Machine-Payable Apps on 21 - dummies

Machine-Payable Apps on 21

By Tiana Laurence

21 Inc. is one of the best-funded blockchain companies in the blockchain space with over $116 million raised. Andreessen Horowitz, Data Collective, Khosla Ventures, RRE Ventures, and Yuan Capital are among the venture capital firms contributed to 21.

21 is building software and hardware that makes it easy to work with Bitcoin over HTTP. It facilitates fast machine-to-machine payments. Users can send, receive, and implement micropayments over HTTP. 21 also allows users to write machine-payable apps on its system.

One of 21’s devices is an embeddable mining chip, called BitShare. It can be embedded into an Internet-connected device as a standalone chip or integrated into an existing chipset as a block of IP. The BitShare generates a stream of digital currency for use in a wide variety of applications.

21 does four other things as well. It has

  • A downloadable app that is a fast way to get Bitcoin in any country, without a bank account or credit card
  • A marketplace where you can buy or sell API calls for Bitcoin with developers around the world, as well as add Bitcoin micropayments with one line of code
  • A dashboard that can monitor your Bitcoin earnings and network activity
  • A system that lets you connect with developers and host your machine-payable APIs