05 Jan 2022 · 3 min read

Chaingateway.io – Blockchain API as a Bridge Between Web and Blockchain

Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.

As we quickly decentralize our environment, there is a gap and a barrier to entry for those who wish to learn and adapt to the concept of web 3.0. Decentralized solutions are costly, and implementation complexity is a major contributing factor.

For instance, a significant setback would be a blockchain developer's supposed annual income, which would be around $172,000 on average. Many businesses lack the financial resources to create decentralized apps or dApps. Another drawback is the lack of user-friendliness.

How are end-users meant to know how to set up a safe wallet and utilize dApps if they have trouble using their PCs and smartphones? This leads to users being unwilling to indulge.

If there’s an alternative, it has to be Chaingateway.io that provides a solution to these issues. It is believed that apps do not need to be completely decentralized. With a simple REST API and a connection to the standard web, any developer may utilize blockchains in any way they desire.

Making it simple to create, utilize, and get data from them without worrying about security, infrastructure, or the highest prices.

Chaingateway.io is genuinely meant to bridge the gap between the two. This is what the gateway has to offer:

  • Interact with blockchains without having to run your nodes
  • Get information about your account's balances, blocks, and transactions.
  • Transact and make transactions.
  • Notifications of Payments in Real-Time, also known as, Instant payment notifications (IPN)
  • There are no listing costs for all tokens and NFTs.

Besides getting to know the prime features, there are several diverse use cases associated with it.

Uses 

1. Exchanges:

Exchanges may utilize the Blockchain API to provide and trade with Ethereum, Tron, and any other Tokens they choose. Automatic deposits and withdrawals are permitted.

2 . Organizers of Initial Coin Offerings (ICOs) and Airdrops

Since Blockchain API works with all Tokens and doesn't require a listing, it's a great way to distribute tokens to a big audience almost instantly.

3 . E-Commerce

Online store owners may utilize Chaingateway.io as a payment gateway to accept a variety of cryptocurrencies. They can even begin to accept their Token or other stable currency. It will be handled via the Blockchain API, which will offer the necessary capabilities. 

4. Cryptocurrency projects and businesses

The Blockchain API is essential for projects and businesses in the blockchain industry. They will have to distribute or take Tokens, Tron, or Ethereum at some time. Alternatively, they require a trustworthy source of blockchain data. In any event, they are delivered safely and securely.

Chaingateway’s blockchain API is further bifurcated into three branches for convenience:

5. Ethereum API

This API provides access to Ethereum and all ERC20 tokens. If you've ever wanted to automate token or Ethereum payments, you've come to the right spot.

Real-world applications: Accept your token as a payment option in your shop, distribute your ICO's airdrop tokens, convert your site currency to a token that can be exchanged on exchanges, and so on.

Several applications are not restricted to transmitting but also receiving tokens. You may even establish a safe wallet for your token that is only accessible to the wallet owner.

6. Tron API

This API lets you communicate with Tron/TRX and all TRC10 and TRC20 tokens. This is the place to go if you've ever wanted to automate TRC10, TRC20, or Tron/TRX payments.

Real-world applications: Accept your TRC20 token as a payment mechanism in your shop, distribute your ICO's airdrop tokens, convert your site currency to a TRC10 or TRC20 token that can be exchanged on exchanges, and more. 

There are several use cases, including transmitting and receiving Tron/TRX, TRC10, and TRC20 tokens. With access limited to the wallet owner, you could even make a safe wallet for your TRC10 or TRC20 token.

7. Binance Smart Chain API 

The Binance Smart Chain API lets you interface with Binance Coin and BEP-20 tokens, as well as the Binance Smart Chain itself. If you've ever wanted to automate token or BNB payments, you've come to the correct spot.

Real-world applications: Accept your BEP-20 token as a payment option in your shop, distribute your ICO's airdrop tokens, convert your site currency to a token that can be exchanged on exchanges, and more. 

Several use cases include not just transmitting but also receiving tokens and BNB. You may even establish a safe wallet for your token that is only accessible to the wallet owner.

As a result, Chaingateway.io is the most attractive and ideal location for universal, economical, interoperable, and secure blockchain solutions that anybody, from a novice to a seasoned pro, may require. Start for free on Chaingateway.io.