In the recent November 2023 development update, BUILD.5 demonstrates remarkable progress toward transforming into a comprehensive web3 platform, streamlining interactions with leading Distributed Ledger Technologies (DLTs) like IOTA and Shimmer.
Unveiling BUILD.5’s Project API: Fostering Versatility
BUILD.5 reaches a pivotal milestone with its Project API, separating the foundational Platform OS from the Soonaverse. This breakthrough enables diverse ecosystems or “Verses” to flourish within the BUILD.5 platform. Verses cater to an array of interests, from IOTA and Shimmer-focused communities to IoT collaborations, environmental sustainability initiatives, healthcare research spaces, and more.
Verses facilitate seamless information sharing, fostering growth and collaboration among different communities. Notably, the Project API empowers Verse creators with monitoring capabilities for API usage and the implementation of various billing models, including subscriptions and token staking.
Full Integration of iota/sdk: Enhancing Reliability
BUILD.5’s transition from iota.js to iota/sdk signifies a robust commitment to support Stardust on the IOTA mainnet. Despite facing challenges during the refactoring process, this update underscores BUILD.5’s reliability and stability. The platform now seamlessly supports both Shimmer and IOTA mainnets, boasting a battle-tested codebase spanning over two years. Its security and stability make it an appealing choice for development among enterprise partners.
Expanding Functionality with Auction API
The Auction API in BUILD.5 extends its functionality beyond NFTs, enabling users to conduct auctions for various products. This enhancement introduces features like Incremental Bid, Multiple Winners, and a “Top Up” feature, enriching the flexibility of auction management. These capabilities hold immense potential in ecommerce and digital advertising, providing versatile options for businesses to explore.
Ensuring Data Integrity: The Stamp API
Addressing the critical need for data integrity in blockchain applications, the Stamp API plays a crucial role. By storing checksums on the Tangle, it facilitates the creation of immutable records for various use cases. This includes securing IoT device updates, backing up content servers, and more. Additionally, BUILD.5 offers integration with storage providers, opening doors to decentralized storage solutions.
The seamless integration of IOTA and Shimmer within BUILD.5, coupled with the introduction of versatile APIs, empowers both enterprises and individuals to innovate and lead the charge in revolutionizing industry solutions.
In conclusion, BUILD.5’s strides in integrating IOTA and Shimmer, coupled with versatile APIs, mark a transformative leap toward fostering collaboration and innovation. These advancements empower diverse communities, enterprises, and individuals to pioneer groundbreaking solutions, shaping a dynamic future in the realm of web3 technologies.
