The importance of API is increasing in diverse sectors of IT related industries. API is a set of functions and procedures allowing the creation of applications that access the features or data of an operating system, application, or other services (Google definition). The APIs help in concise decisions and overall business procedures, also smooth integration of applications.
In some cases, companies lack sufficiently suitable APIs to efficiently operate their systems. To aid such companies, an open API that is flexible for many to use can rise to the surface.
There are 2 types of APIs, one is closed API and other is obviously open API:
Open API: a publicly available application programming interface that provides developers with programmatic access to a proprietary software application or web service.
Closed API: A closed API might be in your best interest if: The API is for business partners or other B2B uses.
In case of the open API, even a third party can have access to the interface, but the closed API may only be available for those who have access to it.
Advantages of open API:
To provide companies with such advantages as above, TEMCO is developing a supply chain data management and the open market platform for luxury goods that even a company with lack of professional resources. A company that lacks resources for such open API systems can apply certain parts of the developed TEMCO’s API to develop their platform.
Such services as login, product details page, payment and others, companies without such API can use TEMCO’s API to develop their online shopping mall etc.
TEMCO is developing such API service that is efficiently usable by many companies, especially uploading the data to the blockchain and the services that can fulfill the needs of companies in diverse industries. The team is currently under the development process of the API service that blockchain technology can be easily utilized by SMEs which focuses on easy access to the needed data of the supply chain network.
Thank you for your support!
TEMCO: World’s First Supply Chain Data and E-Commerce Solution through “Bitcoin Smart Contract (RSK)”
Please visit us to learn more about the world’s first Bitcoin smart contract based supply chain data/e-commerce platform!
▶TEMCO Official Website: https://temco.io
▶TEMCO Chatroom: https://t.me/temcolabs
▶TEMCO Twitter: https://twitter.com/TEMCOLABS
▶TEMCO Reddit: https://www.reddit.com/r/temcolabs
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