Mastercard, a company that once warned that the risks of digital currency outweigh the benefits, has released two new blockchain APIs to promote collaboration and innovation in the digital exchange of value. Through its Mastercard Labs arm, Mastercard has indicated the API release is just the start.
Payza introduced a new Bitcoin SendMoney API that enables merchants to send payment to recipients inside and outside of the Payza network. Because Bitcoin is a true peer-to-peer digital currency, Payza's latest API is able to use the currency to send payments directly to the Bitcoin address.
ProgrammableWeb's series on cryptocurrency and blockchain technologies aims to give you a sense of the various components and business opportunities within the various cryptocurrency ecosystems. Now, let's take a look at a small handful of typical APIs across those ecosystems.