GameCredits will release its free to use API
Gamecredits Inc wants to change the cryptocurrency market, by releasing its free to use API.
Gamecredits is a digital currency payment solution that can be used within any videogame.
Developers who want to accept gamecredits payments can decide to reduce fees by up to 20%, eliminating chargebacks and increasing user deposit limits and payments speed.
Gamecredits provides all these benefits and takes 10% of game developers revenues, instead of the usual 30% charged by Apple, Google or Steam.
In order to avoid the current issue and let users change their habits starting to use digital currencies, Gamecredits offers several features, so gamers can find coupon codes for the cryptocurrency just by playing their videogames.
The announcement of the release of Gamecredits API comes after the recent announcement of Gamecredits Mobile Store that is set to launch this spring with more than 300 games that will receive instant access to the API.
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MasterCard Releases Blockchain API
MasterCard releases Blockchain API, an experiment to work on an emerging technology such as the distributed ledger.
So Visa won’t be the only credit card company to work on the blockchain.
But while Visa is releasing a B2B blockchain, MasterCard releases blockchain API with more collaborative objectives.
The MasterCard website now contains 3 APIs connected to its internal blockchain platform, including offerings based on smart contracts and payment settlement. Those APIs were created by MasterCard Labs, the innovation program of the credit card giant.
MasterCard blockchain lead Justin Pinkham explained that the company created the API platform in October to stoke interest among banks and merchants.
Pinkham explained to CoinDesk magazine:
“This is part of our initiative to publish experimental APIs from Mastercard Labs and give developers the chance to work on emerging technologies that haven’t yet been commercialized by us.”
Also, Pinkham explained that MasterCard company is continuing to work on technology use cases and it is looking for new partnerships that can be useful for the MasterCard’s business.
“We believe that there is a role of blockchain in the future of commerce. This future needs to be developed in partnership with banks, merchants and industry participants,” Pinkham commented.
This news is one of the most important for MasterCard company, who used to criticize bitcoin in the past.
But if MasterCard releases Blockchain API, this means that it is beginning to push some of the work done by its tech lab.
According to Pinkham it won’t be the last, as he said that the company is creating a new foundation for blockchain tech that will be focused on the distributed ledger use cases including inter-bank payments, trade finance, digital identity and also the exchange of know-your-customer information.
This work was possible also thanks to the new partnership between MasterCard and startups through its Start Path Global program, as well as 30 more blockchain-related patents that Pinkham explained the company submitted.
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Gemalto joins Symbiont to use the Blockchain
About the author: Amelia Tomasicchio is a writer and a journalist of Bitcoin-related news and articles. She started writing about Bitcoin in 2014 and she graduated in Rome with an essay about movie industry related to Bitcoin.
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