This is a Ruby SDK for BitReserve that allows developers to access and integrate the functionality of BitReserve with other applications and devices through Ruby. Bitreserve is a digital currency platform for sending and receiving digital currency on top of Bitcoin.
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.
TESOBE, Berlin-based software development firm, has launched the Open Bank Project with the hopes of bringing more transparency to the world's banking community. To accomplish its goal, the Open Bank Project provides an API that banks utilize to provide transaction data to interested parties. Given the hypersensitivity of financial information, the Open Bank Project must persevere through many obstacles. However, should the idea catch hold, it could be the first example of open banking as a service.