Article: API3 and Open Bank Project team up for decade-long blockchain venture

API, Money, Open Governance, Open Infrastructure

API3 and Open Bank Project team up for decade-long blockchain venture

Developer AP13 has entered into a 10-year development partnership with Open Bank Project to connect more than 400 banking and open banking APIs directly to blockchains. The partnership brings about an historic opportunity to merge open banking data into Web 3.0 in a highly secure and trustless manner via API3’s Airnode, all housed under open-source code.

Open banking is a practice by which banks provide authorised third-party providers with access to banking data through the use of application programming interfaces (APIs). Perhaps the most well-known open banking initiative is the revised Payment Services Directive (PSD2) – an EU regulation passed in 2015 that requires banks to create mechanisms that enable third-party providers to work securely, reliably and rapidly with the bank’s services and data on behalf and with the consent of their customers.

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Article: What Is Ethereum and How Does It Work?

Money, Open Governance, Open Source

What Is Ethereum and How Does It Work?

Ethereum continues to grab the attention of the masses. As cryptocurrency awareness increases, more people are getting active on the Ethereum blockchain, a decentralized application ecosystem.

Ethereum is a blockchain network that makes it possible to use decentralized applications and cryptocurrencies on the same blockchain. Ethereum is often described as one of the key components of Web 3.0.

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