. - page 30. | Bitcointalksearch.org

inspiredinvestor

hero member

Activity: 658

Merit: 500

Quote from: OpenMoneyBTT on November 08, 2017, 10:15:30 AM

Hi there everyone!

A lot of you have been asking - What is the OPEN API? What does it do?
Simply put, the OPEN API connects a complex centralized application database with both the blockchain and the user. Since it’s built upon existing infrastructure, it is easy to apply in any environment wiithout requiring the developer to complete any significant changes. The API provides an application layer for the user and developer to interact with the Scaffold smart contracts. Developers use the API to create their Scaffolds and receive payments from them. Users are able to pay the Scaffolds through the API. Lastly, the contractor may close out their Scaffold with the API, recovering their staked Tokens. The API unlocks the capabilities of our blockchain solution, providing convenience for both the Developer and the User. More detail about the API and how it interacts with the rest of OPEN Platform can be found in our whitepaper. http://go.openmoney.digital/obmtwp

I am familiar with API's and thinking it's a brilliant safe way for developers to interact with the database and intractructure. but i normally view API as one way which is pulling info for dev to use. so this is where payments are going to be made through API. i will review the Whitepaper again as I am not aware of payments being made through it. sounds interesting

OpenMoneyBTT

full member

Activity: 224

Merit: 100

Quote from: levyashin on November 08, 2017, 10:29:19 AM

Quote from: OpenMoneyBTT on November 08, 2017, 10:15:30 AM

Hi there everyone!

A lot of you have been asking - What is the OPEN API? What does it do?
Simply put, the OPEN API connects a complex centralized application database with both the blockchain and the user. Since it’s built upon existing infrastructure, it is easy to apply in any environment wiithout requiring the developer to complete any significant changes. The API provides an application layer for the user and developer to interact with the Scaffold smart contracts. Developers use the API to create their Scaffolds and receive payments from them. Users are able to pay the Scaffolds through the API. Lastly, the contractor may close out their Scaffold with the API, recovering their staked Tokens. The API unlocks the capabilities of our blockchain solution, providing convenience for both the Developer and the User. More detail about the API and how it interacts with the rest of OPEN Platform can be found in our whitepaper. http://go.openmoney.digital/obmtwp

I love your new technical whitepaper. It really shows the depth and value of the Open Money project.

As i understand now, Open Api and Scaffolds will complete each other for both developers and users benefit.

Thank you levyashin! We are glad that you like the technical white paper.

OpenMoneyBTT

full member

Activity: 224

Merit: 100

Quote from: ?? on ??

Simply because all content articles about Open Money, make me believe that i'm in the right place.Besides that everyday activity in thread and telegram increasing, there's good hype is going on.There is a good impetus going but they will do this again buzz towards the ico finish.

Hello FarRacer, thanks for your support! Make sure to stay updated on our website, Telegram and Slack channels as well

OpenMoneyBTT

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Activity: 224

Merit: 100

Quote from: CryptoBry on November 08, 2017, 01:14:20 AM

Quote from: savantsam on November 07, 2017, 01:39:21 PM

Quote from: OpenMoneyBTT on November 07, 2017, 09:34:45 AM

The OPEN Platform is one that is built with a purpose that truly reflects its namesake - to create an OPEN ecosystem that drives innovation and evolution of the blockchain and drives its adoption by the mainstream. It's most important properties are: Ease of Use for Developers, an Innvative Payments Solution and Rocket Fuel for Mainstream Adoption. For all the details, check out our new technical white paper here: http://go.openmoney.digital/obmtwp

Definitely! Ease of use for developers is the keep to adoption. Thanks for sharing the technical paper, it looks good and I can't wait to integrate OPEN!

Adoption can happen easily if things can be easier not just for developers but also for the intended consumers...things should not be complicated otherwise we can literally be telling people to just go away. Plus there should always be incentives for adopting such a program as we know that human nature is always based on what the person can get as benefits. Now, am sure that OpenMoney team is always looking at these factors and ideas and soon we can see how they would incorporate all positive traits into just one ecosystem.

Great points CryptoBry! It is essential that ease of use applies to both developers and users - the OPEN API will make this a reality

ellerby123

full member

Activity: 140

Merit: 100

Quote from: OpenMoneyBTT on November 08, 2017, 10:15:30 AM

Hi there everyone!

A lot of you have been asking - What is the OPEN API? What does it do?
Simply put, the OPEN API connects a complex centralized application database with both the blockchain and the user. Since it’s built upon existing infrastructure, it is easy to apply in any environment wiithout requiring the developer to complete any significant changes. The API provides an application layer for the user and developer to interact with the Scaffold smart contracts. Developers use the API to create their Scaffolds and receive payments from them. Users are able to pay the Scaffolds through the API. Lastly, the contractor may close out their Scaffold with the API, recovering their staked Tokens. The API unlocks the capabilities of our blockchain solution, providing convenience for both the Developer and the User. More detail about the API and how it interacts with the rest of OPEN Platform can be found in our whitepaper. http://go.openmoney.digital/obmtwp

Great explanation on the benefits of the API and the important role that it plays in allowing both users and developers to easily interact with the Scaffold. Really excited to see this technology implemented and put to good use - I can think of so many cases where it would be useful.

sth2017

sr. member

Activity: 616

Merit: 256

translating white paper into Russian is terrible

savantsam

member

Activity: 60

Merit: 10

Quote from: OpenMoneyBTT on November 08, 2017, 10:15:30 AM

Hi there everyone!

A lot of you have been asking - What is the OPEN API? What does it do?
Simply put, the OPEN API connects a complex centralized application database with both the blockchain and the user. Since it’s built upon existing infrastructure, it is easy to apply in any environment wiithout requiring the developer to complete any significant changes. The API provides an application layer for the user and developer to interact with the Scaffold smart contracts. Developers use the API to create their Scaffolds and receive payments from them. Users are able to pay the Scaffolds through the API. Lastly, the contractor may close out their Scaffold with the API, recovering their staked Tokens. The API unlocks the capabilities of our blockchain solution, providing convenience for both the Developer and the User. More detail about the API and how it interacts with the rest of OPEN Platform can be found in our whitepaper. http://go.openmoney.digital/obmtwp

Wow that is awesome! It sounds really easy to integrate into applications. Thanks for the information !

FIEX

sr. member

Activity: 630

Merit: 276

Quote from: OpenMoneyBTT on November 08, 2017, 10:15:30 AM

Hi there everyone!

A lot of you have been asking - What is the OPEN API? What does it do?
Simply put, the OPEN API connects a complex centralized application database with both the blockchain and the user. Since it’s built upon existing infrastructure, it is easy to apply in any environment wiithout requiring the developer to complete any significant changes. The API provides an application layer for the user and developer to interact with the Scaffold smart contracts. Developers use the API to create their Scaffolds and receive payments from them. Users are able to pay the Scaffolds through the API. Lastly, the contractor may close out their Scaffold with the API, recovering their staked Tokens. The API unlocks the capabilities of our blockchain solution, providing convenience for both the Developer and the User. More detail about the API and how it interacts with the rest of OPEN Platform can be found in our whitepaper. http://go.openmoney.digital/obmtwp

Thanks a lot for sharing us with your daily updates/wisdom

Really nice to see everything explained very detailed. Open Money will be very succesfull when ICO will start.

Keep this up guys!
I'm a huge fan

pynetx

sr. member

Activity: 798

Merit: 262

To tackle price volatility you can convert the crypto in fiat as soon as they are deposited at the current price. So, it will not go up and neither down.

levyashin

sr. member

Activity: 980

Merit: 276

$CYBERCASH METAVERSE

Quote from: OpenMoneyBTT on November 08, 2017, 10:15:30 AM

Hi there everyone!

A lot of you have been asking - What is the OPEN API? What does it do?
Simply put, the OPEN API connects a complex centralized application database with both the blockchain and the user. Since it’s built upon existing infrastructure, it is easy to apply in any environment wiithout requiring the developer to complete any significant changes. The API provides an application layer for the user and developer to interact with the Scaffold smart contracts. Developers use the API to create their Scaffolds and receive payments from them. Users are able to pay the Scaffolds through the API. Lastly, the contractor may close out their Scaffold with the API, recovering their staked Tokens. The API unlocks the capabilities of our blockchain solution, providing convenience for both the Developer and the User. More detail about the API and how it interacts with the rest of OPEN Platform can be found in our whitepaper. http://go.openmoney.digital/obmtwp

I love your new technical whitepaper. It really shows the depth and value of the Open Money project.

As i understand now, Open Api and Scaffolds will complete each other for both developers and users benefit.

OpenMoneyBTT

full member

Activity: 224

Merit: 100

Hi there everyone!

A lot of you have been asking - What is the OPEN API? What does it do?
Simply put, the OPEN API connects a complex centralized application database with both the blockchain and the user. Since it’s built upon existing infrastructure, it is easy to apply in any environment wiithout requiring the developer to complete any significant changes. The API provides an application layer for the user and developer to interact with the Scaffold smart contracts. Developers use the API to create their Scaffolds and receive payments from them. Users are able to pay the Scaffolds through the API. Lastly, the contractor may close out their Scaffold with the API, recovering their staked Tokens. The API unlocks the capabilities of our blockchain solution, providing convenience for both the Developer and the User. More detail about the API and how it interacts with the rest of OPEN Platform can be found in our whitepaper. http://go.openmoney.digital/obmtwp

CryptoBry

sr. member

Activity: 1008

Merit: 355

Quote from: savantsam on November 07, 2017, 01:39:21 PM

Quote from: OpenMoneyBTT on November 07, 2017, 09:34:45 AM

The OPEN Platform is one that is built with a purpose that truly reflects its namesake - to create an OPEN ecosystem that drives innovation and evolution of the blockchain and drives its adoption by the mainstream. It's most important properties are: Ease of Use for Developers, an Innvative Payments Solution and Rocket Fuel for Mainstream Adoption. For all the details, check out our new technical white paper here: http://go.openmoney.digital/obmtwp

Definitely! Ease of use for developers is the keep to adoption. Thanks for sharing the technical paper, it looks good and I can't wait to integrate OPEN!

Adoption can happen easily if things can be easier not just for developers but also for the intended consumers...things should not be complicated otherwise we can literally be telling people to just go away. Plus there should always be incentives for adopting such a program as we know that human nature is always based on what the person can get as benefits. Now, am sure that OpenMoney team is always looking at these factors and ideas and soon we can see how they would incorporate all positive traits into just one ecosystem.

OpenMoneyBTT

full member

Activity: 224

Merit: 100

Quote from: SixFigures on November 06, 2017, 06:51:36 AM

Technical white paper is out by now?

Yep, the technical white paper is out. Check it out here: https://s3.amazonaws.com/openmoney/OPEN_TECH_WP_V2.pdf

OpenMoneyBTT

full member

Activity: 224

Merit: 100

Quote from: freegold on November 06, 2017, 02:47:21 AM

Quote from: OpenMoneyBTT on November 05, 2017, 12:25:35 PM

ATTENTION FOLKS, you can now earn up to 500 EXTRA STAKES in our bounty contest! This is what you need to do: Use one of the following topics as inspiration and create and publish an original piece of content that mentions ICOToday!

You can write a blog post, publish an article, record a video, do a podcast...

We love them all.

Feel free to pick one of the topics below and make it yours. It doesn’t have to be exactly the same. Or better yet, come up with something even better and more engaging. Be creative!

Requirements to earn bounty stakes:

1. Must be original content
2. Written content must be at least 450 words
3. Audio and video content must be at least 2 minutes
4. Must discuss ICOToday in a positive light
5. Must include a link back to our website using this url: http://go.icotoday.io/y35n (http://go.openmoney.digital/3lm0)
6. You must submit the URL to your published content as an answer to the custom action on our bounty contest. Sign up here if you haven’t already
http://go.icotoday.io/bountycontest

Topics

1. The ICO Industry is broken - 5 Ways to Fix It
2. Why The ICO industry needs a Rating Agency.
3. Philadelphia startup looking to bring order to chaotic ICO industry
4. seekingalpha for ICOs
5. How Can We Make participating in ICOs simpler?
6. Why the ICO Industry Needs to Grow Up
7. 4 Lessons the ICO Industry Should Learn From Wall St
8. 5 Ideas to Help Eradicate ICO Scams
9. Why Top Notch ICO Analyses Are So Important
10. To Be Taken Seriously The ICO Industry Must Do This

I like the way ICOToday is set up and look forward to participating in some of the ICOs offered. I posted my steemit blog article today here : https://steemit.com/icotoday/@freegold/how-can-we-make-participating-in-icos-initial-crypto-coin-offerings-simpler

Thanks for sharing your content with us freegold

We look forward to more articles from you!

OpenMoneyBTT

full member

Activity: 224

Merit: 100

Quote from: pynetx on November 06, 2017, 01:00:27 AM

I like the way Everything is handled on the ANN thread. A good team always brings out a good product. Hope to see it soon.

Thank for your support pynetx! Stay tuned for more updates on this ANN thread

vfalla

member

Activity: 95

Merit: 10

BELUGA PAY. Complete Mobile Point of Sale System

OPEN money seems like a game changer here. I am waiting to see how will people react on it when it reaches exchanges. If it hits bittrex than it will be fomo

savantsam

member

Activity: 60

Merit: 10

Quote from: OpenMoneyBTT on November 07, 2017, 09:34:45 AM

The OPEN Platform is one that is built with a purpose that truly reflects its namesake - to create an OPEN ecosystem that drives innovation and evolution of the blockchain and drives its adoption by the mainstream. It's most important properties are: Ease of Use for Developers, an Innvative Payments Solution and Rocket Fuel for Mainstream Adoption. For all the details, check out our new technical white paper here: http://go.openmoney.digital/obmtwp

Definitely! Ease of use for developers is the keep to adoption. Thanks for sharing the technical paper, it looks good and I can't wait to integrate OPEN!

styca

sr. member

Activity: 1078

Merit: 354

Quote from: OpenMoneyBTT on November 07, 2017, 09:34:45 AM

The OPEN Platform is one that is built with a purpose that truly reflects its namesake - to create an OPEN ecosystem that drives innovation and evolution of the blockchain and drives its adoption by the mainstream. It's most important properties are: Ease of Use for Developers, an Innvative Payments Solution and Rocket Fuel for Mainstream Adoption. For all the details, check out our new technical white paper here: http://go.openmoney.digital/obmtwp

Sometimes a crypto project is good, but there is no incentive to hold the tokens. Open Money is different, there's a clear explanation of token utility on page 19 of the paper, plus this bit at the bottom... the last sentence in particular gives reason to be a big token holder:

"Additionally, the OPENToken can provide utility to the users if application Scaffolds are implemented to
give discounts or currency bonuses to individuals that hold OPENTokens in their OPENWallet, or pay
the Scaffolds in OPENTokens. This added utility would provide an incentive for users to purchase and
utilize cryptocurrencies such as ETH and BTC and carry OPENTokens over fiat currencies to support a
conventional app in a decentralized environment. Moreover, it makes sense for users to hold
OPENTokens because each time a Scaffold closes, OPENTokens will be airdropped to all wallets with a
large enough balance of OPENTokens. "

ferrari2fast

newbie

Activity: 10

Merit: 0

Reading about how Open Money was recently mentioned on Forbes, I am interested in how it will go mainstream and help developers.

ellerby123

full member

Activity: 140

Merit: 100

Quote from: OpenMoneyBTT on November 07, 2017, 09:34:45 AM

The OPEN Platform is one that is built with a purpose that truly reflects its namesake - to create an OPEN ecosystem that drives innovation and evolution of the blockchain and drives its adoption by the mainstream. It's most important properties are: Ease of Use for Developers, an Innvative Payments Solution and Rocket Fuel for Mainstream Adoption. For all the details, check out our new technical white paper here: http://go.openmoney.digital/obmtwp

Can't wait to see the OPEN Platform drive mainstream adoption. With ease of use for developers and an innovative payment system, there's huge potential for adoption.

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