DMG has launched an API platform to help combat money laundering and fraud in Bitcoin transactions. The Bitscore Risk API provides a Bitscore that offers a measure of "tainted" currency that flows through transactions on a given network. The Bitscore helps quantify risk on a network.
This article looks at the advantages of cryptocurrency that can be applied to the API space by creating a decentralized API marketplace that removes many existing barriers. The API Network is modeled after bitcoin and hopes to remove the friction between API providers and consumers.