Airbitz has utilized its Bitcoin Wallet Plugin API internally and through select partners for a while. Now, the company has released the API to its entire user base. Airbitz expects the API to boost cryptocurrency usage through integrations with everything from marketplaces to gift card vendors.
The API economy continues to grow but one impediment to this growth is the friction involved when trying to pay for API access. Smoothing this friction may require a change in the handling of API monetization, something the open-source API Network looks to solve through the use of cryptocurrency.