Coinkite launches its API, a "Wallet as a Service"

Coinkite, the Toronto-based Bitcoin wallet and point-of-sale (POS) service, has announced the launch its API- its "Wallet-as-a-Service". The service is being powered by PubNub, an app data streaming service.

The API will add a new degree of sophistication to the way merchants can analyze transactions and interact with their service. Merchants will be able to build complete systems around their Coinkite solution, without having to rely solely on the Coinkite tools available for their disposal.

The new API will allow merchants to view balances, search by transaction hash, create vouchers, e-mail funds and quickly create new receive addresses. In addition, account activities and the status of pending transactions can be viewed.

The Coinkite POS terminal can be accessed remotely and even triggered to perform transactions like printing receipts.

Merchants already have the hard work done for them, without having to build a tricky p2p client from the ground up:

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