opinion

Traffic Patterns: The Digital Economy Is Depending More on APIs

If you work with APIs (application programming interfaces), you already know why they’re critical to the future of Internet commerce.

But many may ask: What are APIs, and why should we focus on them?

By giving developers easy and secure access to data and services to help create new mutually beneficial business opportunities, APIs are definitely the future of business.

Below we take a look at how the interface opens up a whole new world of automation.

What is an API?

In the data-filled age that we live in today more and more digital businesses are opening up their platforms with APIs so that clients and third-party developers can create new software-based products and applications based around those platforms.

Essentially an API is a communication link between two applications or pieces of software. It is a simple, fast way to plug in and use a service from a third-party provider. The services can be anything from content such as news, transactional services such as credit card billing or automating processes on an ad network’s platform.

API History

Web APIs got their big start with early e-commerce websites eBay and Amazon back in the early 2000s. By 2006 social networks Facebook and Twitter had both launched platform APIs to allow developers to integrate their sharing functions into products. But it was cloud computing where web APIs really started to gather momentum, it wasn’t just about social fun anymore, you could actually run your business using APIs.

Even with the power of API driven cloud computing, it would take another ingredient to finally catapult APIs to center stage — the launch of the iPhone 3G. In June 2009, Apple’s App Store began allowing iPhone owners to download applications through iTunes onto their phones which opened up a whole new world of mobile applications, in which APIs would be the driving force.

APIs Today

Before the cloud, businesses had to waste time and money upgrading servers and expanding their storage needs on a regular basis. The beauty of the cloud is its infinite scalability which is essential for the massive and ever changing amounts of data that digital businesses are generating, storing, accessing and consuming. This shift is creating new opportunities for both individual organizations and for global commerce by the exploitation of data and control flows between servers, resources, devices, products, partners and customers. APIs are what enable an organization to define securely how data passes between their internal systems, to and from their partners and customers.

For example ExoClick’s platform stores all its data on the cloud and our API then allows clients and partners to securely access their data stored on this cloud through specific commands. This opens up a whole new world of automation for clients with the development of their own software using the ExoClick platform.

With the explosion in devices from traditional desktop computers to smartphones and tablets and the much talked about Internet of Things, devices tie into the identities of individuals, objects and physical spaces such as restaurants, bars, shops, landmarks, etc.

The devices are able to transmit and receive data and this data in turn permits not only information capture, but also control of actions to be taken, for example, a thermostat manufacturer can develop software from its API so that a consumers heating system can change its temperature setting automatically, using settings held on a cloud server from today’s regional temperature data.

Each computer enabled device, each software application running on such a device or a remote server, and each networked environment provides interfaces to the outside world that can be identified and accessed.

The Future of APIs in Business

So as you can see APIs open the door to new opportunities and when deployed they become part of a business’ wider ecosystem by providing the building blocks for third-party organizations to create new exciting products and services.

The API is the ingredient and the recipe is only constrained by the imagination of the developer and developers are hungry to build the next big thing. By giving developers easy and secure access to data and services to help create new mutually beneficial business opportunities, APIs are definitely the future of business.

Benjamin Fonzé is founder and CEO of ExoClick. More details about ExoClick’s API can be found at: https://www.exoclick.com/developers/

Related:  

Copyright © 2024 Adnet Media. All Rights Reserved. XBIZ is a trademark of Adnet Media.
Reproduction in whole or in part in any form or medium without express written permission is prohibited.

More Articles

opinion

How to Halt Hackers as Fraud Attacks Rise

For hackers, it’s often a game of trial and error. Bad actors will perform enumeration and account testing, repeating the same test on a system to look for vulnerabilities — and if you are not equipped with the proper tools, your merchant account could be the next target.

Cathy Beardsley ·
profile

VerifyMy Seeks to Provide Frictionless Online Safety, Compliance Solutions

Before founding VerifyMy, Ryan Shaw was simply looking for an age verification solution for his previous business. The ones he found, however, were too expensive, too difficult to integrate with, or failed to take into account the needs of either the businesses implementing them or the end users who would be required to interact with them.

Alejandro Freixes ·
opinion

How Adult Website Operators Can Cash in on the 'Interchange' Class Action

The Payment Card Interchange Fee Settlement resulted from a landmark antitrust lawsuit involving Visa, Mastercard and several major banks. The case centered around the interchange fees charged to merchants for processing credit and debit card transactions. These fees are set by card networks and are paid by merchants to the banks that issue the cards.

Jonathan Corona ·
opinion

It's Time to Rock the Vote and Make Your Voice Heard

When I worked to defeat California’s Proposition 60 in 2016, our opposition campaign was outspent nearly 10 to 1. Nevertheless, our community came together and garnered enough support and awareness to defeat that harmful, misguided piece of proposed legislation — by more than a million votes.

Siouxsie Q ·
opinion

Staying Compliant to Avoid the Takedown Shakedown

Dealing with complaints is an everyday part of doing business — and a crucial one, since not dealing with them properly can haunt your business in multiple ways. Card brand regulations require every merchant doing business online to have in place a complaint process for reporting content that may be illegal or that violates the card brand rules.

Cathy Beardsley ·
profile

WIA Profile: Patricia Ucros

Born in Bogota, Colombia, Ucros graduated from college with a degree in education. She spent three years teaching third grade, which she enjoyed a lot, before heeding her father’s advice and moving to South Florida.

Women In Adult ·
opinion

Creating Payment Redundancies to Maximize Payout Uptime

During the global CrowdStrike outage that took place toward the end of July, a flawed software update brought air travel and electronic commerce to a grinding halt worldwide. This dramatically underscores the importance of having a backup plan in place for critical infrastructure.

Jonathan Corona ·
opinion

The Need for Minimal Friction in Age Verification Technology

In the adult sector, robust age assurance, comprised of age verification and age estimation methods, is critical to ensuring legal compliance with ever-evolving regulations, safeguarding minors from inappropriate content and protecting the privacy of adults wishing to view adult content.

Gavin Worrall ·
opinion

Account-to-Account Payments: The New Banking Disruptor?

So much of our industry relies upon Visa and Mastercard to support consumer payments — and with that reliance comes increased scrutiny by both brands. From a compliance perspective, the bar keeps getting raised until it feels like we end up spending half our time making sure we are compliant rather than growing our business.

Cathy Beardsley ·
profile

WIA Profile: Samantha Beatrice

Beatrice credits the sex positivity of Montreal for ultimately inspiring her to pursue work in adult entertainment. She had many friends working in the industry, from sex workers to production teams, so it felt like a natural fit and offered an opportunity to apply her marketing and social media savvy to support people she truly believes in and wants to see succeed.

Women In Adult ·
Show More