Who will find it useful?
All APIs, first and foremost, are developer-focused. As Ubiquity can act as a proxy for running your own node, the use cases are as diverse as any in the industry.
DeFi and Layer 2 Users frequently need access to other protocols such as Ethereum or Bitcoin in addition to their protocol’s native node. For example, Skale requires an Ethereum connection, and while you can run your own, Skale initially pointed to Infura as a usable example service. Native Web3 APIs will be useful for these uses.
Analytics Firms who need access to historic protocol data will find Ubiquity for a cost- and time-effective way to access blockchain historical data without the challenge and cost of launching a full archive node. By using the Standard API, they can quickly adopt at new protocols with a minimum of time investment. By using Native Web3 APIs they can access new and pending transactions, making predictions based on historical data they have collected.
Custodians and Exchanges can access historic data quickly and economically, again bypassing the need for running full archive nodes. Additionally, via Native Web3 APIs, they can connect to chains and submit transactions without needing to incur the full cost of operating a node. Ubiquity’s Standard API allows for economic and highly performant retrieval of historic data.