SatoshiPay reaches 10,000 user wallets and releases API
SatoshiPay, a blockchain-based nanopayments company that enables digital transactions on a micro-scale, today announced the release of their API (Application Programming Interface) and reaching a milestone of 10,000 user wallets generated through its current platform.
31 May 2016
SatoshiPay’s technology enables content publishers to facilitate nanopayments, generating new revenue streams by allowing monetisation on a nano-scale.
The API enables the company to support any digital implementation, a significant improvement over its previous release, which only supported WordPress websites, this means SatoshiPay can now be used on 100% of the web, whereas it only supported 26% previously.
The API will enable developers to utilise SatoshiPay’s technology in any digital or internet connected product.
Meinhard Benn, SatoshiPay CEO was quoted “We have been delighted by the response we’ve received from the developer community and we’re excited to announce the API. Our mission is to enable developers to use SatoshiPay for any kind of digital product or service they want to implement nanopayments into. We believe this will enable us to significantly scale our reach as developers can use our system in any way they can dream. We will continue to add features frequently to support our growing ecosystem of developers and partners”.
With the introduction of their API, SatoshiPay positions itself as a payment infrastructure provider; enabling apps and services to be built on top of their platform. The API makes SatoshiPay’s technology accessible to the millions of developers who build apps and software, as well as enterprises looking for a more flexible means to implement bitcoin technology into their current frameworks.
“Developer and enterprise interest in SatoshiPay has been tremendous and this is the next step in our evolution” said Benn.
SatoshiPay will build exposure of its API through partnerships, conferences, developer networks and hackathons.
SatoshiPay is headquartered in London with development lead through its office in Berlin. Angel funding for SatoshiPay Ltd was supplied by Axel Springer Plug & Play and Henning Peters, seed funding was raised through publicly listed companies Coinsilium Group (ISDX:COIN) and FastForward Innovations (LON:FFWD). Development of SatoshiPay’s nanopayment product started in April 2015 and its beta version was released in February 2016. Find frequently updated information at the company’s website https://satoshipay.io, its blog https://medium.com/@SatoshiPay and Twitter @SatoshiPay.