Develop API exchange for BDT to boost app market: Experts

Experts concerned with the IT sector said that if the provision of buying mobile apps through BDT instead of USD is instigated, then it would boost up the apps market by manifold.
During a seminar titled “Digital Service Delivery: Prospects and Challenges” at the ongoing BASIS Softexpo-2017, the speakers stresses on having a national  Application Programming Interface (API) exchange to start the process of buying mobile apps through Bangladesh’s own currency.
The API Exchange serves to bridge the gap between application providers’ needs and operators’ capabilities through cross-operator
cooperation.
Currency Converter API started in year 2014, and has been up ever since. It offers free web services for developers to convert one currency to another.
Presenting the keynote paper during the seminar, Kaimun Amin, Chief Executive Officer (CEO) and Managing Director of VU Mobile said that as of now, any user, entrepreneur or developer needs to pay in USD if s/he wants to buy any paid app.
Even for conducting digital marketing for the app or facebook page, that user needs to pay in dollar. “Unfortunately, very few people in the country has the capacity or opportunity to buy anything in dollar through  credit card as there are restrictions imposed by the central bank.”
For that reason, Bangla-desh needs to develop its own API Exchange for local currency, he added.
Mostafa Jabbar, President of BASIS said that increasing number of developers is getting connected with
the app development
eco-system.
“This number could be multiplied by many times if we have an API exchange for BDT because this will prompt a good number of developers across the country to develop more apps.”

Develop API exchange for BDT to boost app market: Experts

Experts concerned with the IT sector said that if the provision of buying mobile apps through BDT instead of USD is instigated, then it would boost up the apps market by manifold. During a seminar titled Digital Service Delivery: Prospects and Challenges at the ongoing BASIS Softexpo-2017, the speakers stresses on having a national Application Programming Interface (API) exchange to start the process of buying mobile apps through Bangladeshs own currency. The API Exchange serves to bridge the gap between application providers needs and operators capabilities through cross-operator cooperation. Currency Converter API started in year 2014, and has been up ever since. It offers free web services for developers to convert one currency to another. Presenting the keynote paper during the seminar, Kaimun Amin, Chief Executive Officer (CEO) and Managing Director of VU Mobile said that as of now, any user, entrepreneur or developer needs to pay in USD if s/he wants to buy any paid app. Even for conducting digital marketing for the app or facebook page, that user needs to pay in dollar. Unfortunately, very few people in the country has the capacity or opportunity to buy anything in dollar through credit card as there are restrictions imposed by the central bank. For that reason, Bangla-desh needs to develop its own API Exchange for local currency, he added. Mostafa Jabbar, President of BASIS said that increasing number of developers is getting connected with the app development eco-system. This number could be multiplied by many times if we have an API exchange for BDT because this will prompt a good number of developers across the country to develop more apps.