crypto-news-flash.com
- BUILD.5 is advancing towards becoming a comprehensive web3 platform, simplifying interactions with DLTs like IOTA and Shimmer.
- New features include Project API, full integration of @iota/sdk, Auction API, and Stamp API.
In the latest development update for November 2023, BUILD.5 is making significant strides in its journey to transform into a comprehensive web3 platform, streamlining interactions with Distributed Ledger Technologies (DLTs) like IOTA and Shimmer.
🚀 Exciting news from BUILD.5 for #IOTA enthusiasts!
🌐 They're supercharging the IOTA ecosystem with game-changing features:
🔗 Project API: Create your own "Verse" dedicated to IOTA, Shimmer, and more.
🌐 Full integration of @iota/sdk: A stable, multi-chain solution for… pic.twitter.com/D8i0CUwoYC— Collin Brown (@CollinBrownXRP) November 13, 2023
Project API: Paving the Way for Versatile Verses
BUILD.5’s Project API marks a pivotal milestone in their evolution. It separates the foundational Platform OS from the Soonaverse, enabling different ecosystems or “Verses” to thrive on the BUILD.5 platform. Each Verse can cater to diverse interests, from IOTA and Shimmer-focused communities to IoT collaborations, environmental sustainability initiatives, healthcare research spaces, and more.
These Verses can seamlessly share information, fostering growth and collaboration. Notably, Project API empowers Verse creators to monitor API usage and implement various billing models, including subscriptions and token staking.
Full Integration of iota/sdk: Strengthening Reliability
BUILD.5’s transition from iota.js to iota/sdk signifies a robust move to support Stardust on the IOTA mainnet. Despite the refactoring challenges, this update underscores BUILD.5’s reliability and stability. The platform now seamlessly supports both Shimmer and IOTA mainnets, with a battle-tested codebase spanning over two years. Enterprise partners appreciate the system’s security and stability, making it an attractive choice for development.
Auction API: Expanding Functionality
Auction functionality in BUILD.5 now extends beyond NFTs, allowing users to conduct auctions for various products. This update introduces features like Incremental Bid, Multiple Winners, and a “Top Up” feature, enhancing flexibility in auction management. These capabilities can find applications in ecommerce and digital advertising, offering versatile options for businesses.
Stamp API: Ensuring Data Integrity
The Stamp API addresses the critical need for data integrity in blockchain applications. By storing checksums on the Tangle, it enables the creation of immutable records for various use cases, such as securing IoT device updates, backing up content servers, and more. BUILD.5 also offers integration with storage providers, opening doors to decentralized storage solutions.
With seamless integration of IOTA and Shimmer, along with the introduction of versatile APIs, it is empowering both enterprises and individuals to innovate and pioneer revolutionary industry solutions.