Real-Time Cryptocurrency Calculator using an Application Programming Interface

• Published in: 2023 5th International Conference on Smart Systems and Inventive Technology (ICSSIT) pp. 732 - 735
• Main Authors: Imran Hussain, S, Vigneshwaran, R, Sabarisrinivas, K R, Sakthja, J
• Format: Conference Proceeding
• Language: English
• Published: IEEE 23.01.2023
• Subjects: application programming interface; blockchain; Calculators; converter; Costs; Cryptocurrency; Organizations; Programming; Real-time systems; secure hash algorithm; Web servers
• ISSN: 2832-3017
• DOI: 10.1109/ICSSIT55814.2023.10061038

As the world transitions from cash payment mode to e-pay mode there is a huge difference in the currency values of different countries. Payments differ as the value of the currency changes in each country to solve this issue cryptocurrencies are introduced because each crypto has its own margin and market capacity, and the value of each cryptocurrencies are going to be the same in all country with respect to time. The cryptocurrency uses blockchain technology that keeps a continually expanding collection of ordered entries, called blocks, in a distributed database. Cryptography is used to join these chunks. A timestamp, transaction information, and a cryptographic hash of the preceding block are included in each block. The challenge encountered the existing system was there is no converter to see the change in value with the current currency value to overcome this issue real-time cryptocurrency converter is introduced in addition to the existing system. The system uses an Application Programming Interface (API) call made by the user instructs the programmer to do an action, after which the application makes an API request to the web server. There are many applications to exchange the currency and store it as assert but there is no application to show the conversion value of the real-time currency to cryptocurrency. In this cryptocurrency converter app, users are the option to choose the type of conversion they need, i.e, "this" crypto "to" "this" crypto so that the desired value of the crypto value can be obtained.