Blockcypher Rolls Out API For Issuance And Handling Of Assets On The Blockchain

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At a recent event last week – Money 20/20 – BlockCypher announced the availability of their Assets API, which enables the issuance and handling of any asset on the blockchain.

With one simple API call, an organization can now issue any asset as custom digital tokens (colored coins) and transfer them securely using the blockchain. “Colored coins” is a term that describes a class of methods for representing and managing real-world assets on the blockchain.

BlockCypher’s Assets API implements the Open Asset protocol, the same one that NASDAQ is using for their Private Market Platform where private shares are issued via colored coins.

“Blockchain technology will transform how we transfer value over the Internet,” says Catheryne Nicholson, BlockCypher CEO and Co-founder. “This Assets API, similar to our other APIs, makes it easy to utilize blockchain technology without having to run it yourself. We save companies time, money, and a lot of headaches.”

Prior to this release, using assets on the blockchain required a significant amount of code to track the entire history of the asset and to build complex transactions. BlockCypher’s Assets API simplifies it down to one API call.

“Assets on the blockchain should be integrated into every institution’s offerings,” says Tim Draper. “BlockCypher’s latest Assets API makes it incredibly easy to do so. Financial institutions: take notice.”

BlockCypher’s Assets API deepens the company’s offering of highly differentiated web services, which include a Confidence Factor to process transactions quickly, Microtransaction API for on-blockchain micropayments, and a Data Endpoint to record documents on the blockchain. Information about the Assets API and all of BlockCypher’s web services are detailed in their documentation.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) – Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He’s written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein’s professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he’s travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, “The Hitchhiker’s Guide to the Seas’ travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he’s raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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