Despite volatility and growing pains common in new markets, many believe that crytocurrencies like Bitcoin are going to revolutionize digital commerce. That has created a gold rush as entrepreneurs and companies move to take advantage of the opportunities Bitcoin has created.
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.
BIPS, Bitcoin payment system, allows users to buy or sell online using Bitcoin digital currency. In addition to Bitcoin transaction-based apps and an e-wallet, BIPS provides an API that users can integrate with existing workflows and tools. Merchants can utilize Bitcoin currency alongside traditional currency transactions.