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Home » IOTA’s BUILD.5 Presents Game-Changing Project API and Innovations in Billion-Dollar Market, Stealing the Limelight
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IOTA’s BUILD.5 Presents Game-Changing Project API and Innovations in Billion-Dollar Market, Stealing the Limelight

By adminNov. 14, 2023No Comments2 Mins Read
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IOTA's BUILD.5 Presents Game-Changing Project API and Innovations in Billion-Dollar Market, Stealing the Limelight
IOTA's BUILD.5 Presents Game-Changing Project API and Innovations in Billion-Dollar Market, Stealing the Limelight
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BUILD.5: Transforming into a Comprehensive Web3 Platform

In a remarkable stride forward, BUILD.5 is steadily advancing towards becoming a comprehensive web3 platform, simplifying interactions with Distributed Ledger Technologies (DLTs) like IOTA and Shimmer. This latest development update for November 2023 showcases the platform’s significant progress in its journey to revolutionize the web3 landscape.

Exciting news for IOTA enthusiasts! BUILD.5 is supercharging the IOTA ecosystem with game-changing features:

Project API: This groundbreaking API empowers users to create their own dedicated “Verses” within the BUILD.5 platform, catering to diverse interests ranging from IOTA and Shimmer-focused communities to IoT collaborations, environmental sustainability initiatives, and healthcare research spaces. These Verses can seamlessly share information, fostering growth and collaboration, while allowing Verse creators to monitor API usage and implement various billing models.

Full integration of @iota/sdk: BUILD.5’s transition from iota.js to iota/sdk signifies a robust move to support Stardust on the IOTA mainnet. This update underscores the platform’s reliability and stability, as it now seamlessly supports both Shimmer and IOTA mainnets with a battle-tested codebase spanning over two years. Enterprise partners can appreciate the system’s enhanced security and stability, making it an attractive choice for development.

Auction API: The Auction functionality in BUILD.5 has expanded beyond NFTs, enabling 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: 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 these seamless integrations of IOTA and Shimmer, along with the introduction of versatile APIs, BUILD.5 is empowering both enterprises and individuals to innovate and pioneer revolutionary industry solutions, transforming into a comprehensive web3 platform.

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IOTA Transforms Medical Records into a Portable, Private, and Borderless Format

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Is the UK Closing the Gap with the US on Bitcoin ETFs? Industry Believes So as the Country Considers a Shift in Crypto Regulation

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