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API3 Successfully Integrates With RSK Protocol to Deploy Web2 APIs

byRitu Lavania
November 22, 2021
in Blockchain News

Web3 Oracle, which is also called the improved data source available to assist Smart Contracts, allows creating smarter Dapps using Hybrid Smart Contracts. This is why new Web3 use-cases were introduced. Although this data is frequently sourced from the actual world (Web2), it needs a consensus process to avoid failing the single point in this decentralized economy.

API3 offers a solution in first-party oracle making Web2 APIs accessible to Web3 via a lightweight API middleware, allowing for on-chain access to Web2 APIs using smart contacts. Right in early 2021, API3 partnered with different API Providers, also carrying a catalog of 150+ in API3 Alliance. API3 worked with Sovryn after successfully taking part in the Sovrynthon. Sovryn is also a decentralized lending & trading platform. It has successful integration with RSK Testnet.

DxFeed.com

DxFeed API provides a range of analytical services, bespoke solutions, data resource management, and indexing solutions for trading, forex, crypto coin, and others. Furthermore, it offers services for Reference Data, Historical Tick Data, and more.

The RDA Index data package tackles four challenges of the crypto-asset industry: intrinsic value, complex asset, volatile nature, and protecting consumers.

Sanctions.io

The API of sanctions.io delivers consistent and up-to-date data from worldwide sanctions, crime lists, PEP, ready to be integrated into your own application.

Unification

The Finchains API from Unification offers bitcoin exchange and data pricing.

SearchBug

There are 16 very useful APIs in all, ranging from criminal background checks to Zipcodes.

Stakingrewards.com

Users are able to track staking payouts and other Cryptocurrency growing tools using the Stakingrewards API.

Online World Weather

Get access to the current weather conditions, forecast for the next 14-day, Air Quality info, Weather prediction, and Average Monthly Climate data covering 4 million cities worldwide using the Local Weather API. Temperature, description of the weather, weather symbol, speed of the wind, and other meteorological elements are returned via the Weather API.

PWP Leeway

Leeway’s API gives you access to detailed data from over 50 exchanges across the world. One can receive fundamental data and balance sheets of yearly and quarterly of 20 years, closing prices of 35 years, ESG data, etc.

The Open Banking APIs from TESOBE / Open Bank Project has been deployed to RSK, giving developers access to a variety of Open Banking APIs supporting Dapps construct solutions ranging from KYC & Account Management to ATM & Card services.

These APIs will be implemented in the following weeks in preparation for a Hackathon hosted by Banco Hipotecario, a state-owned bank in El Salvador. RSK, a networking Blockchain, uses merged mining to provide network security similar to Bitcoin, as well as an EVMs that compatible platform of the smart contract.

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Ritu Lavania

Ritu Lavania

Ritu Lavania is a versatile Web3 content creator with over three years of experience in the crypto space. She specializes in creating engaging and impactful content for diverse audiences. Her skill set includes research, creative writing, SEO, and cross-functional collaboration. She supports animal and education causes . She enjoys writing poetry and interpreting abstract art!

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