programming languages and adapting to new decentralized paradigms, many talented developers may find the barriers to entry to be too high.

Even worse. What happens if they do decide to take the plunge, and then the market shifts and the technology platform they’ve been working with is no longer “the place to be”? For example, can anyone be certain that Ethereum will be king three years from now?

It’s clear that a huge number of developers recognize the potential of cryptocurrencies and blockchain technologies. The over $500 billion in liquid digital assets sitting on the blockchain is a juicy incentive to being able to accept cryptocurrencies within applications.

Until now, however, the tools required to accept cryptocurrencies for applications haven’t existed.

OPEN provides developers with infrastructure that enables them to port their existing applications onto the blockchain and begin accepting cryptocurrencies. Developers do not need to learn new programming languages and can utilize languages that they are already familiar with through OPEN’s API. By using OPEN, developers can deploy blockchain components instantly without knowing Solidity by using a unique tool built for developers who wish to skip the learning curve of the blockchain and languages like Soliditiy. The developer can create customized payment schemes through the OPEN API, enabling cryptocurrency payments. All the while, changes are integrated directly with their application through the OPEN States.

OPEN resolves four essential problems that no other technology has been able to address until now. First, developers can easily integrate the blockchain into their existing applications without investing considerable resources. With just a few simple lines of code, they can begin accepting cryptocurrencies in a way that can communicate with their backend database, a struggle for cryptocurrency wallets themselves to deal with.

Second, the OPEN Platform allows them to easily sync their on-chain transactions with their off-chain databases. There are no manual checks of transactions and subsequent changes to the application backend. OPEN provides this direct link, making the entire transaction process seamless.  

Third, developers are paid immediately without the long transaction cycle they are used to with current systems. They also avoid the exorbitant app-store fees associated with traditional payment methods.

And finally, the OPEN Platform’s blockchain agnostic architecture assures them that their investment in time and effort will be protected regardless of which technology platform becomes prevalent down the road.

As an added bonus, developers that are part of OPEN’s Developer Program are able to receive airdrops for their users. (Read more about our Developer Program here). Without a doubt, OPEN is every developer’s best friend.

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Bala Sivakumar via Flickr

Bitcoin

CoinFlip Continues to Dominate the U.S. Cryptocurrency ATM Market

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CoinFlip
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Although cryptocurrency has brought in a lot of traders seeking the dream of overnight wealth, cryptocurrency is a lot more than just striking it rich.  Cryptocurrency is about creating a new market with companies that are building cutting edge technology in an effort to continue elevating our way of life.  As the crypto market continues to expand, several companies are involved in creating ways for more people to participate.  One such company that appears to be making all the right moves is CoinFlip.

CoinFlip is the world’s leading cryptocurrency ATM operator that currently allows users to buy and sell 10 different cryptocurrencies including BTC, ETH, LTC, DASH, TRX, KMD, LINK, BNB, XLM, and USDC.  Due to the company’s quick growth, CoinFlip has quickly gained a reputation of being the place to go for all crypto ATM transactions.  In addition to its massive geographic coverage, there are four advantages that CoinFlip currently offers over its competitors:

  • Lowest fees of any cryptocurrency ATM in the world
  • Lightning-fast transactions that are typically completed between 10 and 30 minutes
  • Extremely easy customer verification
  • 24/7 customer support through phone, text, and chat

Given the global pandemic currently facing us, many companies have been struggling just to survive.  CoinFlip, on the other hand, is not only surviving but thriving.  The company has had an exciting few months and has even bigger plans…

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Altcoins

Lite.IM Dethrones Facebook After Integrating Crypto Wallet With Popular Messaging Platforms

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Lite.IM
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With the crypto markets in turmoil, especially after news about a potential hack at Cryptopia, traders and investors need to turn their attention away from day trading.  Instead, crypto traders really need to think long-term and identify projects that are sure to win in the long-term.  In particular, one crypto company is making major headlines after winning an all-important technology battle against the mighty Facebook.  That company is Zulu Republic (ZTX).

Zulu Republic Develops Lite.IM

Zulu Republic is an ecosystem of blockchain tools and platforms, designed as a place where people, businesses, and organizations can thrive on their own terms.  And indeed, Zulu Republic has hit a grand slam with their development of Lite.IM.

Lite.IM is a crypto wallet that has been integrated with several of the most popular messaging platforms such as Facebook Messenger and Telegram.  In addition, users in the U.S. and Canada can also exchange and manage crypto balances through SMS.  Although not all cryptocurrencies are available, the team has selected four of the most popular currencies which include Litecoin (LTC), Ethereum (ETH), Bitcoin (BTC), and the native currency of Zulu Republic (ZTX).

Telegram and Facebook Messenger are extremely popular platforms.  But, potentially even more exciting news, is that the Lite.IM team plan to announce WhatsApp integration in the next 1-2 weeks.  There is a reason why Facebook acquired WhatsApp in 2014, for…

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Altcoins

An In-depth Review of the New SuchApp Messaging App

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SuchApp has launched and with that comes the next generation of a multi-functioning messaging app which will open doors to targeted communication with individuals and groups. There is unlimited potential in business growth and advertising as well as interactive campaigns and communication with a broad audience.

Join A Group
There is a growing list of groups being developed by leaders and influencers who see the potential for targeted growth in their sectors. Retail and Commercial business owners want to be where the people are, and SuchApp has diverse functionality to reach a global marketplace. What’s more, SuchApp offers uncapped groups, meaning an you have the ability to communicate and network with an unlimited number of people in your target groups.

There are three different types of groups: private, open and secure. What differentiates between them is the ability to keep it open to the public, be invite-only, or launch secure closed groups.

One of our popular open groups is Dogs. Small businesses are beginning to promote their products or services. Large businesses can share their latest sales. The Dogs group invites dog lovers, groomers, pet supply businesses, veterinarians, dog sitters. Like-minded people can find a local dog park and hang out.

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