Posted On: 07/22/2014 8:25:46 PM
Post# of 776
The WinkDex aims to provide up-to-date price data that will serve as the foundation for both the proposed bitcoin ETF and other applications of the index.
Winklevoss remarked to Fortune that the API launch opens the doors to unexpected use cases. While suggesting that the primary focus will be the facilitation of price data, it’s very possible that other utilizations may come into focus, he said.
Winklevoss added:
“That’s the fun part a little bit, is not knowing what the hell people are going to do on it. It’ll be really interesting to see what people do. And even though ostensibly an API of a pricing product is not super sexy, this matters to the bitcoin community.”
Winklevoss remarked to Fortune that the API launch opens the doors to unexpected use cases. While suggesting that the primary focus will be the facilitation of price data, it’s very possible that other utilizations may come into focus, he said.
Winklevoss added:
“That’s the fun part a little bit, is not knowing what the hell people are going to do on it. It’ll be really interesting to see what people do. And even though ostensibly an API of a pricing product is not super sexy, this matters to the bitcoin community.”
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