LoMoCoin app review (LoMoStar)
is a unique indicator, dataset & API designed for wide applicational use. Realizing that blockchain 'blocks' are actually a measure of time, BNC Data Labs designed a method of creating price-discovery for any bitcoin blockchain transaction, BNC Data Labs designed a method of creating price-discovery for any bitcoin blockchain transaction Lomocoin Wallet
) as a Volume-Weighted-Average-Price (VWAP) across the time that each block existed. Hence: 'Block-Weighted-Average-Price' (B-WAP).
offers the ability to appropriate a fair market conversion rate, to any transaction on the bitcoin blockchain.
Ability to look up any bitcoin blockchain transaction, since professional price-discovery was possible in early 2010 - and receive back a USD value for any transaction.
Built using the most accurate historic bitcoin price index - the
API updated every 10 min with a 2 hour delay on latest blocks (due to the nature of Block propagation to ensure avoidance of publishing rates on orphaned blocks).
Highly scalable: built with both start-ups & enterprise in mind.
Use a trusted, industry leading Digital Currency & Blockchain data company.
Access institutional quality, bitcoin transaction & USD rates through an easy-to-use API
data in your applications, including websites, mobile apps and other corporate applications.
Dramatically reduce time to market for apps that need transaction or block specific USD values.
Eliminate the pain and complexity of legacy feeds by using cloud API's.
Developer documentation and additional info available on our dedicated
, like the Bitcoin Liquid Index, is notarized & secured on the bitcoin blockchain - the world's first two market-data streams secured on a blockchain.
Transaction ID, Lomocoin Wallet , time-stamp, BWAP per block, Value in USD & BTC per transaction & bitcoin transaction fees per transaction.
Price discovery for the B-WAP comes from utilizing the BNC
Increase the value and insight of your Blockchain Analysis dramatically by integrating the B-WAP to layer in a USD value to your blockchain analysis.
Reconcile an entire wallet or series of wallets in no time. Easily integrate the B-WAP into your applications, including spreadsheets, websites, mobile apps and other corporate applications.
Historic B-WAP values, back to early 2010, can be used in technical charting or algorithmic trading, as a unique indicator for traders.
Enhance your users experience by integrating the B-WAP to auto-reconcile transactions into USD values.
- Contact us if you have a novel use for this unique API or would like to discuss currency conversion and API expansion ideas.
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