EEA Member Spotlight with Mark Fitzgibbon, DAO Member – Operations at API3
As an EEA member, API3 is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed Mark Fitzgibbon on the ways API3 helps the ecosystem achieve the potential impact of Ethereum.
Please introduce your company and yourself briefly.
API3 seeks to create powerful decentralized applications by providing decentrally governed and quantifiably secure data feeds directly to data consumers on the Ethereum blockchain. I’m an IT professional with more than 20 years of experience and currently working with API3 in operations and the Enterprise business development team.
What first brought you to the EEA, and why did you decide to become a member?
Joining the EEA seemed a natural course of action due to our B2B focus, particularly in the Enterprise sector. We hope to contribute to the development of standards for enterprises, grow our network, and add value where we can.
What are you currently working on with regards to Ethereum? How will end-users benefit from your work?
API3 is currently working on launching our Airnode product, as well as our DAO governance portal. After that, we will be integrating numerous API data feeds onto Ethereum. Later in the year, we plan to provide an automation and integration platform for data consumers to use to build customized/aggregated data feeds on their own Airnodes.
We also recently obtained GDPR compliance certification via code audit for the Airnode oracle, a blockchain industry first. This is something we pushed hard to achieve as part of our focus on B2B and the Enterprise space specifically, to remove a significant barrier to adoption from the compliance area for Ethereum as a public blockchain. We’re also working hard to engage with Enterprises and develop strong partnerships to drive adoption and expansion of the enterprise Ethereum space, and we hope to secure opportunities and partnerships in this area in the near future.
Our most recent development was a 10 year exclusive partnership with the Open Bank Project, to bring CeFi APIs for banking onto the Ethereum chain, over 400 of them to start with.
How will the EEA enhance your organization’s current efforts?
EEA will enable us to network with other members and look for ways to add value to their operations. We’d be happy to contribute to membership education in areas based on our expertise and project focus, adding value and knowledge. We look forward to exploring the challenges and opportunities involved in bringing more varieties and quantities of real-world, API-driven off-chain data to blockchain data consumers on Ethereum. This, we hope, will lead to new applications and use case-driven projects utilizing these new types of data and helping to grow the blockchain space as a whole over time.
What EEA programs are you most excited about?
We are most excited about the EEA’s working groups and learning from other members. The Ethereum Mainnet, Financial Services and EEA Supply Chain Interest Groups cover areas we are exploring at present, and where we hope API3 can be a valuable contributor. We also plan to participate in the soon-to-be-launched DeFi Interest Group. This is something that we hope to explore further as we spend more time engaging with EEA, learning, growing the relationship with the EEA and our fellow members. Workshop and conference opportunities for greater engagement would also help us to contribute and learn.
Learn More and Connect with the EEA
The EEA enables organizations to adopt and use Ethereum technology in their daily business operations. We empower the Ethereum ecosystem to develop new business opportunities, drive industry adoption, and learn and collaborate. Join us and contribute to our work!